Carnegie Clean Energy Ord Shs CWGYF

Utilities Utilities - Independent Power Producers

Carnegie Clean Energy Limited is an Australia-based technology developer focused on delivering ocean energy technologies. The Company 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.

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Carnegie Clean Energy Ord Shs > Carnegie Clean Energy

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Post by reify100on Jul 10, 2017 12:59pm

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Carnegie Clean Energy

This company has been into wave energy for some years then, last year bought another, complementary Clean Energy company.
Now, in addition to go'vt funding to develop (prove) their wave technology Carnegie
is building micro grids, with solar, battery, etc, and getting gov't and/or developer $$ to do this. With the recently elected Aussie gov't funding for a significant wave power installation is going forward.
This is not intermittent power. Overall it seems to me that this little company is on the cusp of first commercial success. I established a position at $0.05 per share today.

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A junior copper-gold stock trading at a bargain of monumental proportions