Sydney energy startup Wattwatchers has raised $2 million from the Clean Energy Finance Corporation (CEFC), which administers the government’s Clean Energy Innovation Fund.
Sydney non-profit Empower Projects is working with a Malawi-based social enterprise called Zuwa Energy to bring affordable solar energy of the 21st century into Malawi households. Zuwa is using a Pay-As-You-Go (PAYG) solar household system to eliminate the financial barrier many people in Malawi face when it comes to solar energy.
The Federal Minister for Environment and Energy, Josh Frydenberg has today announced the launch of a $20 million Clean Energy Seed Fund (CESF) to invest in startup ideas developing clean energy solutions. The fund is part of a government initiative to combat climate change and deploy cleantech startup ideas over the next five years.
If the South Australian Government and Adelaide City Council get their way, Adelaide could just become a world leader in clean technology startups.
To continue investment into cleantech and smart cities, new Newcastle-based incubator Eighteen04 launched to support startups and promote regional cities as global tech innovators.