Carnegie Clean Energy Limited has announced that it has received firm commitments for a AUD5 million (US$3.74 million) capital raise via the issue of AUD0.08 (US0.06) per share convertible notes which will be used to refinance an existing AUD500,000 working capital bank facility currently in place with its 100% owned solar/battery microgrid developer Energy Made Clean Pty Ltd.
Carnegie Wave Energy Limited has announced that it has signed a AUD3.69 million (US$2.81 million) Debt Financing Agreement to support the world’s first solar, battery and wave integrated microgrid project in Australia.
The European Investment Bank (EIB), will invest up to €10 million (US$11 million) in AW Energy, a company from Finland which developed “WaveRoller” wave energy technology. The investment will support and speed up the commercial roll-out of European wave energy technology.
Wave energy developer Carnegie Wave Energy Limited (CWE) has announced that global infrastructure investment company UIL Limited (formerly Utilico Limited) has acquired 100% of Renewable Energy Holdings PLC’s stake in CWE.
Bombora Wave Power Pty Ltd has announced the results of its detailed feasibility study for a commercial scale wave farm.
Foresight has launched the Australia Bioenergy Fund (ABF), a £100 million (US$150.3 million) waste fund in Australia.
China New Energy Limited (CNE) has announced that Sunbird Bioenergy Limited, its project partner in Africa, has signed an agreement with the Republic of Zimbabwe to develop a 120 million litre cassava to bioethanol plant in the Machonaland Central Province of the country.