Carnegie was selected from over 500 entries by a panel of industry experts. Other companies selected in the top 50 included:- financial management software firm MYOB, sporting club Collingwood Football Club, real estate group Mirvac and product development consultancy Planet Innovation.
We’re delighted to be recognised as a top innovator by BRW. In order to succeed where so many others have failed, we rely on the commitment, passion and innovation of everyone in the team as well from our suppliers, partners and customers.
Carnegie’s Perth Wave Energy Project in Western Australia is currently the only grid connected wave power array in operation in the world and the first to produce both clean power and freshwater from the ocean’s waves.
Carnegie Wave Energy Limited is an Australian, ASX-listed (ASX:CWE) wave energy technology developer. Carnegie is the 100% owner and developer of the CETO Wave Energy Technology intellectual property. Carnegie is focussed on commercial opportunities in key target markets including UK, Europe and remote islands.
The CETO system is different from other wave energy devices as it operates under water where it is safer from large storms and invisible from the shore. CETO technology characteristics include:
Perth Wave Energy Project (‘PWEP’) Fact File
CETO 6 Project Fact File
The CETO 6 unit has a targeted 1MW (1000kW) power capacity, some four times of the current CETO 5 generation being used in the Perth Project. It will have a superior efficiency, lower capital and maintenance costs than any CETO product generation developed to date. The CETO 6 Project is supported by $11m in Australian Government grant funding through the Australian Renewable Energy Agency’s Emerging Renewables Program and a five year $20 million loan facility from the Australian Clean Energy Finance Corporation. The clean, renewable energy generated by the Project will be sold to the Australian Department of Defence at Australia’s largest naval base, HMAS Stirling, on Garden Island in Western Australia.
For more information:
Dr Michael Ottaviano CEO & Managing Director Carnegie Wave Energy Limited +61 8 9486 4466 firstname.lastname@example.org www.carnegiewave.com