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.”
That’s a lot of solar panels on South Terrace in Fremantle. Good on them!
I hope though that one day solar panels will look more like roof tiles as those big panels don’t look great on low buildings.
Installing solar has become much cheaper and new technology now also allows for storage of excess power, so bring it on.
Rain water storage should become compulsory for new houses as it is such a waste to see all that rain run straight back into the ocean.
The Federal Government’s green energy arm ARENA will be funding $1 million into a micro-grid project in White Gum Valley.
The solar battery technology will allow the apartments on the former Kim Beazley school site to store and trade power. This is the first trial in the world of the micro-grid technology.
The Landcorp solar energy project that will cost a total of $3 million will have solar panels and batteries installed at four apartment buildings on the WGV development site at Stevens Street.
Strata companies who manage the apartment can sell the electricity to tenants, so they don’t have to buy their power from Synergy. It is estimated that the strata companies would be able to sell electricity to tenants and home owners cheaper, or at the same price as Synergy does, while the owners and occupiers of the apartments will be allowed to sell power to other apartments if they don’t use all the power generated.
The development has received criticism from the White Gum Valley community because nearly 100 trees were killed to make way for the development. Solar energy does not like large trees around buildings as they impact on how much sun light the solar panels receive.