ASX Announcement July 28th, 2016 Carnegie Wave Clean Energy Summit Presentation

Please find attached a presentation delivered by Carnegie Wave Energy Limited's CEO, Dr. Michael Ottaviano, today in Sydney, at the Clean Energy Council's Clean Energy Summit. The presentation outlines CETO development, as well as Carnegie and EMC's microgrid projects and how they are overcoming obstacles in powering remote Australia.

For more information: Dr Michael Ottaviano Managing Director

Carnegie Wave Energy Limited (08) 9335 3993

enquiries@carnegiewave.com Website: www.carnegiewave.com

The delivery of very high penetration renewable energy microgrids to

remote locations

Carnegie Wave Energy Limited

(ASX:CWE)

Dr. Michael Ottaviano

Chief Executive Officer

Disclaimer

Commercial in Confidence

The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or to participate in any trading strategy or to enter into any transaction. If any offer of securities is made, it shall be made pursuant to a definitive offering memorandum prepared by or on behalf of any fund or other issuer which would contain material information not contained herein and which would supersede this information in its entirety.

Wave + Solar + Battery

  • ASX listed owner and developer of world leading "CETO" wave energy technology.

  • More recently diversified into microgrids for islands and remote locations.

  • Rationale:

    • Takes advantage of CWE's existing island relationships and capabilities in delivering complex and remote projects

    • Enables development of knowledge, relationships and credibility in core wave market (islands) including grid,

      infrastructure, utilities, resource, financing etc

    • Allows the delivery of projects now that are forwards compatible with wave energy, particularly when penetrations are high and the consistency of wave is most beneficial

    • Brings forward revenues earlier than wave alone (without distracting from wave development)

    • Allows sufficient time for the commercialisation of wave technology without taking excessive risk

Carnegie Wave Energy Limited published this content on 28 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 July 2016 01:06:02 UTC.

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