Search results for: Australian

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21 February 2019 Authorities, Wind Farm Update

Development of Australia’s first offshore wind farm, the 2GW Star of the South, has been stalled by Energy Minister Angus Taylor’s failure to sign off on an exploration license allowing a detailed assessment of the wind resource to commence, according to the Maritime Union of Australia (MUA). The Department of the Environment and Energy confirmed […]

4 September 2018 Authorities, Business & Finance

Friends of the Earth Australia is calling on Energy Minister Angus Taylor to support the country’s first offshore wind project, the proposed Star of the South in Victoria, as it has been detained by the federal Coalition government.

12 June 2018 R&D

The Centre for Offshore Foundations Systems (COFS) at the University of Western Australia has completed several series of tests on suction buckets, said to have shown the potential for further cost savings for the foundation concept.

30 November 2017 Business & Finance, Wind Farm Update

Australia’s Offshore Energy and Copenhagen Infrastructure Partners (CIP), on behalf of the fund Copenhagen Infrastructure III K/S (CI III), have entered into a partnership regarding the continued development of Australia’s first offshore wind farm, the Star of the South.

11 August 2016 Authorities, Business & Finance

The Australian Energy Market Operator’s (AEMO) today released a 2016 Electricity Statement of Opportunities (ESOO) report, which highlights the importance of a long-term strategic plan to ensure a low-cost and reliable energy system in the future. The 2016 ESOO provides National Electricity Market (NEM) participants, investors, and policy-makers with a projected 10-year outlook to 2025-26 of […]

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 2015 Business & Finance

Australian Clean Energy Finance Corporation (CEFC) committed new investments of close to A$500m in the past 12 months, taking its total commitments to invest over the two years since inception to more than A$1.4 billion. These projects and programs have catalysed a further A$2.2 billion in other investment. During its second full year of operation, the […]

9 March 2015 Technology

The steel structures that make up the bioWAVE 250kW pilot unit have been fabricated and are currently undergoing machining, painting, and assembly. The complete bioWAVE, with integrated O-Drive, will undergo onshore tests and commissioning in the coming months, before being transported to the ocean site near Port Fairy in Victoria, Australia, for deployment. The 250kW bioWAVE pilot […]

26 February 2015 Authorities, R&D

The King and Queen of Norway embarked on their first official visit to Australia on Monday, 23rd February, in Canberra. On Friday, 27th February, the last day of the visit, Their Majesties will be present at a mini-seminar in Perth, Western Australia, devoted to maritime and offshore related research and business. The royal visit from Norway […]

20 February 2015 Business & Finance, Technology

Carnegie Wave Energy Limited (CWE) has reached financial close on the Clean Energy Finance Corporation’s (CEFC) five-year, $20 million loan facility which will partly fund the CETO 6 Project off Garden Island, Western Australia. The CEFC facility will be used to part fund the construction of the project and will reduce the amount of equity Carnegie would otherwise […]

18 August 2014 Technology

Wave energy developer Carnegie Wave Energy Limited (CWE) has been selected as a finalist in the Australian Technologies Competition.  Carnegie announced in May 2014 that it had been selected as a semi-finalist from 228 entries. It has now been informed that it has been selected as one of 3 finalists in the Energy Technologies Award […]

8 August 2014 Business & Finance, R&D, Technology

Australian Renewable Energy Agency (ARENA) has announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms. The wave energy industry is emerging world-wide and there are few multiple device installations operating today. Predicting the best way to arrange future projects will help to better understand how different technologies […]

6 May 2014

Atlantis Resources Limited, the AIM-listed vertically integrated turbine supplier and project owner in the tidal power industry, and JSC Lenhydroproject (a 100%-owned subsidiary of RusHydro) have signed a Memorandum of Understanding about cooperation on prospective tidal power projects in Australia. Under the Memorandum the parties will identify prospective tidal power projects in Western Australia for […]

14 January 2014 Authorities, Business & Finance, Technology

Ocean Power Technologies, Inc. (OPT), today announced that Victorian Wave Partners Pty Ltd (VWP), its project-specific operating entity wholly-owned by Ocean Power Technologies, Australasia (OPTA), has signed an agreement with the Australian Renewable Energy Agency (ARENA). This agreement is a Deed of Variation to the original Funding Deed through which a A$66.5 million grant was […]

28 November 2013 Business & Finance

Wave energy developer Carnegie Wave Energy Limited announced the receipt of $748,849 from the Australian Government for progress on the desalination plant, foundations, onshore power plant and pipelines of the Perth Wave Energy Project; with an additional $451,480 received from the Western Australian State Government. Carnegie received $470,159 for completion of three milestones from the […]

26 July 2013 Authorities, Business & Finance

Wave energy developer Carnegie Wave Energy Limited announced the receipt of $852,511 from the Australian Government for the completion of Milestone 2 of the Perth Wave Energy Project. Milestone 2 involved the completion of the detailed design and approvals for the Perth Wave Energy Project. This is the second milestone payment to be received from […]

18 June 2013

Wave energy developer Carnegie Wave Energy Limited announced that it has formally taken over control of the onshore development site at HMAS Stirling on Garden Island, following site handover from the Australian Department of Defence. On Friday 14 June 2013, the onshore site for the Perth Wave Energy Project, located at Garden Island, HMAS Stirling, […]

11 February 2013 Authorities

Wave energy developer Carnegie Wave Energy Limited, advised that on Friday 8 February 2013 it received offshore planning approval from the Western Australian Government. Carnegie submitted a planning application for the marine elements of the Perth Wave Energy Project (PWEP) in December 2012. This followed finalisation of project detailed design and securing of environmental, maritime […]

6 February 2013 Authorities, Business & Finance, Technology

Wave energy developer Carnegie Wave Energy Limited (CWE) announces the receipt of $669,700 from the Western Australian Government for the completion of Milestone 2 of the Perth Wave Energy Project. Milestone 2 involved the completion of the detailed design of the Perth Project which was announced in Carnegie’s most recent quarterly activities report. The submission […]

4 December 2012

Western Australian shipbuilder Strategic Marine has launched the first of eight offshore wind farm crew transfer and support vessels it has been contracted to deliver into the European market. The 21 metre multipurpose vessel was built at the company’s recently expanded Singapore shipyard for Madliena Shipping (Jersey) Ltd and will be managed by Njord Offshore […]

2 October 2012 Authorities, Business & Finance

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) announces that the first milestone payment under its Federal Government grant for its Perth Wave Energy Project has been approved. The payment of $248,561 plus GST is expected to be received by Carnegie in the coming days after approval from the Australian Renewable Energy Agency (ARENA). […]

16 July 2012 Authorities, Business & Finance

The Federal Minister for Resources and Energy, Martin Ferguson AM MP, announced a $5.6 million grant for BioPower Systems’ $15 million bioWAVE Pilot Demonstration Project off the coast of Victoria. These funds add to the $5 million recently awarded to the project by the Victorian Government, confirming all funds required to complete the project are now […]

4 July 2012 Authorities, Technology

Oceanlinx announces that the Australian Government has awarded funding of $3,970,450 from the Emerging Renewables Program for a $7,242,550 project, “Oceanlinx 1MW Commercial Wave Energy Demonstrator”. The project cost includes one year of operations post the grid connection. The unit with a foot print of 20m by 20m will be the most cost effective and […]

2 July 2012

Wave energy developer Carnegie Wave  Energy Limited (CWE) welcomes the commencement of the Australian Carbon Pricing Mechanism which forms part of the Australian Government’s Clean Energy Future package.  The Australian Carbon Pricing mechanism has introduced a price on carbon for the largest carbon emitters in Australia. As of July 1st, these entities are required to […]

1 May 2012 Authorities

Wave energy developer Carnegie Wave Energy Limited announces the award of a $9.9m Federal Government grant from the Australian Government’s Emerging Renewables Program (ERP) to support Carnegie’s world leading, grid-connected wave energy project. The Minister for Resources and Energy, Martin Ferguson AM MP, announced the grant today at Carnegie’s Wave Energy Research Facility inWestern Australia. […]

26 October 2011

Wave energy developer Carnegie Wave Energy Limited hosted the Hon Greg Combet AM MP, Federal Minister for Climate Change and Energy Efficiency and Melissa Parke MP, at its private wave energy research facility in Fremantle today. Carnegie’s Managing Director and CEO Dr Michael Ottaviano provided Minister Combet with a briefing on the CETO technology and […]