CETO Wave Energy Ireland (CWEI), a subsidiary of Carnegie Clean Energy, has inked an assignment agreement that ensures its access to a berth reservation agreement within the Biscay Marine Energy Platform (BiMEP).
This development is said to mark an important step in CWEI’s journey toward CETO deployment in 2025. CWEI has secured a berth for the deployment of CETO under the ACHIEVE Program, facilitated by a tender in the EuropeWave PCP Program’s third and final phase.
The assignment agreement, signed by all parties involved, transfers the berth reservation rights, originally secured by Wave Energy Scotland for the EuropeWave Buyers Group, to CETO Wave Energy Ireland as one of the successful Phase 3 Contractors.
Carnegie and CWEI’s CEO, Jonathan Fiévez, signed the formal assignment agreement.
Following the assignment of the berth reservation agreement, CWEI and BiMEP will finalize the contract that formalizes the details of CWEI’s access to its preferred berth for the ACHIEVE Programme’s deployment of CETO.
According to Carnegie, BiMEP provides an open-ocean environment where the CETO technology can be validated for future commercial projects.
In addition, the company noted that access to BiMEP’s established infrastructure including monitoring, subsea cables, and grid connection will allow the energy generated by CETO to contribute to the Basque Country’s decarbonization target.
“The coast at Armintza in the Basque Country where the BiMEP test site is located is notorious for its intense conditions. While BiMEP’s challenging sea states present a rigorous test, they are precisely the reason we chose this location,” said Fiévez .
“CETO technology is uniquely designed to continue to generate electricity in powerful ocean conditions by continually adjusting operating depth, strategies critical to generate consistent energy for the grid.”
Speaking of other news coming from Carnegie Clean Energy, the company’s wholly-owned subsidiary Carnegie Technologies Spain secured a €2.1 million grant from the Basque Energy Agency to support the deployment of its CETO wave energy device at BiMEP in the Basque Country.
CETO is a fully submerged, point absorber type wave energy technology device. A submerged buoy sits a few meters below the surface and moves with the ocean’s waves. This orbital motion drives a power take-off (PTO) system that converts this motion into electricity.