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News
The EV sales surge shows smartly designed green subsidies work
2+ hour, 12+ min ago (114+ words) Capital Brief Australiaâs electric vehicle subsidies have been controversial since they were first introduced back in 2022 Do they unfairly benefit higher-income earners? Yes Are we using Australian tax dollars to prop up foreign manufacturers? Absolutely Are they more expensive…...
China’s WeRide eyes Australia for robotaxi expansion
13+ hour, 3+ min ago (146+ words) The news: Chinese autonomous driving company WeRide is looking to expand into Australia, according to Reuters. Chief executive Tony Han said the company was already talking to regulators about the possibility. He also pointed to South Korea and Japan as…...
Gridcog secures USD10m to scale clean energy software
4+ week, 2+ day ago (222+ words) The news: Australian-founded tech startup Gridcog has raised USD10 million ($14 million) in a series A funding round led by a consortium of global energy giants, including ABB Electrification Ventures, AXPO Ventures, DNV Ventures and VERBUND Ventures, to scale its modelling energy…...
Gridcog secures $12.5m Series A funding to scale clean energy software
1+ mon, 5+ day ago (223+ words) The news: Australian-founded tech startup Gridcog has raised $12.5 million in a series A funding round led by a consortium of global energy giants, including ABB Electrification Ventures, AXPO Ventures, DNV Ventures and Verbund Ventures to scale its modelling energy platform....
Clean Energy Finance Corporation invests $22m in electric trucks
1+ mon, 1+ week ago (191+ words) The news: The Clean Energy Finance Corporation has committed up to $22 million to electric fleet business Zenobē Australia to acquire 148 battery electric trucks. The context: The funding will see the trucks leased to Woolworths and builds on the $6 million the…...
Firmus secures 600MW energy deal in South Australia; reveals energy and water policies
1+ mon, 1+ week ago (426+ words) The news: AI infrastructure company Firmus has announced a 12-year wholesale energy supply agreement with commodity trading house Gunvor Group for 600 megawatts of firm electricity to support the next phase of its national AI factory rollout in South Australia. The…...
Watch this SpaceX — Capital Brief
2+ mon, 1+ day ago (141+ words) The euphoria surrounding SpaceX’s initial public offering and market debut tonight (Friday on Wall Street) is hardly surprising. The circa USD75 billion ($106 billion) IPO is the biggest in the history of financial markets as measured by both the amount raised — trouncing…...
SpaceX raises USD75b in record IPO
2+ mon, 2+ day ago (632+ words) Capital Brief SpaceX raises USD75b in record IPO Plus: Trump cancels planned Iran strikes; KPMG hit by more FairCall reviews, Westpac audit scrutiny; ECB leads central banks with first Iran shock rate rise. Good morning. Here’s what happened overnight and what…...
CATL signs battery recycling agreement with ASX-listed Livium
2+ mon, 3+ day ago (179+ words) The news: CATL HK, a subsidiary of the world’s largest lithium-ion battery manufacturer, has executed a recycling services framework agreement with Envirostream, a subsidiary of ASX-listed small cap Livium. The context: The agreement formalises an existing working relationship in which…...
Chris Bowen wants 35% electrification by 2035 as he chairs key climate talks
2+ mon, 4+ day ago (438+ words) The news: Energy Minister Chris Bowen has called for electricity to account for more than a third of global energy within a decade, as he chairs key international climate negotiations in Germany. The context: International delegates have descended on Bonn…...