Evergen eyes international market after sealing $15 million FRV-X deal
Australian solar and battery optimization technology provider Evergen will seek to accelerate its expansion in both the domestic and international markets after closing a $15 million fundraising round led by FRV-X, a division of Saudi-owned energy developer Fotowatio Renewable Ventures.
Sun Cable megaproject secures support of Infrastructure Australia
Sun Cable’s ambitious $30 billion-plus Australia-Asia PowerLink project, which is set to be the largest solar farm, largest battery and longest subsea electricity cable developed globally, has passed another major milestone with the Australian government’s independent infrastructure advisory body giving its economic credentials the tick of approval.
War pushes Ukraine to deploy solar
New small-capacity solar power plants are being developed in Ukraine to avoid blackouts, which is helping businesses to stay afloat amid dire economic conditions.
Okra Solar secures $3 million to bankroll mesh-grid expansion
Australian renewable energy tech start-up Okra Solar has raised $3 million to scale up distribution of its solar-based hardware and software solutions and electrify more than 290,000 off-grid homes in Nigeria in the next three years while expanding its operations in Haiti and other countries.
Energy Estate targets $500 million to accelerate renewables growth
Australian renewables developer Energy Estate is seeking to raise more than $500 million to support its development activities and bankroll the construction of renewable power plants in both Australia and New Zealand.
Desert Knowledge solar centre adds large-scale battery
The Northern Territory’s Desert Knowledge Australia Solar Centre will soon play host to a large-scale battery energy storage system which is expected to facilitate the transformation of the multi-technology solar testing facility into a local microgrid.
Solar auctions in India to attract large developers
A new report shows that renewable energy companies will continue to compete in upcoming auctions in India, undeterred by challenges such as rising materials costs and surging interest rates.
US startup unveils non-flammable batteries for EVs, storage
Alsym will produce its new batteries – made of readily available materials, without lithium or cobalt – for electric vehicles, stationary storage, and marine applications.
Melbourne’s suburbs shining with solar and battery uptake
After a bumpy start, the Victorian government’s Solar Homes Program is now in full swing, lead by strong uptake in Melbourne’s suburbs and the state’s rural north. Meanwhile, demand for batteries linked to rooftop solar has skyrocketed over the last month, spurred by the energy crisis and an especially cold winter.
Tenders for floating PV, storage, hybrid wind-solar projects in India
Solar developers have until July 15 to express interest in developing 105 MW of grid-connected floating solar in the Indian state of Maharashtra.
