Re, List one Australian renewable energy company that has been a...

Re, List one Australian renewable energy company that has been a financial success for its shareholders

Just two years after revealing its grand vision to turn the West Australian town of Albany into a world-famous renewable energy hub by harnessing the power of waves, the WA Government is walking away.

It was touted as Australia's first commercial-scale wave farm, but Carnegie Clean Energy could not even get the project past its first milestone.

Its failure has hurt not just the people of Albany — who were excited about the Government's plan for their future — but their fellow WA taxpayers, who have got little to see for the $2.6 million they paid Carnegie.

There are many passionate believers in the potential of wave energy who have lost money or had their hopes shattered by the demise of the $16 million project.

https://www.abc.net.au/news/2019-03-13/analysis-of-decision-to-scrap-wa-wave-energy-project/10893908


Court proceedings 'delay action' to remove stranded Oceanlinx wave energy generator

https://www.abc.net.au/news/2017-05-17/oceanlinx-generator-stranded-as-court-proceedings-continue/8529602



Floating scrapheap divides Wollongong surfing community

http://www.uowtvmultimedia.com/2015/09/28/the-floating-scrapheap-dividing-wollongongs-surfing-community/
Renewable energy investment looks to be going from boom to bust as prices collapse

Having burst out of an investment black hole at warp speed, the renewable energy sector's massive building boom looks likely to hit an uncompromising wall.

The reckoning is likely to be sooner rather later, as a nasty confluence of factors keeps mounting up.

Long-term contract prices are tumbling, and the market operator has effectively slashed the value of projects operating on the periphery of the network.

On top of that, rooftop solar's rapid uptake is competing directly with utility-scale solar, and coal is still a cheap form of power.

All of this has developers and investors scrambling to see if their numbers still stack up. Many don't.

https://www.abc.net.au/news/2019-04-26/renewable-energy-investment-maybe-heading-from-boom-to-bust/11041964