TransGrid

New solar battery project seeking green tick says single threatened species is being eaten by cows

RenewEconomy covers Ace Power's Narrabri solar and battery proposal entering the federal environment referral queue, and reports TagEnergy has just bought the developer to expand its Australian renewables pipeline.

How old is that sheep? Edify floats another solar and battery project amid reports it is fishing for buyers

Edify Energy has referred its Brewongle solar farm and battery project for federal environmental assessment, its third such entry in two months, while reportedly preparing a possible sale with Lazard Australia seeking buyers.

Sitemate builds on success with $27.5m Series A

Built-world software firm Sitemate has closed a $27.5m Series A led by Blackbird at a valuation above $150m; Blackbird also backed its 2022 seed, and Sitemate bought Nomad Fleet this year.

Also Startup Daily

Streamlining new renewable energy generation to the grid

ARENA grants GridWise Energy Solutions $337,000 toward its Dynamic Model Validation project, an online platform that lets renewable generators pre-check their models for faster grid entry.

Also RenewEconomy

Capacity Investment Scheme: Why it must play the long duration storage game

Opinion piece by Hydrostor's regulatory affairs director arguing Australia's Capacity Investment Scheme should do more to incentivise long-duration storage, pointing to the company's Broken Hill project and reliability risks.

Process digitisation proptech Sitemate nabs another $7.5 million in pre-Series A

Construction software startup Sitemate has secured $7.5 million in pre-Series A funding, led by Marbruck Investments with Blackbird and Artesian participating, and intends to double headcount during 2024.

Also SmartCompany·Startup Daily

Digital twin startup Neara pockets $15.25 million in Series B extension for offshore plans

Neara, an energy-sector digital twin platform, has raised a $15.25 million Series B extension with Prosus Ventures leading and prior backers Square Peg and Skip Capital returning, to fund US and European expansion.

Also SmartCompany·SmartCompany·Startup Daily

Unlocking capacity on existing transmission lines

ARENA awards Infravision a government grant to develop and trial drone-based line monitoring sensors that unlock extra capacity on existing transmission lines, with data supplied to Transgrid.

Also @AuManufacturing

150 MW battery at Darlington Point to strengthen NSW grid

ARENA announced funding for Edify Energy's advanced-inverter battery beside its Darlington Point solar farm in NSW, expanded to 150 MW, with the NSW Government adding money under its Emerging Energy Program.

Also RenewEconomy·@AuManufacturing

Testing grid forming capabilities with AGL’s Broken Hill Battery

The Australian Renewable Energy Agency is giving AGL $14.84 million toward a grid-forming battery at Broken Hill, with Fluence and Valmec supplying the system for a $41 million demonstration project due in 2023.

Also RenewEconomy

Goldman Sachs backs Hydrostor in race to long duration energy storage

Canadian compressed air storage developer Hydrostor has secured a US$250 million preferred equity commitment from Goldman Sachs Asset Management, funding its Australian and California projects and expanding its global long-duration energy storage pipeline.