Melbourne’s carbontrack which provide energy management technology was today announced as one of 15 projects to receive a share of $25.1 million, with $17.95 million coming from the manufacturing industry and $7.16 million from the federal government’s Advanced Manufacturing Growth Centre, intended to help Australian companies commercialise their offerings.
Carbontrack launched in Australia in 2015 and has been on a speedy global ascent. Its technology has both hardware and software components which allow users to monitor and control electricity consumption. It can be retrofitted and isn’t limited to smart appliances, homes or brands.
The solution also has an autopilot feature, essentially an algorithm which automates energy use to get the most cost-effective outcome by assessing appliance use and deeming it essential and non-essential.
Carbontrack has been awarded a $877,000 share of the funding, including $428,500 in grant funds, which CEO Brenton Spear said would go towards the continued development of its technology.
Managing Director of the Advanced Manufacturing Growth Centre, Dr Jens Goennemann, said Australia’s manufacturing industry was ready to get to work. “All 15 co-funded manufacturing projects are expected to generate higher-paying, more resilient jobs onshore, while providing significant export opportunities of high-quality Australian products abroad,” he said.
“These projects also demonstrate the multiplier effect of manufacturing, not just in terms of industry committing significant funds, but also in the fact that for every direct manufacturing role, 3.6 complementary jobs are created elsewhere in the economy.”
Carbontrack’s technology is currently being used by energy companies in Australia, New Zealand, South Africa, Botswana, Kenya, USA and the UK.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.