Search results for: CWE

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  • 16 November 2015

    Wave energy developer Carnegie Wave Energy Limited (CWE) has been recognised as Innovator of the Year by the Banksia Foundation in its annual Sustainability Awards ceremony in Sydney on Friday night. Carnegie was recognised as a national leader in the innovation and sustainability sectors for its Perth Wave Energy Project. Carnegie’s Chief Financial Officer, Mr Aidan […]

  • 23 October 2015
    Technology

    Carnegie Wave Energy Limited (CWE) has announced that the world’s first wave energy powered seawater reverse osmosis desalination plant is fully integrated and operational. Carnegie’s desalination pilot plant on Garden Island (co-located with the Perth Wave Energy Project) was commissioned off the electricity grid earlier this year, and is now fully integrated with the CETO wave energy power plant, meaning […]

  • 16 October 2015

    Wave energy developer Carnegie Wave Energy Limited (CWE) has completed the conceptual design phase of its CETO 6 Project at Garden Island. The CETO 6 concept design is the culmination of work commenced in 2012 and incorporates lessons learnt from the Perth Wave Energy Project, recent wave tank testing in Scotland, internal design and modelling studies […]

  • 3 August 2015
    Business & Finance, R&D, Technology

    Wave Energy Scotland (WES) has announced the list of successful contract awards following its first international, competitive open call. The first call focused on innovative Power Take-Off systems for wave energy devices. Over £7m has been awarded to 16 technology developers and consortia, from countries including UK, USA, Italy and Sweden, all looking for investment […]

  • 15 July 2015
    Technology

    Carnegie Wave Energy (CWE) was presented with the Clean Energy Council Innovation Award for its CETO technology. The winners of the Clean Energy Council Industry Awards were announced on July 15 at the Australian Clean Energy Summit Gala Dinner in Sydney, Australia. Clean Energy Council Chief Executive Kane Thornton said innovative new renewable energy projects continued […]

  • 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 […]

  • 10 July 2015
    Technology

    Australian wave energy developer Carnegie Wave Energy Limited (CWE) has been selected as a finalist in the Clean Energy Council’s (CEC) Industry Awards. Carnegie was selected as a finalist in the Innovation category by the CEC, and was highlighted as a pioneer of the Australian wave energy industry for its Perth Wave Energy Project. The […]

  • 15 April 2015
    Business & Finance

    Carnegie Wave Energy Limited (CWE) has signed a Collaboration Agreement with Fundación Chile (FCH) to assess the potential for commercial wave energy plants capable of producing electrical power and desalinated water in Chile and Peru. Additionally, Carnegie is now a partner with Fundación Chile in the Valparaiso Regional Government’s Innovation Fund of Competiveness (FIC), aimed at […]

  • 26 March 2015
    Business & Finance, Technology

    Carnegie has agreed terms to act as the as exclusive agent for MAK Water’s products throughout the South American market. Carnegie has been active in desalination development for some years having first produced zero-emission desalinated water from earlier CETO prototypes and now from its desalination plant on Garden Island. The desalination plant is currently running […]

  • 26 March 2015
    Business & Finance, R&D

    Wave energy developer Carnegie Wave Energy Limited (CWE) has provided an update to its activities in South America. Carnegie has been investigating opportunities in South America generally and Chile specifically in the past years through its local 100% owned subsidiary, CWE Chile. According to the company, Chile is one of South America’s fastest growing and strongest […]

  • 12 March 2015

    Carnegie Wave Energy Limited’s (CWE) third and final CETO 5 wave energy unit has been successfully installed and is operating at its Perth Wave Energy Project site off Garden Island, Western Australia. The third CETO 5 unit was installed successfully at the project site last Saturday and has since been operating alongside the two other […]

  • 27 February 2015
    Technology

    A desalination plant on Garden Island in Western Austratia has been successfully commissioned off electricity and is now supplying freshwater to the Department of Defence, Carnegie Wave Energy Limited (CWE) informed today. The Desalination Pilot Plant has been commissioned off electricity in advance of its connection to the CETO system, where it will be powered […]

  • 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 […]

  • 27 January 2015
    Technology

    The second of Carnegie Wave Energy’s (CWE) CETO 5 units has been installed at its Perth Wave Energy Project site off Garden Island, Western Australia. The unit has been operational for a little over a week now.  The sea state conditions experienced during the initial operational period have included waves up to 3.5m in height. […]

  • 18 December 2014

    Wave energy developer Carnegie Wave Energy Limited (CWE) has announced the appointment of its Executive Director of Business Development, Mr. Kieran O’Brien, to the Board of Directors of Ocean Energy Europe (OEE).  Kieran O’Brien joins Oliver Wragg of Orkney-based European Marine Energy Centre (EMEC) and the Chief Executive of Scottish wave energy firm Aquamarine, John Malcolm as new directors […]

  • 2 December 2014

    Offshore Logistics Company (OLC), a subsidiary of RWE Innogy GmbH (RWE), has signed a 5 year bareboat charter for their offshore construction vessel, Friedrich Ernestine, with the Chinese joint venture company ZPMC Profundo Wind Energy Co.,Ltd. The vessel will mobilise to the Far East in early 2015 to commence operations in the Chinese and Asian […]

  • 23 September 2014
    R&D, Technology

    Wave energy developer Carnegie Wave Energy Limited (CWE) has announced that its collaborative project to develop a standardised, self-contained offshore electricity generator for the wave industry moved a step closer last week when a tenth-scale WavePOD prototype moved to the world-leading Institute for Fluid Power Drives and Controls (IFAS) at Aachen University, Germany.  The WavePOD wave […]

  • 10 September 2014
    R&D, Technology

    Wave energy developer Carnegie Wave Energy Limited (CWE) has provided an update on the recent progress of the Perth Wave Energy Project.  Carnegie has made significant progress on the assembly and testing stage of the Perth Wave Energy Project in advance of the Project’s final commissioning and operation phase. Noteworthy recent progress includes the completion of […]

  • 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 […]

  • 11 August 2014
    Authorities, Business & Finance, R&D, Technology

    Wave energy developer Carnegie Wave Energy Limited (CWE) has received its first payment from the Australian Renewable Energy Agency (ARENA) for completion of the first milestone of the CETO 6 Project. Carnegie has received $50,000 for the first milestone of the CETO 6 Project, the completion of a Knowledge Sharing Plan and detailed Project Plan. […]

  • 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 […]

  • 30 April 2014
    Business & Finance, Technology

    Carnegie Wave Energy Limited (CWE) released its quarterly report today, highlighting successful project and financial activities. During the first quarter, CWE focused primarily on its Perth Wave Energy Project with the completion of the foundation and pipeline installation, delivery of the buoyant actuators and other CETO Unit components, commencement of assembly and testing phase and […]

  • 23 April 2014
    Business & Finance

    Carnegie Wave Energy Limited (CWE) has announced the completion of an oversubscribed $9m capital raise to be used to continue the commercialisation of its CETO technology. Carnegie had previously announced on 25 February 2014 that it had initiated a capital raising via a Share Purchase Plan (SPP) of $6 million and with capacity to accept […]

  • 1 April 2014
    R&D, Technology

    Carnegie Wave Energy has signed a commitment agreement to secure the final berth at Wave Hub, the offshore renewable energy test facility in Cornwall, to demonstrate its next generation wave technology. Carnegie is advising the Australian Securities Exchange (ASX) that its UK arm, CETO Wave Energy UK (CWE UK), has secured a berth at Wave […]

  • 25 March 2014
    Business & Finance, R&D, Technology

    Wave energy developer, Carnegie Wave Energy Limited (CWE), has announced a capital raising via a Share Purchase Plan (SPP) to raise up to $6 million for the CETO 6 project. The SPP will allow all eligible Carnegie shareholders to purchase between $1,500 and $15,000 worth of shares in Carnegie at 5.0 cents per share. The […]

  • 17 February 2014
    Business & Finance, Technology

    Carnegie Wave Energy Limited (CWE) has received $937,200 for completion of two milestones from the Western Australian State Government and has submitted $1,043,127 in payment claims to the Australian Government. The milestone payments were awarded for Carnegie’s progress including the testing and delivery of pipeline materials and advancement of the manufacturing of CETO units. The […]