Freo's View

CARNEGY WAVE ENERGY GOES SOLAR

Posted in energy, environment, fremantle, solar, sustainability, technology by freoview on October 27, 2016

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.”

 

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