Carnegie Clean Energy — CETO
Provider 
Founded —
Sells To —
Pricing Model —
Ownership —
Fully submerged point-absorber wave energy converter that generates electricity and desalinated water.
Carnegie Clean Energy's CETO is a fully submerged buoy-type wave energy converter designed to operate beneath the ocean surface. The system generates both electricity and desalinated water through reverse osmosis, offering a dual-output renewable energy solution. The company is publicly traded on the Australian Securities Exchange under the ticker CCE.
CETO units are moored to the seabed and convert wave motion into hydraulic pressure to drive generators or desalination pumps. The submerged design avoids visual impact and reduces exposure to surface storms, competing directly with other point-absorber technologies in the wave energy market.
| Attribute | Carnegie Clean Energy — CETO | CorPack, Wave Energy Converter | |
|---|---|---|---|
| Provider | |||
| Founded | — | 2012 | |
| Sells To | — | Enterprise | |
| Pricing Model | — | Services | |
| Ownership | — | Private |
Provider 
Founded —
Sells To —
Pricing Model —
Ownership —
Provider 
Founded 2012
Sells To Enterprise
Pricing Model Services
Ownership Private

Onshore and breakwater-mounted wave energy floaters for grid-connected power generation.

Fully submerged wave energy converter achieving high uptime offshore utility-scale deployments.


Offshore wave energy converter platforms with utility-scale and maritime surveillance applications.

Nearshore seabed-mounted oscillating surge wave energy converter for utility-scale power.
Onshore and breakwater-mounted wave energy floaters for grid-connected power generation.
Fully submerged wave energy converter achieving high uptime offshore utility-scale deployments.
Offshore wave energy converter platforms with utility-scale and maritime surveillance applications.

Nearshore seabed-mounted oscillating surge wave energy converter for utility-scale power.