Australian Solar-powered IoT Startup Raised $4.5M In Stock Market Launch

The shares in the solar-powered internet of things startup Spectur started trading on the ASX today after a $4.5 million launch.

Situated in Perth, Spectur produces hi-definition solar-powered security camera networks.

The company listed at $0.20, which gives it a market capitalisation of $8.2 million.

Peter Holton, Spectur managing director, said that the new funds will be used to expand into Melbourne and Sydney and then international markets.

Spectur has many Western Australian customers, who use their services for crime prevention, staff productivity monitoring and OH&S regulations.

Click here to read the full story on Spectur at The Business Insider

 

South Australia Is Planning To Build $650 Thermal Solar Power Plant

SolaReserve will build the biggest solar thermal power plant in the world as reported by The Sydney Morning Herald.

Read More

Enel Green Power and Dutch Infrastructure Fund Partners In Building 275MW Solar Farm

A joint venture between Enel Green power and the Dutch Infrastructure Fund has started construction of the 137.7 megawatts Bungala Solar One plant...

Read More

AGL will install Solar Batteries in 1,000 Homes as Back-up Power during High Demand

A network of 1000 solar-powered batteries, possibly the largest in the world, will be built and installed across Adelaide in what has been described...

Read More