Media Coverage 2011
Clean Energy Wrap- Carnegie delivers next-gen CETO 4 (487Kb) //
EcoGeneration Magazine, November/December, 2011
Australian wave energy developer Carnegie Wave Energy has announced that its next-generation commercial scale CETO unit (CETO 4) has been manufactured and delivered to its deployment location on Reunion Island, France.
EDF-Backed Carnegie Plans Canadian Wave Project, Wins Grant (88Kb) //
Bloomberg New Energy Finance, 9th December, 2011
Carnegie Wave Energy Ltd., a producer of technology to generate power from the sea, won a grant from the Canadian province of British Columbia to build a demonstration project off the west coast of Vancouver Island.
EDF-Backed Carnegie Wave Energy Raises Funds for Australia Tests (112Kb) //
Bloomberg New Energy Finance, 1st December, 2011
Carnegie Wave Energy Ltd., a producer of technology to generate power from the sea, plans to sell shares to fund a commercial demonstration of its devices.
Euro crisis brings waves of change (295Kb) //
Australian Financial Review, 26th October, 2011
Dr Ottaviano, who is developing a series of global wave projects with the backing of French power giant EDF, said it was ironic that Australia was not using its offshore oil and gas sector expertise as Scotland was.
Carnegie Wave Energy: Making Waves in Offshore Renewables (2.5Mb) //
International Resource Journal, October, 2011
With robust technology, verified at commercial scale and one of the few wave energy solutions tested in real offshore conditions, the question facing Perth-headquartered Carnegie Wave Energy (ASX: CWE) is not will its CETO technology work, but where it will choose to deploy it next.
CETO 4 Hits Reunion Island as Carnegie plans 15MW array (58Kb) //
ReCharge News Online, September 26th, 2011
A grid-connected 2MW CETO 4 system is earmarked for the site at Reunion Island, with expansion to a 15MW set-up as planned.
Ground breaking projects leading the way (177Kb) //
The West, September 23rd, 2011
With renewable energy options becoming a reality, various projects across the state are developing to set WA on-track to a greener future.
Carbon Tax- Renewable Energy Round Table (5.9 Mb) //
The Australian Financial Review, 20th September, 2011
"Carnegie's CETO wave technology is ideally suited to remote island markets where there is often insufficient land for large-scale solar, where wind is not wanted..."
Velocious connected (121Kb) //
WA Business News, 8th September, 2011
Carnegie's first grid-connected, revenue generating power project will be at the same location as the CETO 3 unit deployment off Garden Island.
Wave energy test success (697Kb) //
The Australian Financial Review, 2nd September, 2011
"The ocean is a huge resource," said chief executive Michael Ottaviano..."it could power the whole world twice over with extractable energy, and it's virtually untapped."
BP Stalwart Joins Perth Wave Energy Company (303Kb) //
Oil & Gas Australia, August 2011
Perth-based company Carnegie Wave Energy Limited has announced the appointment of Mr John Leggate, CBE, FREng to its Board of Directors as a non-executive director.
Green is the new black (503Kb) //
Dynamic Business Magazine, July 2011
Carnegie views the creation and protection of IP as a core competency and invests significant resources in the maintenance of its global intellectual property portfolio.
Australian ocean power - waves, tides and other ocean currents (1.9Mb) //
Eco-Generation Magazine, July/August, 2011
In April 2011 Carnegie successfully completed the design, manufacture and installation of their commercial-scale CETO 3 unit off Garden Island, Western Australia, with testing and operation ongoing.
The power plays of the future (440Kb) //
The Saturday Age, 16th July, 2011
"What we've got is a project that is ready to go, and in fact is already underway, so the money can be put to use immediately" Dr Ottaviano said.
Picking out value in a new world (596Kb) //
Australian Financial Review, 16th July, 2011
Zero-emission energy developers,including Carnegie Wave Energy are also expected to benefit from the carbon price.
Gillard pledges $14.3bn to kick-start renewables (1.5Mb) //
ReCharge News, 15th July, 2011
Australia's A$13.4bn ($14.3bn) clean-energy investment programme is likely to 'turbocharge' the nation's renewables industry, business groups said after Prime Minister Julia Gillard announced a raft of funding measures and a fixed carbon price to start on 1 July next year.
Size can matter with carbon tax (283Kb) //
Countryman, July 14th, 2011
The winners from the carbon tax come in two categories. In the first are the green energy companies such as Ceramic Fuel Cells (CFU), Carnegie Wave Energy (CWE) and a bunch of geothermal energy hopefuls.
Carnegie stocks at one-month high (110Kb) //
The Australian Financial Review, 13th July, 2011
The federal government's carbon tax boosted clean energy plays on the local bourse
BELCO targets a fifth of Bermuda's energy from green resources by 2020 (38Kb) //
Bermuda Sun Online July 13th, 2011
BELCO sees renewable energy as a key component of its future plans and is working closely with Government on a slew of options.
Green tax triggers $19b sharemarket revaluation (645Kb) //
The West Australian, 12th July, 2011
The renewable energy sector, set to benefit from a series of initiatives such as a $10 billion clean energy incentive package, praised the policy as offering much-needed certainty.
Sun shines on stocks as renewable sector warned to be 'realistic'(563Kb) //
Canberra Times, 12th July, 2011
After the Federal Government'sweekend announcement of its carbon pricing package, clean energy and carbon offset shares performed strongly on the Australian Stock Exchange yesterday.
Carbon Pricing to Boost Renewables - Windows Media Video (9.75Mb) //
ABC News, 12th July 2011
Carnegie’s CEO and MD, Dr Michael Ottaviano says carbon pricing has given the industry the certainty it needed.
Oceans of opportunity (554Kb) //
Eco-Generation Magazine, July, 2011
"It is important that a significant proportion of the revenue from carbon pricing is channelled into the development of clean technologies like wave power."Dr Michael Ottaviano said.
Plans for permanent wave unit off Garden Island (449Kb) //
Sound Telegraph, 1st June, 2011
Brand MHR Gary Gray said he was excited about the trials the company had completed off Garden Island. "The engineers and designers at Carnegie are now analysing the data collected while the (wave) unit was in the water," he said.
Riding on the wave of sustainable energy technology (283Kb) //
Oil & Gas Review, May, 2011
According to Carnegie commercial manager Aidan Flynn, the wave energy market has the potential to be worth roughly $100 billion per annum and is, as yet, unexploited.
Peter Switzer Interview (Sky News) //
Sky TV Business News, 5th May 2011
“The big success story is probably only 12 to 18 months away and that’s taking our commercial scale unit and turning it into the first commercial wave power project.”
Nine News (YouTube) //
Nine News, 1st May 2011
“In a first for the Southern Hemisphere, Carnegie has started harnessing energy from waves off Garden Island.”
Carnegie eyes money wave (132Kb) //
WA Business News, 21st April, 2011
Wave energy company Carnegie reached its most significant technological milestone this week, announcing the first full-scale commercial wave energy unit has been successfully deployed off Garden Island.
Onshore testing completed for wave energy project (238Kb) //
Oil & Gas Review, April, 2011
"We are very pleased with the results of the onshore test program. Mobilisation for offshore deployment is under way," Carnegie managing director Dr Michael Ottaviano said.
Carnegie's trial run set to make waves (80Kb) //
The Age, 21st April, 2011
The Southern Hemisphere's first commercial-scale wave power unit has begun producing energy as part of a trial project.
Wave energy harnessed (173Kb) //
The West Australian, 21st April, 2011
Large-scale wave energy has come a step closer to becoming a commercial reality after a WA company launched a world-first flotation buoy in waters off Garden Island.Carnegie chief executive Michael Ottaviano said the technology could be used in the southern half of Australia and around the globe.
Carnegie makes waves with renewable energy (482Kb) //
The West Australian, 20th April, 2011
Carnegie Wave Energy has notched up a major win in the race to commercialise new renewable energy technologies, after becoming the first company in the southern hemisphere to generate electricity from the ocean's waves.
All set to catch the next energy wave (144Kb) //
Climate Spectator Online, 20th April, 2011
“This is a huge milestone for us,” says Carnegie CEO Michael Ottaviano, who adds that the unit,designed to deliver more than 100kW, is so far performing to expectations.
Wave power option now being tested (56Kb) //
The Royal Gazette Online, Bermuda, 11th April, 2011
A wave-monitoring buoy has been placed off the South Shore to gather information about the feasibility of wave power in Bermuda.
Al Jazeera News Online (YouTube) //
Al Jazeera Online, 8th April 2011
Carnegie’s Managing Director Dr. Michael Ottaviano believes a price on carbon will increase the potential for clean energy opportunities and other new clean technologies.
Tax's Mixed Reception (129Kb) //
The Australian, 25th March, 2011
"There's no doubt that a price on carbon will help bring through the renewable technologies that the country needs to move its fossil fuelpower-dominated generation into the future, so a carbon price is good news," Ottaviano says.
Full steam ahead for new fuel (154Kb) //
The Weekend Australian, 12th March, 2011
"It's a pretty exciting time," Allen says. "The thing that really drives most of the people in this organisation is the hands-on ability to develop something".
Capturing energy of the high seas (6Mb) //
Business World Australia, March 2011
The CETO technology produces 100 per cent carbon free power by harnessing the power the ocean provides.
Carnegie gets Irish boost (412Kb) //
Ethical Investor, March 2011
Perth-based wave energy developer Carnegie Wave Energy (ASX:CWE) has signed an agreement with the Irish government to explore potential sites for its CETO marine energy installations.
Ireland supports Carnegie wave energy project (31Kb) //
Envirotech & Clean Energy Investor, February 2011
Australian wave energy developer Carnegie Wave Energy has secured funding from the Irish government to develop site-specific wave energy devices off the coast of Ireland.
RPS scouts sites for Carnegie (121Kb) //
reNews, 13 January 2011
Carnegie Wave Energy has appointed consultancy RPS to carry out a €150,000 study to identify a 5MW near-shore site in Irish waters to deploy its Ceto technology.
Carnegie expands (52Kb) //
The Weekend West, 8th January 2011
Carnegie Wave Energy has struck a deal with the Irish Government to investigate developing a wave energy project.
Wave power backers are buoyant (291Kb) //
The West Australian, 11th January 2011
A renewable energy project to be launched this year is set to transform WA into the world's biggest centre for turning waves into electricity.
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