Saturday, August 12, 2023

Upstream a Solar Energy company has raised $20 million






 Upstream  a Solar Energy company founded by Nathan Begley has raised $20 million from MA Financial’s growth ventures business. 


Upskilled helps corporates go solar and save money !


Upskilled places solar panels on its clients’ sites, who then purchase energy from Upstream, instead of the grid at a lower cost.


They currently operate 15 megawatts of rooftop solar energy and battery storage and is looking to reach 100 MW in three years.


“The generation amount of coal fired power stations that will be shut down in the next 11 years is the same amount of generation needed by the state of NSW at 7.00am in the morning – 7 GW or 7 million kilowatts. To power the electric vehicles needed in future is 40 times that amount. We need to invest massive amount of money and innovation into fixing this problem.“

Nathan Begley, Managing Director of Upstream Energy

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