Carnegie Cashes In on Enel Deal

Australian renewables developer Carnegie Clean Energy has received the associated payment from Enel Green Power (EGP) under the collaboration agreement.

In July 2018, Carnegie signed a deal with renewables player Enel Green Power (EGP) which will see EGP invest €1 million (AU$1.6 million) in the research, development and deployment of the CETO wave energy technology.

Under the agreement, EGP and Carnegie will also work together to identify, develop and invest in new opportunities for CETO 6 across Australia, Europe and globally.

In addition, EGP and CCE will also cooperate within the framework of the Albany Wave Energy Project (AWEP), a government-backed development project involving the design, manufacture, installation and 12-month testing of a full scale CETO 6 unit offshore in Albany, Western Australia.

The AWEP testing phase is expected to start by the first half of 2020.

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OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

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Green Energy & Expo 2019

Conferenceseries LLC Ltd is an amalgamation of Open Access Publications and worldwide international science conferences and events…

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EWTEC2019

The European Wave and Tidal Energy Conference (EWTEC) series are international, technical and scientific conferences…

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SPE 2019

SPE Offshore Europe is recognised by offshore E&P professionals as Europe’s leading E&P event…

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