Company Overview and News

 
Are we financially ready to retire?

2018-03-31 smh.com.au
My wife (51) and I (54) own quality shares and listed investment companies (LICs) worth $1.36 million, cash of $350,000 and a joint self-managed super fund of $1.55 million, also comprising shares, LICs and cash. We also own our regional Victoria home worth $450,000 outright. My wife doesn’t work and I intend to retire in August 2018 when I turn 55. My preservation age is 59 and my wife’s is 60. In the period before we can obtain access to super, we expect to generate a minimum of $85,000 a year net from dividends and interest, which is sufficient for our needs, fully utilising two tax-free thresholds.
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Carnegie recruits Stinson as chairman

2017-10-12 businessnews.com.au
Former Orbital Corporation boss Terry Stinson will join the board of Carnegie Wave Energy next month and succeed Jeff Harding as chairman, while Mark Woodall will also join the renewable company’s board.
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Global $1.78 Bn Wave and Tidal Energy Market, 2025

2017-09-29 prnewswire
The "Global Wave and Tidal Energy Market Analysis & Trends - Industry Forecast to 2025" report has been added to Research and Markets' offering.
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Wave Power - Is It Going To Work?

2017-02-14 seekingalpha
Wave power still embryonic with numerous small technology startups that are mostly capital limited and not ready for the public markets.
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UK wave power far too costly, warns energy research body | Environment | The Guardian

2017-01-16 theguardian
ETI says technology is 10 times dearer than other low carbon power sources and UK should prioritise tidal stream
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Aussie firm seeks Chinese partners to realise wave energy commercialisation ambition

2016-12-27 scmp
China has managed to significantly cut the power generation cost of wind turbines and solar panels over the past five years. Now a company from Australia is betting China can do it again for one of the world’s last untapped renewable energy sources – ocean wave power.
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DOE Names AquaHarmonics Winner of US$1.5M in Wave Energy Prize Competition

2016-11-23 renewableenergyworld
The U.S. Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy last week announced Portland, Oregon-based AquaHarmonics will receive US$1.5 million as the first place winner of the Wave Energy Prize competition.
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Federal Power Regulators Propose Rule to Remove Barriers to Energy Storage Participation in US Markets

2016-11-18 renewableenergyworld
The Federal Energy Regulatory Commission (FERC) on Nov. 17 issued a noticed of proposed rulemaking (NOPR) that plans to direct U.S. transmission system operators (TSO) to establish market rules to accommodate energy storage participation in organized wholesale electric markets.
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Zero-net, Low-income Homes Offer Glimpse of Grid Transformation

2016-11-18 renewableenergyworld
The zero-net modular homes in Waltham, Vermont — boxy units with almost flat roofs — look nothing like the sleek Hollywood homes with solar tile roofs and Powerwall storage units that Tesla Motors CEO Elon Musk unveiled Oct. 28. And they’ve gotten considerably less press. But the 14 homes at the McKnight Lane Affordable Housing Development are, in their own way, marvels of modern design and, more importantly, will deliver huge energy savings for the low-income families that will rent them.
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MeyGen tidal power site reaches milestone with production of first energy

2016-11-17 hydroworld
The first power has been produced at the MeyGen tidal power site in Scotland, according to project developer Atlantis Resources Ltd. HydroWorld.com reported that grid connectivity was imminent when the last of four initial foundations was installed at the MeyGen site, (1) allowing James Fisher Marine Services Ltd. to complete turbine and cable installation last week.
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Perpetuus Tidal Energy Centre to Develop 30 MW Tidal Project Off the Isle of Wight

2016-11-17 renewableenergyworld
Perpetuus Tidal Energy Centre (PTEC), a consortium that includes Perpetuus Energy Ltd. and the Isle of Wight Council, today announced a partnership with tidal turbine manufacturers Schottel Hydro GmbH and Tocardo Tidal Turbines to develop a 30 MW tidal project off of the Isle of Wight, England.
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Promising Prospects in Microgrid Development from Carnegie Wave Energy

2016-11-17 renewableenergyworld
The last few weeks have been flush with developments for pioneering marine energy developer Carnegie Wave Energy — the Australian company now set to diversify into microgrid systems.
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What We Can Do

2016-11-17 renewableenergyworld
The sun was shining the morning Donald Trump became president-elect. I checked. Solar continues to be the most cost-effective way of generating electricity, so there is no doubt in my mind that our industry will continue to thrive. Perhaps not as fast as the past decade, but we will generate rapid growth nonetheless. Because over the next four-plus years, economics will matter more than ever with a Republican administration.
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Wave and Tidal Energy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

2016-11-16 prnewswire
NEW YORK, Nov. 15, 2016 /PRNewswire/ -- Wave and tidal energy are methods of harnessing energy of oceans for power generation. Countries across the world are increasingly looking to utilize these forms of renewable energy as these provide a constant and steady source of clean energy. Abundance of ocean surface and significant potential of energy generation in several nations has induced governments to pursue ocean energy generation as an important part of their future renewable energy mix.
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Fastbrick builds way to Techboard podium

2016-11-11 businessnews.com.au
Fastbrick Robotics has topped Techboard’s startup and tech company ranking this fortnight, following its win at the 2016 WA Innovator of the Year awards.
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