Carnegie Clean Energy Ltd. engages in the development and ownership of the patented CETO wave energy technology. The firm is the owner and developer of the CETO and MoorPower technologies, which capture energy from ocean waves and convert it into electricity. CETO is its core wave energy technology, a submerged point absorber type wave energy converter which converts ocean waves into zero-emission electricity. MoorPower is a CETO derived wave energy technology designed to deliver a sustainable energy supply for marine industries operating at a fixed moored location, reducing the reliance on diesel. The Mooring Tensioner is a component which provides passive tension required for rotary electric power take-off systems, such as is required for CETO and MoorPower. Its projects include ACHIEVE Programme, MoorPower Scaled Demonstrator, Garden Island Microgrid, Microsoft AI for Earth project, CETO Next Generation and others.
