Adrian Knack

Queensland renewables startup Redback Technologies placed in voluntary administration

- March 11, 2024 < 1 MIN READ

Brisbane solar battery startup Redback Technologies has handed its books to voluntary administrators. McGrathNicol were appointed administrators of Redback Operations Pty. Ltd on March 5, as the company was in Sydney exhibiting at the Smart Energy Expo. Redback continues to trade as the administrators seek expressions of interest for the sale or recapitalisation of all… Read more »


Grok Ventures backs renewable energy startup gridmo in $500,000 pre-Seed raise

- October 9, 2023 2 MIN READ

A renewable energy software startup to emerge out of the Startmate program has raised $500,000 in its first external round. Power systems engineers Jarman Stephens and Damien Vermeer cofounded gridmo earlier this year to fast track renewable energy grid connection studies. It was built to MVP in Startmate’s summer 23 cohort. The raise was led by the… Read more »


Battery recycling startup Renewable Metals charges up on $8 million Seed round

- October 5, 2023 2 MIN READ

Western Australian battery recycling startup, Renewable Metals has raised $8 million in Seed funding to address low levels of lithium battery materials recovery. The round was led the Investible’s Climate Tech Fund, with support from the Clean Energy Finance Corporation (CEFC) through Virescent Ventures, which tipped in $2.5 million, and US VC the Grantham Foundation… Read more »

The EnergyLab 2023 scaleup program cohort

Here are the 10 startups climate tech accelerator EnergyLab selected for its scaleup program

- June 27, 2023 3 MIN READ

EnergyLab has chosen six Australian climate tech startups in a cohort of 10 for its latest scaleup program Now in its fourth year, the industry-led EnergyLab’s Scaleup Program helps the startups involved develop initiatives to fast-track decarbonisation of the grid. The program offers startups the chance to collaborate with Australia and New Zealand’s most innovative… Read more »


CEFC pours $100 million more into Mike Cannon-Brookes-backed renewables finance firm Infradebt

- April 27, 2023 2 MIN READ

Federal government investment fund the Clean Energy Finance Corporation (CEFC) has doubled down on its funding for Infradebt, tipping an additional $100 million into the ACT-based renewables financing firm, taking its total backing to $150 million. Infradebt is a specialist infrastructure project finance fund manager/financier, providing capital for renewables and battery storage projects as well… Read more »

Neoen Hornsdale Battery Reserve
Climate Tech

CSIRO says Australia’s renewable energy storage capacity needs to 10x to keep the lights on

- March 29, 2023 2 MIN READ

The shift to renewable energy to meet net zero targets will mean Australia has to dramatically scale up its battery storage capacity, a new report from national science agency,CSIRO says. The Renewable Energy Storage Roadmap outlines a 10 to 14-fold increase is required in electricity storage capacity between 2025-2050 for the national electricity market (NEM) to… Read more »

Andrew Forrest
Climate Tech

Elon Musk bet on batteries, fellow billionaire Twiggy Forrest on green hydrogen – but we’ll need both to power the future

- October 11, 2022 3 MIN READ

The battle of the billionaires has become the stuff of headlines. The world’s richest man, Elon Musk, has gone head-to-head with Australia’s richest man, billionaire Andrew “Twiggy” Forrest. Musk, founding investor in battery-powered car giant Tesla, has famously mocked hydrogen fuel-cell vehicles as “mind-bogglingly stupid”. Forrest has just placed a very large bet on green… Read more »


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

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 »

Neoen Hornsdale Battery Reserve
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 »