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