Carnegie Clean Energy (ASX:CCE) subsidiaries CETO Wave Energy Ireland and Carnegie Technologies Spain secured a contract with the Biscay Marine Energy Platform (BiMEP) for the installation and testing of CETO wave energy technology under the ACHIEVE program, according to a Friday filing with the Australian bourse.
The contract, valued at around 600,000 euros, outlines the installation, operation, and decommissioning of CETO at the BiMEP site in Spain over two years, the filing said.
Carnegie Clean Energy shares were down 3% in afternoon trade Friday.
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