"You will have no doubt read our most recent quarterly report about the significant design progress we’ve made with CETO 6 and that an update is due shortly. We need to be confident in our IP being secured before we release any details on of new designs." -- Michael Ottaviano, CEO, Carnegie Clean Energy, 18 September, 2017 (source: thread "WOW MO reply to my CETO 6 request")
"One improvement that we are currently evaluating is related to the optimization of the mooring configuration that is holding the buoy. The current CETO 6 vertical mooring line mainly captures energy from the buoy’s heave motion. This new configuration would capture pitch and surge motion, as well, potentially tripling the power output." -- Alexandre Pichard, Analysis Engineer, Carnegie Clean Energy (source: https://au.mathworks.com/company/ne...ing-next-generation-wave-farm-technology.html)
"Our CETO team has spent the past 12 months taking the learnings from our record breaking Perth Wave Energy Project and collaborating with our global supply chain to disrupt our own thinking to develop the CETO 6 technology. We anticipate revealing this new design before the end of the calendar year." -- 2017 Annual Report
"Further details of the latest CETO 6 design will be released shortly." -- ASX Announcement, 6 November 2017
CCE Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
