Energy savings on Australia’s largest flexible demand trial
The government renewable energy agency is granting millions to a metering company for a platform that aggregates household energy devices into flexible demand across the national grid.
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The government renewable energy agency is granting millions to a metering company for a platform that aggregates household energy devices into flexible demand across the national grid.
ARENA grants United Energy $4 million toward a $10.98 million trial of pole-mounted batteries forming a virtual power plant in Melbourne's east, with Simply Energy trading the VPP output and Thycon building the units.
UK payments firm GoCardless raised A$437 million in Series G funding led by Permira, with BlackRock Private Equity Partners joining, valuing it at A$2.9 billion as it readies its Australian platform for PayTo's launch.
ARENA announces $8.2 million in funding for Tesla to install solar and batteries at 3000 Housing SA properties in Adelaide, expanding South Australia's virtual power plant alongside state government and CEFC support.
ARENA commits a $10 million grant to GreenSync to scale its deX distributed energy platform nationally, having earlier funded $450,000 toward the prototype's development and pilot.
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ARENA commits grant funding for AEMO's virtual power plant trial and for GreenSync's grid software, while Ausgrid and Reposit Power launch a trial VPP across Sydney and surrounding regions.