The funding is part of ARENA’s efforts to significantly reduce the cost of solar power and drive down the cost of solar even further and support the country’s transition to renewable electricity.
Solar equipment maker 5B received $12 million in funding led by existing investors Artesian Venture Capital and Fortune 500 company AES Corporation. The investment is part of its pre-series B funding round.
Swapping to solar energy not only helps save the planet, but can help business owners save money.
Atlassian co-founder Mike Cannon-Brookes has invested $78.8 million into Sydney-based start up Brighte, helping fund the development of its new green energy retail arm. “The additional capital will be deployed in three key areas: the acquisition of more solar households, growing Brighte into a household brand and building out our customer lifetime value proposition which […]
Solar tech startup Redback Technologies has raised US$7 million in capital from the Clean Energy Innovation Fund and Right Click Capital as part of its Series A-2 funding round. Based in Brisbane, Redback offers an energy management system that uses machine learning to optimise the generation, storage and management of solar energy for households and […]
EnergyAustralia has invested $9.3 million in Brisbane-based solar energy start-up Redback Technologies, establishing a partnership aimed at increasing the uptake of reliable, affordable and cleaner energy solutions among homeowners. Under the partnership, Redback’s integrated hardware and software technologies, which capture, store and manage solar energy, will be promoted to EnergyAustralia’s 1.7 million customers in Victoria, […]
Reducing energy usage through green sources such as solar energy offers the potential to also reduce costs for small business.
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