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Carnegie Refocusing on Wave Energy (Int'l., Ind. Report)
Carnegie Clean Energy
Date: 2018-06-29
June 28 (Renewables Now) - In the Land Down Under, renewable energy specialist Carnegie Clean Energy Ltd reports it will sell its solar and microgrid business, Energy Made Clean (EMC), to Sydney-based investment house Tag Pacific Ltd for a 32 pct stake in the purchaser.

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 ,  


Aussie Energy Storage Tender Attracts 19 Expressions of Interest (Int'l)

Date: 2018-01-29
In the Land Down Under, 19 companies have reportedly responded with proposals to a 25 MW -- 45 MW battery energy storage system request for expressions of interest (EoI) in Northern Australia.

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)

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