ASX Announcements

Australian Research Council Grant Awarded

28 July 2015

- Carnegie and University of Western Australia partner on anchoring system project - $460,000 project focused on more efficient anchoring systems for CETO - Project to help deliver cheaper wave energy projects

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Carnegie wins CEC Innovation Award

16 July 2015

Carnegie was selected as the winner amongst a competitive field for its ground breaking work in the wave energy industry with the world's only currently operating, grid connected wave energy project - the Perth Wave Energy Project.

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Carnegie Selected as a Finalist in Clean Energy Council Awards

10 July 2015

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce that it has been selected as a finalist in the Clean Energy Council’s (CEC) Industry Awards.

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Ocean energy in Europe could supply 115 million homes by 2050

07 July 2015

- European Commission adopts draft report highlighting future contribution of ocean energy to Europe’s power supply - Ocean Energy Roadmap forecasts 100,000MW of ocean energy by 2050 in Europe - Highlights important role of ocean energy for island nations

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10,000 Operational Hours Milestone

24 June 2015

Carnegie’s CEO, Dr Michael Ottaviano said, “Achieving 10,000 hours of continuous operation is a significant milestone not just for Carnegie but for the wave energy industry as a whole. The industry has faced a lot of challenges, especially around reliability and survivability. By demonstrating the continuous operation of our product, we’re addressing these challenges. Our understanding is that this is the longest continuous period of operation any in-ocean wave energy project has ever achieved, anywhere in the world.”

Tagged under Perth Project

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$460,000 Government Grant Milestone Payments

18 June 2015

- Final Perth Project milestone payments from WA State Government approved - Final milestone payment for Desalination Pilot Project approved - Final construction milestone payment from Federal Government approved - 95% of Perth Project Government milestone payments now approved

Tagged under Perth Project

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Carnegie Shortlisted for World Sustainability Award

16 June 2015

- Carnegie selected for the Sustainia100 shortlist from over 1,500 projects from across the globe - The Sustainia Award is given to a solution. technology or project with significant potential to help build a more sustainable future

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$1.5m Government Grant Milestone Payments

05 June 2015

- $1.5 million milestone payments approved by the Australian Renewable Energy Agency
- Milestone payments approved for manufacture, construction and deployment of CETO units and the commissioning of the Perth Wave Energy Project

Tagged under Perth Project

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Presentation delivered at the Thetis – Marine Renewable Energy (MRE) conference

22 May 2015

Presentation delivered at the Thetis - Marine Renewable Energy (MRE) conference in Nantes, France by Carnegie's Executive Director of Business Development, Mr. Kieran O'Brien. THe conference features the leading offshore French and European wind, wave and tidal projects and technologies.

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Successful CETO Unit Retrieval

20 May 2015

- CETO 5 unit #1 retrieved on first attempt validating 'hot swap' maintenance strategy - Onshore inspection and overhaul of Unit to now commence - Total operation hours over 8,500 hours and waves up to 5.7m in height

Tagged under Perth Project

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