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Home»Energy»Carnegie advances ACHIEVE wave energy project with new EuropeWave payment
Energy

Carnegie advances ACHIEVE wave energy project with new EuropeWave payment

May 19, 2025
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Australia’s Carnegie Clean Energy Receives Payment for Wave Energy Development in Europe

Australia’s wave energy developer Carnegie Clean Energy has confirmed that its subsidiary, CETO Wave Energy Ireland (CWEI), received a €137,152 payment under the EuropeWave Phase 3 contract for its ACHIEVE program.

The payment was issued following successful electrical and control system testing at SEI’s facilities in the Basque Country. Carnegie stated that the tests showcased the integration and functionality of the electrical system and validated the control system’s ability to communicate and operate system functions.

“Carnegie’s CETO technology is poised for its inaugural European deployment at the Biscay Marine Energy Platform (BiMEP) site in the Basque Country,” the company highlighted.

Future activities under the ACHIEVE program will involve procurement and manufacturing tasks, including inspections at key manufacturing partners and factory acceptance testing. Plans are also underway for deploying a wave measurement buoy at the BiMEP site.

Additionally, the project includes engagement with local suppliers for site works and testing of the power take-off system with SKF. BiMEP is concurrently progressing with its site works, which must be finalized before installation commences.

The ACHIEVE Project and CETO Wave Energy Converter

The ACHIEVE project is centered on advancing Carnegie’s fully submerged CETO wave energy converter (WEC), which harnesses energy from ocean waves via a tethered buoy system.

EuropeWave combines a pre-commercial procurement (PCP) program with the International Energy Agency’s “stage-gate” process to enhance public procurement value and expedite wave energy technology development. The collaboration with Wave Energy Scotland (WES) and Ente Vasco de la Energia (EVE) has secured nearly €20 million in funding to propel the wave energy sector forward.

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CETO technology features a fully submerged, point absorber type wave energy device. A submerged buoy positioned a few meters below the surface moves with the ocean’s waves, generating orbital motion that drives a power take-off (PTO) system converting it into electricity.

Recent Milestones

Carnegie Clean Energy recently completed electrical and control system testing for its ACHIEVE CETO wave energy unit at SEI’s facilities in the Basque Country, Spain. This followed the finalization of a contract with BiMEP to install and test its CETO wave energy technology in Spain earlier this year.

ACHIEVE Advances Carnegie Energy EuropeWave payment project wave
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