This week we were presented with further evidence that cleantech is rapidly gaining mainstream status in Australia with the launch yesterday of the Sydney Cleantech Network (SCN).
An initiative of research and investment analysis provider Australian CleanTech, SCN will host a series of events at which emerging cleantech companies are given the opportunity to pitch for investment and partners.
The SCN has attracted some heavy hitting organisations as supporting partners – the Australian Securities Exchange, Clayton Utz, Macquarie Capital Advisors, KPMG, New Energy Finance and Griffith Hack – suggesting that corporate Australia has clearly begun to recognise the significant role cleantech will play in the global economy, and the quality of emerging Australian cleantech companies.
The five companies selected to pitch at the SCN launch were:
| Company | Cleantech Sub-sector | Overview |
| CMA Corp | Recycling | CMA Corporation Limited is a leading integrated Australian-based recycling group that provides products and services to customers in three continents. |
| Acoustica | Building Materials | Commercialising the world’s best “Green” Noise Barrier – Quietwave® Captive Membrane Technology. |
| T3Energy | Energy Efficiency | T3Energy’s solar space heating and super-insulated building technologies will reduce energy consumption in homes by up to 80%. |
| Azure Energy | Solar | The Azure Energy ALI system produces seven forms of energy from Solar Energy, in all weather conditions |
| Universal Power Storage | Energy Storage | Universal Power Storage’s Massive Electrical Storage technology has the potential to deliver the largest scale electrical storage system in the world. |
Ben said on February 20, 2012
Cleantech in Sydney has just been given a boost. Ignition Labs (www.ignitionlabs.com.au), Australia's first clean technology seed accelerator program, will be launched in March 2012. It gives successful applicants a 3 month mentoring program, cash and an investment roadshow to take great Aussie clean ideas to market.