Abstract
Carnegie Wave Energy Limited is an ASX-listed (ASX: CWE) company and the owner and developer of the CETO wave energy technology. Carnegie is based in Western Australia with both a corporate office and a private research and development facility located in North Fremantle. With approximately 40 staff members, Carnegie is focused on the development & commercialisation of its proprietary CETO wave energy technology. The CETO technology is unique in the wave energy industry being fully submerged beneath the ocean’s surface, with the potential to produce zero emission electricity either onshore or offshore as well as the ability to produce fresh water. The CETO technology has been under development for more than 10 years and Carnegie is now ready to commission the first CETO grid connected commercial demonstration, the Perth Wave Energy Project (Perth Project).