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Greensync

ARENA backs deX project to deliver open-source digital marketplace coupling distributed solar-plus-storage and grid services

The Australian Renewable Energy Agency (ARENA) is providing $450,000 (US$346,000) towards the Decentralized Energy Exchange (deX) project, which aims to produce an open-source software platform on which grid services can be provided and monetized by distributed battery storage. A combination of Australian utilities, research bodies, and startups are collaborating on the $930,200 ($715,000) deX project.

GreenSync secures $3.8 milllion from CEFC

The Clean Energy Finance Corp. (CEFC) will provide A$5 million (US$3.76 million) to help the grid-integration specialist expand its operations.

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