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CSIRO’s latest venture gains $15M to advance solar thermal tech, reduce industrial emissions

FPR Energy, a new venture established by CSIRO, Australia’s national science agency, has raised $15 million in seed funding to advance next-generation solar thermal technology. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.