News and Announcements
Solar Analytics Granted Funding of $2.1 million from Federal Government Agency
- Published April 13, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Sydney: Australian solar energy software provider Solar Analytics has raised $2.1 million in grant funding from Federal Government agency ARENA to support the accelerated deployment of smart monitoring for residential solar. The four year project with ARENA will result in 25,000 homes benefiting from the smart solar monitoring technology by 2020.
KEY TAKEAWAYS:
- The Solar Analytics funding forms part of ARENA’s Advancing Renewables Programme – a $50m fund which aims to support projects that will reduce cost and increase use of renewable energy technologies.
- Increase the energy yield of a rooftop solar system by over 15%, increase the financial return of residential solar power systems, and drive increased solar uptake through better financial returns and customer engagement.
“We expect the increased energy yield resulting from Solar Analytics monitoring will translate to more than 300MW of additional solar generation across Australia, simply by optimising currently installed systems,” said Solar Analytics co-founder and Director, Dr Renate Egan.
“Our software monitors the performance of rooftop solar PV and provides solar owners with their energy generation and use data. With data, Solar Analytics empowers everyday Australians to navigate the changing energy landscape and take advantage of the enormous opportunities that come with new energy technologies including storage and energy trading.”
Solar Analytics’ monitoring service provides performance monitoring and fault diagnosis of residential solar PV systems. The business has sold more than 12,000 solar monitoring units to solar households across Australia, and has recently entered the New Zealand and US markets.
To request offer on Solar Analytics, please click the button below.
Company Updates
Dogs First to Reduce Risk: QBiotics’ Smarter Path to Oncology Markets
QBiotics took a compound derived from a north Queensland rainforest tree all the way to veterinary registration before pursuing human oncology to de-risk its human cancer programme. Interim CEO Ebru Davidson argues that sequence – now backed by early responses across several human cancers – is the company’s real asset. The story that pulled Wholesale […]
Built on discipline, not complexity: inside an ASX equities income strategy
Haydn Froggatt and Zac Brabin have decades of derivatives experience between them and access to almost any strategy in the market. They use two of the simplest structures available, and wrote 202 positions with them last year. Published by Fairway Capital Management. Based on an interview with co-founders Haydn Froggatt and Zac Brabin. Two traders, […]
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
Backed By Leading Investment Groups and Family Offices
