World-beating Australian solar technology company SunDrive has completed a new $21 million (USD 13 million) funding round which will help commercialise its revolutionary solar cell technology that replaces silver with copper to improve solar panel efficiency and reduce costs.
Australia’s energy transition has gone from a slow motion train wreck to a mad rush to invest, with AGL Energy putting its hand up for about one fifth of the total required investment of $100 billion by 2030.
The board of the embattled energy supplier may be rethinking the proposed appointment of Paula Dwyer as chairman amid dismay among some major investors.