Perth-based alternative energy developer Carnegie Clean Energy (ASX: CCE) has entered into a A$1.6 million collaboration agreement with global renewables player Enel Green Power (EGP) to further its CETO wave energy technology.
Under the terms of the agreement, Carnegie and EGP will work together to research, develop and deploy current and future CETO technologies, including the Albany Wave Energy Project south of Perth, as well as opportunities for CETO in Australia and overseas. EGP will also join the technical advisory committee of Carnegie and the Wave Energy Research Centre run by the University of Western Australia with support from the WA state government.
EGP has a global presence in the renewables energy sector with interests in Europe, the Americas, Asia, Africa and Oceania.
The company manages around 42,000 megawatts of renewable energy plants across wind, solar, geothermal and hydropower, and is involved in the integration of innovative technologies into renewable power plants.
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May 9, 2024
