Pacific Channel acquires ENGIE ‘startup studio’
Venture capital firm Pacific Channel has acquired ENGIE Factory Asia Pacific, a startup studio belonging to the ENGIE Group. The acquisition expands Pacific Channel's portfolio in the energy sector.
What does Pacific Channel's acquisition of ENGIE Factory mean for energy sector?
Energy sector tradies may see new tech solutions and innovation affecting tools, systems, and work methods as the startup studio develops under new ownership.
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Why it matters: Electricians and solar installers may eventually see perovskite panels, but the article gives no commercial timeline, so there is no immediate impact on installs, pricing or standards.
Clipsal launches Queensland electrical waste recycling trial through CNW Electrical branches
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Why it matters: Queensland electricians get a dedicated place to drop off electrical waste at CNW branches, which may make off-cuts and old products easier to dispose of responsibly.
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