Carnegie Clean Energy seeks $5.5 million from investors as it tries to recapitalise and re-boot its wave energy technologies.
Wave
Wave Swell Energy set to test new power generator off King Island
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.
Australian wave power technology tapped to power Spanish Canary Island
WA-based Bombora Wave Power to supply 4MW of its mPower technology to help wean fourth largest of Spanish Canary Islands, Lanzarote, off diesel.
Carnegie gets to ride the wave again, as creditors vote to save company
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.
Carnegie flags reboot for wave power business, as key investors provide funding
Carnegie Clean Energy hopes to resurrect wave power business with help of key investors, while selling or winding down solar micro-grid subsidiary.
Wave power pioneer Carnegie Clean Energy enters administration
Embattled renewables developer appoints KordaMentha Restructuring to oversee voluntary administration of its business and fully owned subsidiary, Energy Made Clean.
Carnegie dealt huge blow, as WA govt pulls plug on Albany wave funding
WA government terminates $16m Albany wave project contract with Carnegie Clean Energy, citing reasons outside the company’s control.
Carnegie hit by more solar micro-grid losses, wave energy write downs
More losses at solar micro-grid business blow another hole in wave energy developer Carnegie, forcing it to take another $40m in write-downs.
Carnegie told to get finances in order for Albany Wave Energy Project
WA asks Carnegie to clarify finance position for its flagship Albany Wave Energy Project, after federal government tax changes raises questions about financing ability.
Carnegie CEO exits after 10 years following write-downs, share falls
Carnegie replaces CEO after 10 years following share price fall, project delays and losses on solar and storage micro-grid play.
