March 22 (Reuters) - Carnegie Wave Energy Ltd CWE.AX :
* Carnegie & EMC (NYSE:EMC) investment and alliance agreement CWE.AX
* Carnegie invests $4.5 million to take a 35 per cent stake in profitable solar & microgrid business energy made clean
* Deal composed of $1.5 million in Carnegie shares and $3 million in cash
* Source text for Eikon