CARNEGY WAVE ENERGY GOES SOLAR
Fremantle based Carnegy Wave Energy has acquired 100% of the Australian Energy Made Clean solar company, adding 65% of the shares to the 35% they already had.
AEMC are specialists in the design, construction and operation of microgrids and large-scale commercial solar projects and storage systems.
Carnegie managing director Michael Ottaviano said that “The potential for the global microgrid market is estimated at US$40 billion by 2020. This acquisition unlocks Carnegie’s ability to deliver a unique, in-house capability to capitalize on a rapidly growing segment of the renewable energy market globally.
“Microgrids are increasingly a major part of the renewable energy market as they can deliver cost competitive, clean power and energy security.”