Carnegie says it’s “back from the brink” and ready get to work delivering a commercially successful large-scale CETO wave power plant in 3-5 years.
Carnegie relies on third party investors to help reach minimum fund raising target for the re-capitalisation of its wave energy business.
As Australia’s installed wind capacity rises, wind farms generating more than brown coal plants will happen reasonably often. And this dynamic is only heading in one direction.
Australian Renewable Energy Agency will tip $4 million into a $12.3 million trial of Australian made wave energy technology off the coast of King Island, Tasmania.
W.A. Garden Island Microgrid – a cornerstone project for wave power developer Carnegie Clean Energy – officially powers up, supplying solar and storage for Australia’s largest naval base.
Carnegie Clean Energy launches $5.5m share offer, in first step to resuming trade on ASX, and commercialising its CETO wave power technology.
Carnegie Clean Energy seeks $5.5 million from investors as it tries to recapitalise and re-boot its wave energy technologies.
Wave energy demonstration plant to be trialled off King Island, Tasmania, where it will be integrated with existing wind, diesel and solar resources – a first in Australia.
WA-based Bombora Wave Power to supply 4MW of its mPower technology to help wean fourth largest of Spanish Canary Islands, Lanzarote, off diesel.
Creditors of embattled wave power company Carnegie Clean Energy vote unanimously to accept restructuring plan to save the company and re-list it on the ASX.