SKF announces a partnership with wave energy technology development company Carnegie Clean Energy Limited to deliver Carnegie’s CETO’s Power Take-Off (PTO) system. CETO is a unique, fully submerged, point absorber type wave energy technology where a submerged buoy sits a few metres below the surface of the ocean and moves with the ocean’s waves. This motion drives a PTO system that converts it into electricity. As a first step towards a long-term technical partnership on the commercialisation