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Carnegie raising oversubscribed

Wednesday, 23 April, 2014 - 11:23

Carnegie Wave Energy has completed an oversubscribed $9 million capital raising as it continues development of its CETO 6 wave power technology.

EY names award finalists

Monday, 19 May, 2014 - 16:01

Seventeen Western Australian business people have been nominated as finalists in the 2014 round of the EY Entrepreneur Of The Year award.

Fremantle-based firm Carnegie Wave Energy has been awarded an $11 million federal government grant to support its next CETO power wave project.

Countering the capital challenge

Wednesday, 23 July, 2014 - 14:03

In the third part of our series featuring EY Entrepreneur of the Year nominees, Business News talks to three chief executives in the technology sector.

Ottaviano, Beament win EY awards

Friday, 22 August, 2014 - 10:10

Carnegie Wave Energy chief executive officer Michael Ottaviano and Northern Star Resources boss Bill Beament were among the winners of the EY Entrepreneur of the Year western region awards.

Carnegie deploys CETO unit off Garden Island

Tuesday, 25 November, 2014 - 15:23

Fremantle-based Carnegie Wave Energy has celebrated the installation of its first CETO 5 wave technology unit off Garden Island, marking the start of its $30 million wave energy project.

Wave energy plant turns on at Garden Island

Wednesday, 18 February, 2015 - 14:38

Carnegie Wave Energy has switched on its innovative CETO power plant, which will provide renewable electricity to the HMAS Stirling naval base on Garden Island.

A wearable technology company founded by Perth entrepreneur Justin Miller and an Israeli medical cannabis company are the latest businesses planning to join the rush of backdoor listings on the ASX, though the news is not all positive with Voyager Global Group becoming the seventh company forced to cancel an announced deal in the past 18 months.

Riding a wave of clean energy

Monday, 29 June, 2015 - 17:05

WA has become a leader in wave energy, but commercial realities loom as a major constraint to rolling out the technology to the national electricity market.

Scotland invests in WA's Carnegie

Monday, 3 August, 2015 - 13:58

Carnegie Wave Energy's international growth has been boosted after the Scottish government awarded the Perth-based company a $4.3 million grant to develop a wave energy power conversion system.

Wave players’ swell connection

Monday, 21 September, 2015 - 11:18

WA’s natural wave resources have made it home to three energy companies that have taken a collegial approach to developing the new technology.

Wave tech firms to raise $7.5m

Monday, 2 November, 2015 - 14:26

Wave technology companies Stonehenge Metals and Carnegie Wave Energy have released details of their plans to raise up to a combined $7.5 million.

Nuheara jumps on relisting

Wednesday, 2 March, 2016 - 13:14

Perth-based wearable technology company Nuheara has enjoyed a bright start to trading on the ASX, with investors in its $3.5 million capital raising sitting on big gains today.

Carnegie buys stake in EMC

Tuesday, 22 March, 2016 - 10:02

North Fremantle-based Carnegie Wave Energy has acquired a 35 per cent stake in solar power and lithium battery storage provider Energy Made Clean through a $4.5 million investment.

Carnegie in Garden Island microgrid grant

Wednesday, 28 September, 2016 - 15:44

Perth-based renewable energy technology developer Carnegie Wave Energy has won a $2.5 million grant from the Australian Renewable Energy Agency for a wave and solar power microgrid it aims to develop on Garden Island.

Carnegie pays $13m for EMC

Wednesday, 26 October, 2016 - 12:44

Carnegie Wave Energy has wholly acquired solar power and lithium battery storage provider Energy Made Clean by purchasing the 65 per cent stake it didn’t already own.

Carnegie waves goodbye to old name

Tuesday, 1 November, 2016 - 11:01

North Fremantle-based Carnegie Wave Energy plans to change its name to Carnegie Clean Energy after its $13 million acquisition of solar and battery microgrid developer Energy Made Clean.

Labor picks Carnegie for Albany energy deal

Thursday, 23 February, 2017 - 13:29

WA Labor has promised the state’s sixth-largest town, Albany, would become fully powered by renewable energy – if elected – under a $19.5 million funding commitment with Carnegie Clean Energy.

Shares in Carnegie Clean Energy jumped 23 per cent today, with the company likely to receive financial support for an Albany wave project from the newly elected state government, while environmental activists are already putting pressure on uranium miners.

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Australian Vanadium has joined fellow Perth company Carnegie Clean Energy in hoping to help solve South Australia’s energy crisis, today committing to tender to build a battery storage facility in that state.

Carnegie to build $20m solar power station

Monday, 20 March, 2017 - 10:38

Renewable-focused Carnegie Clean Energy has announced it is developing a $20 million, 10-megawatt solar power station in Northam, which it says will generate enough electricity to power 4,000 homes for 25 years.

Carnegie raises funds for solar power project

Wednesday, 22 March, 2017 - 11:44

Carnegie Clean Energy has announced plans to raise up to $6 million to fund its share of the development costs of the $20 million Northam solar power project.

Influence radiates from centre of power

Monday, 27 March, 2017 - 14:09

SPECIAL REPORT: A small group of ministers and backroom advisers close to Mark McGowan will set the agenda for the new state government.

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Carnegie raising grows to $18m

Thursday, 20 April, 2017 - 11:00

Carnegie Clean Energy has tripled the size of its capital raising to $18 million after accepting oversubscriptions from a share purchase plan and undertaking an additional placement.

Tesla trumps Carnegie in SA

Friday, 7 July, 2017 - 12:54

The South Australian government has awarded Elon Musk’s Tesla the contract to build the world's largest lithium ion battery to supply the state with renewable energy, outbidding local company Carnegie Clean Energy.

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Carnegie weighs wave options

Tuesday, 1 August, 2017 - 16:05

ASX-listed Carnegie Clean Energy is evaluating three sites for the initial deployment of its CETO 6 wave power technology, including Albany and Cornwall, after it was confirmed today its Garden Island microgrid project will initially not include wave power.

People Moves August 18, 2017

Friday, 18 August, 2017 - 12:06

ScreenWest has appointed its inaugural board as an independent not-for-profit organisation, having now completed its transition from a government agency.

$31m for Albany wave farm

Friday, 6 October, 2017 - 15:13

Carnegie Clean Energy has secured $16 million of state government funding for a wave energy project at Albany while also gaining conditional approval from the federal government to transfer nearly $12 million earmarked for its Garden Island project to Albany.

Carnegie recruits Stinson as chairman

Thursday, 12 October, 2017 - 11:56

Former Orbital Corporation boss Terry Stinson will join the board of Carnegie Wave Energy next month and succeed Jeff Harding as chairman, while Mark Woodall will also join the board of the renewables company.

Wave energy a step closer

Tuesday, 7 November, 2017 - 12:36

The first stage of Carnegie Clean Energy’s wave energy farm off the coast of Albany is under way, with the installation of a wave data buoy last week.

Carnegie JV in Kalbarri microgrid win

Thursday, 8 February, 2018 - 11:42

A joint venture between a subsidiary of Carnegie Clean Energy and contractor Lendlease has won $6.8 million of work to install and operate a renewable powered microgrid in the Mid West town of Kalbarri.

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Carnegie JV in $7m solar win

Wednesday, 14 February, 2018 - 10:38

Carnegie Clean Energy’s joint venture with contractor Lendlease has won its second contract in a week, with the partnership to design, construct and operate a $7 million solar project in NSW.

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SPECIAL REPORT: The rollout of next generation energy infrastructure such as batteries and microgrids is kicking off in WA, adding to the opportunities available for contractors in this space.

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Carnegie sells EMC in merger deal

Thursday, 28 June, 2018 - 14:39

Carnegie Clean Energy has agreed to sell its battery storage and microgrid business to ASX-listed Tag Pacific as part of an all-scrip merger deal.

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Board Moves July 4, 2018

Thursday, 5 July, 2018 - 11:55

Leonard Math has resigned as company secretary and chief financial officer of Gulf Manganese Corporation. Mr  Math has extensive experience in public company responsibilities including extensive liaison with ASX and ASIC. The company has appointed Ian Gregory as company secretary.

Bombora secures $19m EU funding

Wednesday, 26 September, 2018 - 15:39

Perth-founded Bombora Wave Power has secured an $18.7 million grant from the European Regional Development Fund, days after Carnegie Clean Energy announced funding delays for its wave energy project in Albany.

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Carnegie CEO departs, asset sales to be renegotiated

Friday, 28 September, 2018 - 16:23

Carnegie Clean Energy’s long-serving managing director Michael Ottaviano has resigned, with the company also announcing major updates on three projects and plans to renegotiate its asset sale deal with Tag Pacific.

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Board Moves September 28, 2018

Friday, 28 September, 2018 - 16:32

Ian Hobson has been appointed company secretary of White Cliff Minerals. Mr  Hobson is a fellow chartered accountant and chartered secretary with more than 30 years of professional accounting experience, including commercial experience in Australia, UK and Canada.

Carnegie cuts new Tag deal

Wednesday, 24 October, 2018 - 14:23

Carnegie Clean Energy will take a reduced stake in ASX-listed Tag Pacific in exchange for the Perth company’s battery storage and microgrid business, after the parties agreed to remove a $2.2 million cash component from their original deal.

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EMC deal falls through for Carnegie

Friday, 30 November, 2018 - 13:40

Carnegie Clean Energy has been forced to abandon plans to sell its battery storage and microgrid business, while chairman Terry Stinson has detailed the renewable energy outfit’s recent struggles in an address at today’s annual meeting.

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Carnegie raising oversubscribed

EY names award finalists

Carnegie wave project collects $11m govt grant

Countering the capital challenge

Ottaviano, Beament win EY awards

Carnegie deploys CETO unit off Garden Island

Wave energy plant turns on at Garden Island

Two junior miners join backdoor listings wave

Riding a wave of clean energy

Scotland invests in WA's Carnegie

Wave players’ swell connection

Wave tech firms to raise $7.5m

Nuheara jumps on relisting

Carnegie buys stake in EMC

Carnegie in Garden Island microgrid grant

Carnegie pays $13m for EMC

Carnegie waves goodbye to old name

Labor picks Carnegie for Albany energy deal

Post-election wave for some businesses, rainy day for others

WA players set to battle Elon Musk for SA battery project

Carnegie to build $20m solar power station

Carnegie raises funds for solar power project

Influence radiates from centre of power

Carnegie raising grows to $18m

Tesla trumps Carnegie in SA

Carnegie weighs wave options

People Moves August 18, 2017

$31m for Albany wave farm

Carnegie recruits Stinson as chairman

Wave energy a step closer

Carnegie JV in Kalbarri microgrid win

Carnegie JV in $7m solar win

Contractors switch on for next generation of power

Carnegie sells EMC in merger deal

Board Moves July 4, 2018

Bombora secures $19m EU funding

Carnegie CEO departs, asset sales to be renegotiated

Board Moves September 28, 2018

Carnegie cuts new Tag deal

EMC deal falls through for Carnegie

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