Carnegie Clean Energy’s wholly owned subsidiary, CETO Wave Energy Ireland, has received a EuropeWave payment of €63,688 that reflects the approval of two deliverables related to the deployment of the CETO wave energy converter (WEC) at the Biscay Marine Energy Platform (BiMEP) site.
The payment, under the EuropeWave Phase 3 contract, follows the approval of two deliverables, including the authorization for deployment of the CETO device at the BiMEP from the relevant Spanish national energy and coastal authorities, and the completion of control software for the upcoming back-to-back PTO testing.