The planned transaction will create an ASX-listed engineering, procurement and construction (EPC) and build, own, operate (BOO) business active in the off-grid and fringe-of-grid solar, battery and microgrid markets. This enlarged entity, which will take the name of Tag's unit MPower. The new entity is expected to begin operations on July 1, 2018.
Carnegie intends to focus on commercialization of its CETO wave energy technology while maintaining ownership of the Garden Island Microgrid and its current 50 pct stake in the 10-MW Northam solar farm.
(Source: Carnegie Clean Energy , Various Media, June, 2018) Contact: Carnegie Clean Energy, Michael Ottaviano, CEO, www.carnegiece.com;
Tag Pacific Ltd., www.tagpac.com
More Low-Carbon Energy News MPower, Carnegie Clean Energy, Wave Energy, Wave Power ,
Northern Territory's state-owned power company Territory Generation announced the call for the Darwin - Katherine Alternative Energy Storage System Project earlier in January. It will be accepting proposals for different configurations with at least 30 minutes of storage in the third quarter of 2018.
The respondents include
Tesla Inc., Alstom Grid Australia, Infigen Energy, Mitsui & Co Australia, Carnegie Clean Energy, Energy Made Clean and other Australian and foreign firms. (Source: ABC Australia, Various Media, Jan., 2018)