Thursday, September 21

International Updates

SkySpecs Acquires i4SEE
International Updates

SkySpecs Acquires i4SEE

SkySpecs, a global leader in wind energy technology, has acquired i4SEE, a leader in fully automated wind turbine data analytics and fleet optimisation. The combined entity brings together world-class data insight and automation to help wind farm owners and operators to optimally invest in, maintain, and manage their assets for sustainable returns. “Our global customers are facing critical challenges when it comes to budgeting and maximising the life and returns of their assets as the wind industry matures,” said Danny Ellis, CEO of SkySpecs. “We are thrilled to join forces with i4SEE to deliver more actionable insights and equip global wind customers with the tools to make data-driven decisions while keeping a pulse on their assets’ health and performance.”By adding i4SEE’s augmented ...
Australian Clean Tech company Endua fixes Renewable Energy’s intermittency problem
International Updates

Australian Clean Tech company Endua fixes Renewable Energy’s intermittency problem

One major problem with renewable energy sources like wind, solar and hydro is intermittency. This means they cannot be relied on constantly since, for example, the sun might stop shining or it might be a still, windless day. To fill gaps, users often rely on diesel generators or batteries. But diesel generators produce emissions and batteries only last for a short time. Clean tech startup Endua says it has found the solution with its modular hydrogen generation and storage technology. The Australian startup announced it has raised AU$11.8 million (about $7.8 million). Participants in the round included new investors, Queensland Investment Corporation (QIC), Melt Ventures and 77 Partners, which together put in AU$7.5 million. The rest of the funding came from returning strategic investo...