Ledger.

Startup · $1.2m raised

Australian Energy Market Operator

Coverage

Stories naming Australian Energy Market Operator. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Venture debt $340m+

Major new player signs contracts for first big battery project as it aims for 6 GWh of storage by 2030

Ampyr has locked in bank debt above A$340m, a Zen Energy virtual offtake and Fluence as battery supplier for its first large battery in NSW, with a 6 GWh storage goal for 2030.

Key hire

Grid Connections: Who’s going where in Australia’s energy transition

A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.

Grant $994.7k

Optimising renewable energy output through weather forecasting

ARENA grants Solcast $994,685 for a South Australian renewable generation nowcasting demonstration, with AEMO, Weatherzone, TESLA Asia Pacific and SA Power Networks involved in testing and sharing the forecasts.

Also RenewEconomy

News

Department officials walk back Coalition coal funding promises, say no decisions made

Federal officials told a senate estimates hearing that no taxpayer money has been committed to a Collinsville coal plant study or to AGL's Liddell generator, despite earlier government announcements suggesting otherwise.

3 deals

NAIF confirms $610m finance for Genex solar-pumped hydro project

Australia's northern infrastructure agency has approved concessional debt covering all financing for Genex's Kidston pumped hydro and solar project, with a Japanese partner taking equity and an earlier solar raise recalled.

Also @AuManufacturing·RenewEconomy

4 deals

Wind, water and Australian sun: Five startups making waves in renewable energy

Profile of five Australian renewable-energy startups covering wave power, wind forecasting, turbine monitoring, solar payment plans and battery materials, along with their recent grants and raises from ARENA, government programs, AirTree, NAB and others.

Also SmartCompany·Australian FinTech·Techboard

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