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CCE – Carnegie Clean Energy Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Carnegie Clean Energy Limited is an Australia-based company engaged in developing wave energy technology. The Company is focused on the development and commercialization of the CETO wave energy converter. The Company’s products technology includes CETO Wave Energy Technology (CETO), Wave Predictor and MoorPower. CETO harnesses the untapped energy present in the ocean’s waves and converts it into grid-ready electricity. CETO is a submerged, point absorber type wave energy technology. The MoorPower product is a spin-off that incorporates core aspects of CETO technology and know-how into a novel wave converter system for use in offshore energy demand applications. Wave Predictor integrates within CETO’s advanced controller and ultimately enable enhanced power production and survivability. The Company’s projects include Garden Island Microgrid, Microsoft AI for Earth project, CETO Next Generation, Europewave PCP Program, MoorPower Scaled Demonstrator and CETO 5.

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