Capitalising on the Demand for Clean Energy
Carnegie Corporation (ASX:CNM) is focused on developing and commercialising clean technologies. The world market for renewable and low-emission power and water technologies is undergoing rapid growth and Carnegie Corporation is well positioned to capitalise upon this through the development and commercialisation of a growing portfolio of ‘cleantech’ projects including our flagship project:
- CETO wave energy – zero-emission power and desalination technology;
Below is video footage of the CETO units in action offshore at Carnegie’s Fremantle Wave Energy facility.
Announcements
// Power to Change: Australia’s Wave Energy Future 18.6.2009
A report released today by World Wildlife Fund Australia (WWF) estimates that wave energy will create about 3,210 Australian jobs by 2020, increasing to 14,380 jobs by 2050.
// $5.75 Million Capital Raising 27.5.2009
Carnegie is pleased to announce a $5.75 million share placement at an issue price of 22 cents per share (“Placement”). The Placement was arranged by Joint Lead Managers Blackswan Equities Pty Ltd and Patersons Securities Limited.
// Global CETO Acquisition 11.5.2009
Carnegie to become 100% owner of CETO Wave Technology. Delivers Northern Hemisphere and IP control to Carnegie. REH to become Carnegie’s largest shareholder.Carnegie to develop CETO projects with EDF EN in Northern Hemisphere.