Shorted
Carnegie Clean Energy logo

CCE

Carnegie Clean Energy

Utilities

Carnegie Clean Energy is an Australian company focused on the development of the CETO wave energy technology, aiming to convert ocean wave energy into electricity. The company is listed on the ASX and has international subsidiaries, positioning itself as a leader in the wave energy sector.

wave energy
renewable energy
clean technology
ASX

Shorted

short percentage0.02%
reported shorts84.9K
shares on issue407.728M

About

industry

Utilities

address

21 North Mole Drive, NORTH FREMANTLE, WA, AUSTRALIA, 6159

Key Metrics

market cap
$24.46M
eps$-0.01

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Industry & Focus

wave energy
renewable energy
clean technology
ASX
CETO technology

Company Overview

AI-generated company summary

Carnegie Clean Energy is an Australian company focused on the development of the CETO wave energy technology, aiming to convert ocean wave energy into electricity. The company is listed on the ASX and has international subsidiaries, positioning itself as a leader in the wave energy sector.

Company History

Carnegie Clean Energy has been developing its CETO wave energy technology for over 10 years, including tank testing, rapid small-scale prototyping, and large commercial-scale prototypes and arrays. The company is headquartered in Fremantle, Western Australia, with subsidiaries in the UK, Ireland, and Spain. It is listed on the Australian Stock Exchange (ASX) under the code CCE and has more than 10,000 shareholders.

Competitive Advantages

Carnegie's competitive advantages include: 1) Proprietary CETO wave energy technology, which has been in development for over 10 years. 2) International presence with subsidiaries in the UK, Ireland, and Spain, allowing for access to different markets and expertise.

Risk Factors

  • Technological risks associated with wave energy conversion
  • Funding and capital raising risks
  • Regulatory and permitting risks

Key People

Leadership team at Carnegie Clean Energy

Anthony Shields

Anthony Shields

Non-Executive Chairman

Managing Director of Asymmetric Investment Management Pty Ltd, specializing in private debt, venture capital and risk management.

Grant J Mooney

Grant J Mooney

Non-Executive Director / Company Secretary

Details about Grant J Mooney were truncated in the provided context.

MJ

Mr. Jonathan Fievez BEng (Mecht)

Chief Executive Officer

MG

Mr. Grant Jonathan Mooney C.A.

Independent Non Executive Director & Company Secretary