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Sydney solar and wind forecasting start-up seeks funds to tap booming global market


28 April 2021
The Sydney-based company behind an Australian made technology that helps forecast and optimise the output of large-scale wind and solar projects is seeking to raise to up to $5 million to accelerate its international expansion.
Fulcrum3D said on Wednesday that it was working with advisory firm Energy Estate to tap investors for $A3-5 million to increase its market reach and capitalise on the global renewable energy boom – particularly in the US, where a renewables friendly government has taken the wheel.
The company first launched its ARENA-backed advanced cloud tracking system on the Australian market in mid-2016, where it was soon been applied to major commercial and grid-scale projects, including the 25MW Katherine Solar Farm in the Northern Territory. ....

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