00:0c:29:4c:6f:70 is not an allowed static Ethernet address. It conflicts with VMware reserved MACs.

You are attempting to manually assign a MAC to a vSphere VM in the 00:0c:29:xxx range.

You receive this error:

Module DevicePowerOn power on failed.
Could not set up “macAddress” for ethernet0.
Invalid MAC address specified.
00:0c:29:4c:6f:70 is not an allowed static Ethernet address. It conflicts with VMware reserved MACs.

Solution:  Edit the .vmx file for the VM and add this line:

ethernet0.checkMACAddress = "false"