News and Announcements
RayGen Receives $1m Grant from Victorian State Government
- Published June 27, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
The Victorian state government in Australia is providing AUD 1 million in funding for a 0.5-MW commercial concentrated solar photovoltaic (CSPV) plant of Australian solar technology company RayGen Resources Pty Ltd.
KEY TAKEAWAYS:
- The government said on Tuesday the project, to be located in Newbridge, will support local jobs and the development of Victoria’s exports of renewable energy technology.
- RayGen says its PV Ultra module is over 1,000 times more powerful and twice as efficient as conventional photovoltaic (PV) panels.
- The module uses multi-junction Gallium-Arsenide technology that is typical for space applications.
The funding comes from the New Energy Jobs Fund, which offers grants of up to AUD 1 million. Round two of the fund awarded almost AUD 7 million in grants to 21 projects.
Company Updates
THE TAX CHANGED. NOW THE PRODUCT IS CHANGING TO MATCH.
Changes to the 50% capital gains tax discount are shifting Australian private capital away from growth and into high-yielding wrappers. Fund managers are actively redesigning products across private credit and property to capture the incoming capital rotation
The Algorithm Re-Dosing Cancer Treatment: Inside the University of Melbourne Spin-Out Rewriting a 60-Year-Old Formula
Oncology specialists are still calculating toxic chemotherapy doses using a formula from the era of the Ford Model T, leading to a system where seven out of eight patients are routinely overdosed. University of Melbourne spin-out PredicTx is dismantling this legacy approach, utilizing advanced AI to analyze existing patient CT scans, deliver precision medicine to the bedside, and return a massive 100x financial rerate to hospital networks.
Asset over thematic: Centuria’s Andrew Essey warns against ‘blanket strategies’ as global capital eyes Australia
Relying solely on broad macroeconomic trends is the single biggest mistake property investors make today. Centuria Capital CIO Andrew Essey explains why asset-level “lettability” always trumps the overarching sector thematic, and reveals where global institutional capital is quietly pivoting to capture high-octane returns.
Backed By Leading Investment Groups and Family Offices
