Nice one suhm, Please forgive if incorrect, but believe the CETO...

Nice one suhm,

Please forgive if incorrect, but believe the CETO arm is separate to the Energy Made Clean subsidiary.

Carnegie Wave (CETO) acquired Energy Made Clean in 2016, ($2.6 million in staged cash and $10.4 million in Carnegie shares)

Not too familiar with either, anyone further views out there on potenital risk/benefit?

Quick scan looks like some traction earlier in the year, plans to commission solar farm end of Q3 2018.

Given board links wouldn't be surprised, of course could be unrelated:

Carnegie Clean Energy wins bright solar farm opportunity in NSW
By Filip Karinja - February 14, 2018

Renewable energy momentum continues to build at Carnegie Clean Energy (ASX: CCE) as it announces its third major commercially-generative deal in the space of two weeks. Earlier today, Carnegie revealed that through one of its subsidiaries (Energy Made Clean), it had won a $7 million contract to design, construct, operate and maintain a 5-megawatt solar photovoltaic (PV) solar farm in Newcastle, New South Wales (NSW).

Within Australia, Carnegie delivers its solar energy and battery storage projects via a joint-venture deal between Energy Made Clean and multinational property and infrastructure company Lendlease (ASX: LLC). Carnegie won the contract after a nationwide tender process was conducted by the City of Newcastle, to be located on a capped former landfill site at the Summerhill Waste Management Centre (SWMC) as part of the council’s plan to cut its emissions by 30% by 2020.

“We are delighted to have won our first utility-scale solar farm project in NSW and our first to be connected in the National Electricity Market. This project brings the value of new contracted work for our joint venture to over $30 million over the past 2 months,” said Dr Michael Ottaviano, Managing Director of Carnegie Clean Energy.

Carnegie says that solar farm plan design will commence immediately with commissioning expected at the end of Q3 2018. The solar farm is expected to be installed as “a ground mounted fixed tilt system and utilising an optimised piling system to suit the site topology” which Carnegie sees as being critical to facilitating future inter-compatibility with battery energy storage systems.