ARENA today announced a $3.8 million investment in Sunverge Energy, through the Southern Cross Renewable Energy Fund.
Sunverge Energy offers a simple, cost-effective energy storage solution able to deliver solar power when it is needed. This investment will help them establish operations in Australia and bring their unique technology and utility-centric business model to our shores.
More information
Media release – Solar storage solution gets investment boost
Program profile – Renewable Energy Venture Capital Fund