Politics

Why Australian politicians should welcome the AGL takeover plan by Mike Cannon-Brookes

- February 25, 2022 4 MIN READ

Prime Minister Scott Morrison has flatly opposed the bid led by tech billionaire Mike Cannon-Brookes to buy Australia’s biggest energy company AGL and spend A$20 billion switching it to renewables. This includes closing its coal power stations by 2030. As Morrison stated this week: We need to ensure that our coal-fired generation of electricity runs… Read more »

coal fired power statio
Advice

Here’s what’s behind the AGL takeover push by Mike Cannon-Brookes

- February 22, 2022 4 MIN READ

Two events in the past week mark a watershed for Australia’s electricity industry. The first, on Thursday, was Origin Energy’s surprise announcement that it intends to close the mammoth Eraring power station in the NSW Hunter region in 2025, seven years earlier than previously advised. Eraring is Australia’s largest coal-fired generator and supplies between a… Read more »

Liquid Hydrogen ship
Other tech

Green hydrogen is coming – and Australia’s regions could thrive on a new export industry

- January 21, 2022 4 MIN READ

You might remember hearing a lot about green hydrogen last year, as global pressure mounted on Australia to take stronger action on climate change ahead of the COP26 Glasgow summit last November. The government predicts green hydrogen exports and domestic use could be worth up to A$50 billion within 30 years, helping the world achieve… Read more »

5b solar panels
Other tech

Sun Cable’s giant solar farm in the NT, backed by Mike Cannon-Brookes and Andrew Forrest, is now a $30 billion project

- September 24, 2021 2 MIN READ

The value a massive solar farm in the Northern Territory designed to supply power to Singapore, has increased by $8 billion to $30 billion in the wake of approval by the Indonesian Government to run the cable through its waters. The Sun Cable Australia-Asia PowerLink (AAPowerLink) project has some high profile backers, including Atlassian co-founder… Read more »

Other tech

CBA backs energy startup Amber in $20m series B

- May 27, 2021 2 MIN READ

The Commonwealth Bank has made a second major investment in a digital startup, investing $20 million in a series B round for electricity retailer Amber. The deal follows a $30 million investment by CBA for a 23% stake in e-commerce retail platform Little Birdie. The Amber investment gives CBA a 25% stake in the business.… Read more »

solar panels
Other tech

CBA is launching cheap green loans for home renewables

- February 15, 2021 2 MIN READ

The Commonwealth Bank is launching a CommBank Green Loan for its home loan customers to purchase and install renewable technology, offering an interest rate of just 0.99%. CBA Group Executive Angus Sullivan said the move was part of the bank’s commitment to net zero emissions by 2050. “The CommBank Green Loan offers an historically low… Read more »

Other tech

Victoria is stealing the Tesla Big Battery title from South Australia

- November 5, 2020 2 MIN READ

Victoria is planning to build a 300 megawatt Tesla battery near Geelong, snatching the title for the Southern Hemisphere’s biggest battery from South Australia. French renewable energy company Neoen will pay for construction of the lithium-ion battery, as well its ongoing operation and maintenance, Victorian energy minister Lily D’Ambrosio announced today. The 300MW battery will be… Read more »

Other tech

Mike Cannon-Brookes backs $5 million series A for breakthrough solar cell startup SunDrive

- October 26, 2020 2 MIN READ

A $9 million project to make cheaper rooftop solar panels by replacing the silver in production with copper has attracted $8 million in funding. The cash for NSW startup SunDrive includes $5m Series A investment led by Blackbird Ventures and Grok Ventures, the family investment fund of Atlassian co-founder and renewable energy campaigner Mike Cannon-Brookes and… Read more »

solar panels
Startup Daily TV

Startup Daily TV: ShineHub launches Australia’s first choose-your-own-retailer virtual power plant

- September 9, 2020 2 MIN READ

ShineHub, a solar energy startup, has launched Australia’s first choose-your-own-retailer virtual power plant (VPP), giving homes with a battery the chance to make more money supplying electricity when it’s needed most. Co-founder Alex Georgiou said ShineHub set out to reduce the complexity, confusion and financial barriers for access to solar and battery solutions and joined… Read more »