- Carnegie Clean Energy (CCE) says operations at Garden Island microgrid have resumed to normal following a temporary disconnection
- The disconnection was due to the Department of Defence undergoing an electrical upgrade at HMAS Stirling
- Once the upgrade was completed by the department’s contractors, Carnegie was able to reconnect and test the new connection
- On the market this afternoon, Carnegie is in the grey and trading at 0.2 cents per share
Carnegie Clean Energy (CCE) says operations at Garden Island microgrid have resumed to normal following a temporary disconnection.
The Department of Defence was undergoing an electrical upgrade at HMAS Stirling — due to this, the microgrid was disconnected.
The electrical system upgrade is part of HMAS Stirling’s redevelopment stage 3A project.
Once the upgrade was completed by the department’s contractors, Carnegie was able to reconnect and test the new connection.
“With this testing complete, Carnegie has now been approved to recommence normal operations of the Garden Island Microgrid,” the company told the market.
“Although Defence’s upgrades and associated disconnection were out of Carnegie’s control, Carnegie was able to successfully reduce the complexity of works, disruption of base activity and the net financial impact of the process through careful analysis, management and engagement with Defence and its
contractors,” Carnegie added.
Carnegie is the owner and developer of the CETO technology, which captures energy from the ocean waves and converts it into electricity.
On the market this afternoon, Carnegie is in the grey and trading at 0.2 cents per share.