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In this week’s briefcase, Australia's largest urban commercial microgrid opens at IKEA Adelaide and the South Australian tourism industry returns to pre-COVID normality. Plus upcoming business events in South Australia.
Grid technology firm eleXsys Energy it has completed a successful Series A capital raising of £3.65m (€4.22m) from predominantly UK and Australian resident investors. The company is the inventor and manufacturer of the eleXsys technology platform which enables optimised grid-connected commercial and industrial rooftop solar and battery microgrids. It provides a range of grid forming services, including dynamic voltage management, which addresses the increasing curtailment of surplus energy exporting into low voltage, urban and rural energy networks. The raise will allow the company t...