Green energy finance provider Brighte has raised $100 million to move into energy retailing. The $100 million round was led by Grok Ventures, the family investment company run by billionaire Annie Cannon-Brookes and her husband Mike. Founder & CEO Katherine McConnell said the fund will be used in three key areas: acquiring more solar households,… Read more »
IKEA’s Adelaide store will be self-powered by 2025 as the retailer eyes a move into renewable energy generation and supply
IKEA Australia will install solar panels generating 1.2MW of electricity on the rooftop of its Adelaide store as it moves towards operating with 100% renewable energy by 2025. The project will create largest grid-connected commercial microgrid, connecting with the South Australian power network, and will be coupled with a 3.4MWh onsite battery – think around… Read more »
Stu Philpot is the CEO and Founder of UPowr, a digital platform set to disrupt the solar industry. An estimated 6 million Australian households are predicted to install solar in the coming years. This week UPowr launched a new digital platform the startup says will supercharge solar power sales to simplify the purchase process and… Read more »
Researchers are looking at turning electric vehicles into virtual power plants to create a ‘big battery’ on wheels
Your electric car could be the solution to future blackouts at home, with researchers from The Australian National University (ANU) looking at how EVs can support the energy grid. The ANU researchers estimate that if all of Australia’s vehicles were electric they’d store enough power to equal five of the federal government’s $5.1 billion plan… Read more »
Chargefox raises $15 million to build network of ultra-rapid charging stations for electric vehicles
Chargefox, a startup building a network of ultra-rapid charging stations across Australia for electric vehicles, has raised $15 million to start construction.
Jumping strides ahead of Australia’s eventual electric car boom is Sydney startup Everty, a peer-to-peer charging network for electric cars.
Peer-to-peer lending platform RateSetter has announced a $20 million investment from the Australian Government’s Clean Energy Finance Corporation (CEFC) to fund the launch of a green loan marketplace.
The government will work alongside each Regional Partnership to develop region-specific strategies and practical solutions for their digital needs.
Wattwatchers has announced that it has closed a $2 million raise to help widen the its team, reduce product costs and expand “technology partnerships”.
The Sydney Opera House has announced a partnership with Energy Australia that will see the creation of a new industry think tank alongside CSIRO.
Brisbane renewable energy company Redback Technologies has launched its international expansion, signing a deal with Duserve Facilities Management in Dubai.
South Australian Premier Jay Weatherill has unveiled a “21st Century energy plan that protects the people of South Australia”.
The EnergyLab accelerator has been developed with Climate-KIC Australia to help four startups with new products or services become market-ready.
The Federal Minister for Environment and Energy, Josh Frydenberg has today announced the launch of a $20 million Clean Energy Seed Fund (CESF) to invest in startup ideas developing clean energy solutions. The fund is part of a government initiative to combat climate change and deploy cleantech startup ideas over the next five years.
Brisbane startup Redback Technologies has today announced a partnership with Queensland renewable technology company AllGrid Energy, which will see AllGrid using Redback’s core hardware and software for remote applications.