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2 March 2021
Carnegie Clean Energy has closed the chapter on a choppy half-year, reporting a net loss for the period ending December 31 of just over $1.2 million.
The company’s interim results, which also reported a slight year-on-year increase in revenue to $158,276, reflect six months where the company’s main earner, the Garden Island microgrid in Western Australia, was switched off.
The micro-grid – which features a 2MW solar array and and 2MW/0.5MWh of battery storage and is used to power the HMAS Stirling naval base off the port of Fremantle south of Perth – was disconnected in early April of 2020, due to infrastructure issues on the base.