Search results for: AUD

4233 results

A list of search results

  • 25 November 2015
    Business & Finance

    Carnegie Wave Energy Limited (CWE) has completed an oversubscribed AUD 7.5 million capital raise to continue the commercialisation of its CETO technology. Carnegie announced on 3 November that it had initiated a capital raising of AUD 5 million via a Share Purchase Plan with capacity to accept oversubscriptions. In accordance with the offer documents and in […]

  • 20 April 2015
    Authorities, Business & Finance

    Australian renewable energy company, Carnegie Wave Energy, has received a AUD 1.3 million payment from the Australian Renewable Energy Agency (ARENA) for completion of the onshore power plant for the Perth Project. As previously announced on 21 January 2015, Carnegie received AUD 0.05 million for completion of the onshore plant through the WA Government’s LEED fund. […]

  • 19 November 2015
    Business & Finance, R&D, Technology

    Australian wave energy technology developer Carnegie Wave Energy Limited and Commonwealth Bank of Australia (CBA) have completed the country’s first wave energy financing deal by a commercial bank. CBA is providing a five-year, AUD 20 million loan facility as part of the financing required for the next stage of CETO technology development and commercialisation, the CETO 6 Project. […]

  • 3 January 2013

    Australia’s first 1MW wave energy converter is awaiting for the State Government’s approval, writes The Border Watch. Namely, the New South Wales based Oceanlinx is planning to deploy its wave energy device offshore Port MacDonnell. The wave energy plant will be located approximately 4 kilometres off the coastline, with a 20 square metre concrete unit […]

  • 25 July 2012
    Business & Finance, Operations & Maintenance

    Oceanlinx is searching for local contractors who will build and launch the greenWAVE concrete structure for their1MW wave energy plant. As written in an article of The Border Watch Newspaper, featured on Oceanlinx’s official website, the company’s CEO Ali Baghaei and project analyst Sean Barrett visited the region a few days ago to discuss the […]

  • 4 September 2014
    Business & Finance, R&D

      Stonehenge Metals Limited is looking to acquire funds for exploration of the existing projects in South Korea, as well for the development of Protean Wave Energy Converter (WEC) technology. The company plans to issue 300,728,672 new shares with a total value of around AUD 1.5 million (EUR 1.07 million). A month ago, Stonehenge Metals […]

  • 10 August 2018
    Business & Finance, R&D

    The Centre for Offshore Foundation Systems (COFS) at the University of Western Australia has received Federal Government funding for a research project focused on offshore wind foundations.

  • 14 December 2015
    Authorities

    Australian Federal Government will include wind power in the new investment mandate of the Clean Energy Finance Corporation (CEFC), with a special focus on offshore wind energy, the national media reported. With this move, the country’s new Prime Minister Malcolm Turnbull has made a U-turn on the energy policy of his predecessor Tony Abbott, who had banned investment in new wind […]

  • 15 July 2014
    Business & Finance

    USA company, Ocean Power Technologies (OPT), announced it is terminating its plans to develop a wave energy project in Australia, writes Bloomberg. OPT, a developer of wave energy generators, stated that the project off the coast of Victoria near the city of Portland, developed by its unit Victorian Wave Partners (VWP) is not “commercially viable.” […]

  • 25 November 2015
    Authorities

    Mauritius and Australia have signed an agreement on Assessing Wave Energy and Micro Grid in Mauritius. A study will be conducted by the Australian firm Carnegie Wave Energy Limited. To this effect, a funding proposal of about AUD 990,000 was endorsed for the project. The signatories were the Minister of Finance and Economic Development, Mr […]

  • 23 September 2015

    Stonehenge Metals Limited has entered into an exclusive option to acquire 99% of Clean Energy Maldives Pvt Ltd (CEM). The management of CEM has the approval and local support to facilitate the establishment of a commercial wave energy converter power generation and seawater desalination facility off the coast of Hanimaadhoo Island, Maldives. The wave farm […]

  • 30 June 2014
    Business & Finance

    Wave energy developer Carnegie Wave Energy Limited was award a new AUD 11m (EUR 7.6m) Australian Federal Government grant to support Carnegie’s next wave power project. The AUD 11 million grant will be received from the Australian Renewable Energy Agency’s Emerging Renewables Program. This is matched by the $20m five-year loan facility from the Clean Energy Finance Corporation […]

  • 12 June 2013
    Technology

    Oceanlinx, an international company in the field of wave energy, is preparing for the development of the Port MacDonnell wave power project this week, according to the ABC news site. The project worth AUD 7 million involves building of a 20-square metre offshore concrete unit, which will have the ability to supply electricity to 1,000 […]

  • 31 July 2014
    Business & Finance, Contracts & Tenders

    French Electricity Transmission Network (RTE) is inviting tenders for safety consultancy services. Namely, RTE is seeking a contractor to coordinate health and safety protection during the cable laying in waters off French coast. Covered by this tender are four offshore wind projects awarded during the first offshore wind round in France’s Saint-Nazaire (Loire-Atlantique), Courseulles-sur-Mer (Calvados) […]

  • 8 April 2014
    Business & Finance

    Carnegie Wave Energy Limited completed the final pipeline milestone and a progress milestone for the CETO unit component of the Perth Wave Energy Project with the approval of $1,072,880 from the Western Australian State Government and $2,095,024 in payment claims submitted to the Australian Government. Carnegie’s milestone claims for $1,072,880 for completion of two milestones were approved by the […]

  • 23 December 2014
    Business & Finance

    Oceanlinx has gone into liquidation, costing its shareholders around EUR 53 million (AUD 80 million), writes Australian news site. Namely, Australian wave energy developer went into administration earlier this year preceded by incident that affected the company financially. During the transportation of company’s prototype generator greenWAVE the buoyancy failed leaving the device stranded approximately one […]

  • 7 August 2012
    Technology

    This week, Bio Power Systems held information meetings regarding its 250 kW wave energy project. The meetings took place at Port Fairy and Yambuk, with about 50 attendees. The ABC news site quotes Dr Timothy Finnegan, the company’s chief executive, as saying: “Just wanting to be well informed and we appreciate that and we’re providing […]

  • 31 March 2014
    Authorities, Business & Finance

    Wave energy developer Carnegie Wave Energy Limited  announced the completion of the final foundation milestone and a progress milestone for the onshore plant component of the Perth Wave Energy Project with the receipt of $ 0.7 million from the Western Australian State Government and $ 1,2 million in payment claims submitted to the Australian Government. Carnegie received […]

  • 28 February 2013
    Authorities, Business & Finance

    Wave energy developer Carnegie Wave Energy Limited, announced the award of a $1.27m AusIndustry grant from the Clean Technology Innovation Program to support a CETO Seawater Desalination Demonstration Pilot Plant. The award of the funding supports the design and construction of a CETO Desalination Plant which will desalinate seawater to produce freshwater. The plant will […]

  • 2 April 2014
    Business & Finance

    Victorian Wave Partners Pty. Ltd. (“VWP”), received approximately A$5.0 million in initial grant funding from the Australian Renewable Energy Agency (“ARENA”). VWP is a project-specific entity wholly-owned by Ocean Power Technologies (Australasia) Pty. Ltd. (OPTA), which is 88% owned by OPT.  The funding received represents the first payment under the A$66.5 million grant that was […]

  • 5 June 2015
    Business & Finance

    Wave energy developer Carnegie Wave Energy Limited has received approval for $1.5 million in milestone payments from the Australian Renewable Energy Agency (ARENA) for completion and deployment of the CETO units and commissioning of the Perth Wave Energy Project (Perth Project).  Carnegie will receive milestone payments from ARENA of $1.5m for the manufacture, completion and deployment of the […]

  • 28 July 2015
    Authorities, Business & Finance, R&D

    Carnegie Wave Energy Limited will partner with the University of Western Australia (UWA) on a AUD 460,000 project part funded by an Australian Research Council (ARC) Linkage Grant to research and develop more efficient anchoring systems for wave energy converters. The project will use a multidisciplinary approach to investigate unique anchoring concepts, with the aim of developing novel […]

  • 18 November 2013
    Business & Finance, R&D, Technology

    Wave energy developer Carnegie Wave Energy Limited (CWE) has announced that it has completed a capital raise of $4 million by issuing convertible notes to provide early access to the expected R&D tax refund for the financial year ended 30 June 2014. The funds will be used to fast track the design of the CETO […]

  • 13 April 2015
    Business & Finance, R&D

    The Australian Renewable Energy Agency (ARENA) has announced up to AUD 20 million for a new research and development (R&D) round dedicated to industry-partnered projects that seek to develop and commercialise renewable energy technologies. ARENA CEO Ivor Frischknecht was joined by founder of Suntech Power Dr Zhengrong Shi to officially open the new funding round […]

  • 18 March 2013
    Business & Finance

    Wave energy developer Carnegie Wave Energy Limited announced that its Share Purchase Plan has closed oversubscribed and raised $8.5 million. Carnegie had previously announced on 8 February 2013 that it had initiated a capital raising via a Share Purchase Plan (SPP) of $6 million with capacity to accept oversubscriptions. In accordance with the offer documents […]

  • 19 March 2013
    Business & Finance, Technology

    Wave energy developer Carnegie Wave Energy Limited ( CWE) announced today that it has completed a fund raise totalling $9.5m consisting of the $8.5m Share Purchase Plan (SPP) announced yesterday plus a further $1m in funds in a private placement. The funds will be used alongside Carnegie’s Government grants to deliver the Perth Wave Energy […]