Carnegie Clean Energy

Fremantle, Australia Founded: 1987 • Age: 39 yrs
CETO wave energy converters and solar PV systems are provided.
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About Carnegie Clean Energy

Carnegie Clean Energy is a company based in Fremantle (Australia) founded in 1987.. Carnegie Clean Energy has completed 1 acquisition, including Energy Made Clean. Carnegie Clean Energy offers products and services including CETO Wave Technology, MoorPower, and Reinforcement Learning Controller. Carnegie Clean Energy operates in a competitive market with competitors including Ocean Power Technologies, Marine Power Systems, CorPower Ocean, Floating Power Plant and Schottel Hydro, among others.

  • Headquarter Fremantle, Australia
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Carnegie Clean Energy Limited
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $209.7 K (USD)
    -8.52
    as on Jun 30, 2025
  • Net Profit
    $-1.54 M (USD)
    -0.32
    as on Jun 30, 2025
  • EBITDA
    $-977.93 K (USD)
    29.03
    as on Jun 30, 2025
  • Latest Funding Round
    $2.3 M (USD), Grant

    Mar 11, 2024

  • Investors
    CommBank

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of Carnegie Clean Energy

Carnegie Clean Energy is a publicly listed company on the ASX with ticker symbol CCE in Australia, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: CCE . Sector: Producer manufacturing · Australia

Products & Services of Carnegie Clean Energy

Carnegie Clean Energy offers a comprehensive portfolio of products and services, including CETO Wave Technology, MoorPower, and Reinforcement Learning Controller. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Captures ocean wave energy and converts it to electricity using AI controls.

Provides scalable wave energy solutions for microgrids and remote areas.

Optimizes wave energy devices for efficient power output.

People of Carnegie Clean Energy
Headcount 50-200
Employee Profiles 9
Employee Profiles
People
Brighid Jay
Chief Commercial Officer
People
Jonathan Fievez
Chief Executive Officer
People
Alexandre Pichard
Chief Technology Officer
People
Hamza Jalal
Mechanical Engineer

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Funding Insights of Carnegie Clean Energy

  • Total Funding
  • Total Rounds 17
  • Last Round Grant — $2.3M
  • First Round

    (19 Mar 2013)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Grant - Carnegie Clean Energy Valuation

investors

Sep, 2019 Amount Post-IPO - Carnegie Clean Energy Valuation

investors

Aug, 2019 Amount Post-IPO - Carnegie Clean Energy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Carnegie Clean Energy

Carnegie Clean Energy has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include CommBank, European Union and Energiaren Euskal Erakundea. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Cleantech sector funding is provided via venture capital investments.
Founded Year Domain Location
Solutions in energy, aviation, and technology sectors are offered.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Carnegie Clean Energy

Carnegie Clean Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Energy Made Clean. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar-based clean energy solutions are developed for commercial applications.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Carnegie Clean Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Carnegie Clean Energy Comparisons

Employees
+
Add Comparison
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Competitors of Carnegie Clean Energy

Carnegie Clean Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ocean Power Technologies, Marine Power Systems, CorPower Ocean, Floating Power Plant and Schottel Hydro, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Ocean energy technologies are provided for intelligent maritime solutions.
domain founded_year HQ Location
Modular technology for deep-water offshore wind deployment is engineered.
domain founded_year HQ Location
Wave energy converter solutions provider
domain founded_year HQ Location
Floating wind and wave energy systems are developed and deployed.
domain founded_year HQ Location
Hydrokinetic turbines and semi-submerged platforms are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Carnegie Clean Energy

Frequently Asked Questions about Carnegie Clean Energy

When was Carnegie Clean Energy founded?

Carnegie Clean Energy was founded in 1987 and raised its 1st funding round 26 years after it was founded.

Where is Carnegie Clean Energy located?

Carnegie Clean Energy is headquartered in Fremantle, Australia. It is registered at Fremantle, Western Australia, Australia.

What is the annual revenue of Carnegie Clean Energy?

Annual revenue of Carnegie Clean Energy is $209.7K as on Jun 30, 2025.

What does Carnegie Clean Energy do?

Carnegie Clean Energy was founded in 1987 in Fremantle, Australia, within the renewable energy sector. Ownership of the proprietary CETO Wave Energy Converter is held for wave power generation. Engineering, procurement, and construction services, along with maintenance, are delivered for solar PV, wind, and solar battery storage systems integrated into microgrids. Operations focus on clean energy technologies across Australia.

Who are the top competitors of Carnegie Clean Energy?

Carnegie Clean Energy's top competitors include Marine Power Systems, CorPower Ocean and Ocean Power Technologies.

What products or services does Carnegie Clean Energy offer?

Carnegie Clean Energy offers CETO Wave Technology, MoorPower, and Reinforcement Learning Controller.

Is Carnegie Clean Energy publicly traded?

Yes, Carnegie Clean Energy is publicly traded on ASX under the ticker symbol CCE.

How many acquisitions has Carnegie Clean Energy made?

Carnegie Clean Energy has made 1 acquisition, including Energy Made Clean.

Who are Carnegie Clean Energy's investors?

Carnegie Clean Energy has 10 investors. Key investors include CommBank, European Union, Energiaren Euskal Erakundea, Government of Australia, and Government of Mauritius.

What is Carnegie Clean Energy's ticker symbol?

The ticker symbol of Carnegie Clean Energy is CCE on ASX.

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