Antinuclear

The company is behind the $17.5 million floating solar panels project currently being expanded in South Australia. They say their tracking and cooling technology produces 57% more power than land-based solar panels. It’s a big deal for the entire solar industry.

Chief executive Raj Nellore says that soon, more capital will be required to keep up with demand. Of listing on the ASX, he said ‘once we get to a certain size, [it] makes sense’.

Infratech has partnered up with the Centre for NanoScale Science and Technology at Flinders University (CNST) for research. CNST has backing from the South Australian state government. So their funding — and the partnership with Infratech — is subject to budget changes.

There are other forces that might pressure Infratech to go public sooner rather than later. For example, they may need to raise money to expand their US operations too. Their US entity was opened in June 2014. They signed their first US customer — the City of Holtville, California — in November. That’s pretty much all they’ve done there.

Whenever they do float, they won’t be alone. A small group of renewable energy companies are already listed on the ASX.

Which renewable energy companies are currently on the ASX?

Wave power  Carnegie Wave Energy [ASX:CWE] ………