Latest Wave Energy Commercialisation News

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Carnegie Clean Energy reported a $1.7 million loss for the half-year ending December 2025, while pushing forward with key wave energy projects and securing $2.1 million in fresh capital.
Victor Sage
Victor Sage
25 Feb 2026
Carnegie Clean Energy has made significant strides in its wave energy technology, progressing the ACHIEVE Programme and launching a €4 million EU-funded project to reduce costs, while securing a prestigious Defence innovation award.
Victor Sage
Victor Sage
30 Jan 2026
Carnegie Clean Energy's subsidiary has received a significant milestone payment under the EuropeWave contract, marking progress in deploying its wave energy technology at a key European marine site.
Victor Sage
Victor Sage
12 Nov 2025
Carnegie Clean Energy marked steady progress in Q3 2025, hitting key manufacturing milestones for its CETO wave energy system in Spain, securing €4 million in EU funding, and raising $2.1 million from shareholders to fuel commercialisation efforts.
Victor Sage
Victor Sage
31 Oct 2025
Carnegie Clean Energy reported a $2.33 million net loss for FY2025 but made significant strides in commercialising its wave energy technologies, supported by new loans and a US subsidiary launch.
Victor Sage
Victor Sage
25 Aug 2025
Carnegie Clean Energy launches a $3 million Share Purchase Plan at a 20% discount to fund its pioneering 6 MW CETO wave energy project in Spain and expand its global footprint.
Victor Sage
Victor Sage
12 Aug 2025
Carnegie Clean Energy has made significant strides in advancing its wave energy technologies, signing key MOUs and achieving critical milestones in the ACHIEVE Programme during the June 2025 quarter.
Victor Sage
Victor Sage
31 July 2025
Carnegie Clean Energy has partnered with global industrial leader SKF to co-develop and manufacture the Power Take-Off system for its CETO wave energy technology, marking a key step in commercialising ocean energy in Europe.
Victor Sage
Victor Sage
8 May 2025