RNE 0.00% 0.1¢ renu energy limited

I don't mind that the government now wants to throw money at...

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  1. 11,120 Posts.
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    I don't mind that the government now wants to throw money at microgrids. Whichever way the election goes, there will be opportunities for companies like ReNu Energy.

    Being able to incorporate solar and bioenergy should put RNE ahead of many of it's competitors.

    All that is missing is a partnership with a company that specialises in energy storage but that shouldn't be too hard to organise.

    "The Morrison government will use next week’s budget to roll out funding for micro-grids in regional and remote communities, including in the hotly contested electoral battleground of north Queensland.

    The budget is expected to include a new $50.4m fund to support exploratory work for up to 50 projects in regional and remote communities, with feasibility studies investigating whether building a micro-grid is cost-effective and whether existing off-grid capabilities can be upgraded with more up-to-date technology."


    https://www.theguardian.com/australia-news/2019/mar/28/budget-to-roll-out-funding-for-micro-grids-to-power-regional-communities
 
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