Carnegie Clean Energy (ASX:CCE) completed final foundation preparation and is preparing to start the staged deployment and testing of its CETO wave energy technology at the Biscay Marine Energy Platform in Spain, according to a Tuesday filing with the Australian bourse.
The CETO Buoyant Actuator deployment will begin in October, with assembly of the power take-off modules in progress, the filing said.
Shares rose 13% in midday trade Tuesday.