Exchange: OTC·Updated 01:04 PM EDT

CWGYF Carnegie Clean Energy Limited

$0.131
$0.0088
(6.29%)
Today
Mkt Cap$55.98M
Vol12,260.00

About CWGYF

Carnegie Clean Energy Ltd. engages in the development and ownership of the patented CETO wave energy technology. Its projects include Achieve Programme, MoorePower Scaled Demonstrator, Garden Island Microgrid, Microsoft AI for Earth Project, CETO Next Generation, and CETO 5-Perth, and Mauritian Wave and Microgrid. The company was founded on May 21, 1987 and is headquartered in North Fremantle, Australia.
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Neutral Sentiment

How do you feel about CWGYF?

Jasper2017
$CWGYF October coming up for Carnegie Energy and $HPE project final assembly of the coast of Spain. Then testing in US, things are happening 🌊🌊✅️ $MSFT
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FroNOBaggins
$CWGYF is no longer just developing CETO in a lab. It is moving toward open-ocean deployment with more than €7M in in external funding behind the program. CETO earned the #1 ranking in EuropeWave’s competitive Phase 3 selection, from a field that began with 30+ technologies. Carnegie has a two-year BiMEP test agreement, a proposed 6MW follow-on array, and 90+ patents/pending protecting its technology. The EU-funded €4M COIN project is using CETO as its reference device while targeting a 30% reduction in wave-energy levelized cost of energy (LCOE). Carnegie is also gaining U.S. exposure through DOE TEAMER support. This remains a high-risk pre-commercial company. But if ACHIEVE validates sustained perfromance in natural setting, Carnegie could quickly move from technology development into commercial projects
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Mom1234
$CWGYF 📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢📢It is the right time to sell because the price is expected to fall again soon. If you don't sell now, you are taking on the risk yourself. Companies that are insolvent have no financial resources. Their only way to get money is to buy sharessell, and they will do it again. Every year the debts increase, there is no capital, and the balance sheet remains permanently negative. It will probably take at least five years for the situation to improve.
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Jasper2017
$CWGYF AI biggest bottleneck is power, Carnegie Energy can help to solve the issue with its partner $HPE $NBIS $CRWV
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huffdogg2028
$CWGYF why didn’t I just put all my money here from the start? Lone Green on a red day. Love it.
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Jasper2017
$CWGYF ok, time to turn this around today after all these good news and finish in green! 🌊💲🌊💲 Let's go Carnegie and its partners $HPE and $MSFT - the future is very bright with EU and US testing this breakthrough tech! #wavetech #ai #waveenergy #datacenters
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Infinity08
$CWGYF I would expect to see some new watchers here very soon. October had me excited, but the news of Carnegie officially coming to the States could be quite special for those of us that have been here the last few years. What a surprise.
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aliceable
$CWGYF I think this is a big deal. The PacWave project has long been an important pathway to operations in the US. It is funded and seems well organized. Carnegie's taking a move into the US is essential for this tech.
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Mom1234
$CWGYF ​Financial Losses and Cash Flow Problems (Chronic Deficits) ​Negative operating results: The company has been in the red for years. Recent reports also reflect a negative EBITDA (in the range of approx. -1.8 million AUD) and a heavily negative EBITDA margin. ​Reliance on capital increases: Because commercial revenues from the core product (CETO wave technology) were absent or only trickled in for a long time, the company had to finance itself regularly through capital increases (share placements) and placements of new shares (e.g., a placement of approx. 2.5 million AUD in July 2026). ​Shareholder Dilution ​Due to the regular issuance of new shares to raise fresh capital, existing shareholders have been massively diluted. ​Recurring "cleansing notices" and the issuance of unquoted securities or share packages have led to a sharp increase in the number of outstanding shares, which has suppressed the value of individual shares in the long term.
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BayouSammy
$CWGYF 📢📢📢📢📢📢📢 I love this company, what they represent and the way they are deliberately executing the plan 📢📢📢📢📢📢📢📢📢📢📢
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BayouSammy
$CWGYF anyone interested in starting/joining a Carnegie discord? I’ve got a sizeable investment here, and with news we’re hopefully going to get soon, thought it might be helpful for some more in depth discussions
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Sir_Plus_CONtent
$CWGYF correct me if I'm wrong if this technology were to be implemented on the coast of the United States to combat alternative power grids, would Iran have any effect over this with their current projected attempts to disrupt our current power grid???? my assumption is no, and if that's correct this can make this company a lot more valuable a lot more sooner than expected.💪
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FroNOBaggins
$CWGYF Why would Mom share blatant faleshoods on a board? Ignorance? Deceit? Carnegie is not insolvent. Its directors explicitly stated on August 27 that they had reasonable grounds to believe the company could pay its debts when they became due. CWGYF does have financial resources. At June 30 it reported approximately A$996,000 in cash and A$23.1 million in total assets. Since then, it has also raised A$2.5 million in equity and increased its available loan facility. Selling shares is not Carnegie's “only way to get money.” Carnegie has obtained funding from multiple sources (government grants, European program funding, loans, project revenue, etc). Its CETO development at BiMEP is supported by millions of euros in external funding. Carnegie's debts have not simply increased every year. Total liabilities actually declined from approximately A$5.38 million at June 2025 to A$4.25 million at June 2026.
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Mom1234
$CWGYF Technological and Operational Delays Long Development Cycle: The commercialization of marine and wave energy (CETO technology) is extremely capital-intensive and technologically risky. Over the period from 2019 to 2026, schedules for testing, upgrades, and deployments (such as the ACHIEVE program or deployments in Spain and the USA) were postponed multiple times or required lengthy approval processes. High Project Risks: Technical setbacks in the harsh marine climate can jeopardize the entire investment base of such a niche company. 5. Insider Selling Even during phases when positive project announcements temporarily drove the share price (such as mid-2026), notable stock sales by internal decision-makers and executives occurred (e.g., sales by Independent Non-Executive Chairman Anthony Shields), which often caused skepticism among retail investors.
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