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Carnegie Advances CETO Deployment in Spain with $2.5M Capital Boost

8:24am on Wednesday 29th of July, 2026 AEST Renewable Energy
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Carnegie Advances CETO Deployment in Spain with $2.5M Capital Boost

8:24am on Wednesday 29th of July, 2026 AEST
Key Points
  • CETO wave energy modules near ocean deployment at BiMEP, Spain
  • Spanish regulatory approvals secured unlocking milestone payment
  • US TEAMER support awarded for offshore aquaculture tech adaptation
  • Loan facility extended to June 2027 to align with project cashflows
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