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.
Recently renamed Carnegie Clean Energy has launched a $5 million capital raising to prepare itself for opportunities that may come up through its joint venture with developer Lendlease.
The growth of solar power over the next decade could cut the price of energy in WA, according to a man involved in one of the latest projects to take a step forward.
Fastbrick Robotics has topped Techboard's startup and tech company ranking this fortnight, following its win at the 2016 WA Innovator of the Year awards.
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 topped Techboard's startup ranking this fortnight, following the announcement of its acquisition of fellow cleantech Energy Made Clean (ranked second) for $13 million earlier this week.
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.
Western Australia is emerging as a market leader in the uptake of microgrid technology in electricity markets, with recent announcements by Horizon Power and Carnegie Wave Energy part of broader moves across the sector.
Carnegie Wave Energy has taken first place in Techboard's top trending startup rank this fortnight, after announcing a $2.5 million grant for a wave and solar power microgrid on Garden Island.
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.
WA is one of the world's largest producers of lithium, but a plan to diversify from mining into advanced manufacturing opportunities will be tricky to shore up.
Two former BHP Billiton and Rio Tinto engineers from the Wheatbelt officially launched a wave energy prototype in the Swan River today as part of a long-term plan to produce electricity at costs so low it will rival wind energy.
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.
The state's new peak body for renewable energy and energy efficiency, which emerged after the collapse of the Sustainable Energy Association of Australia last year, is set to establish its leadersh
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.
Scientists and engineers in Perth have begun quietly setting up a centre which could encourage more floating gas projects off Western Australia's coast and create local jobs.
Fremantle-based Carnegie Wave Energy says its $31 million Perth Wave Energy project is close to the commissioning stage after completing offshore preparations and testing its CETO technology.
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.
Fremantle-based Carnegie Wave Energy has partnered with the University of Adelaide on a $1.8 million project to research and develop control strategies for wave energy converters.
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.
Carnegie Wave Energy has unveiled plans to raise up to $6 million through a share purchase plan, with the proceeds earmarked for the further development of its wave power technology.
Carnegie Wave Energy's shares have risen after the company won the backing of Clean Energy Finance Corporation with a $20 million five-year loan that has an equity component.
