North Harbour lands funding to back twin battery projects
Australian renewables developer North Harbour Clean Energy has secured early-stage funding for two large-scale battery energy storage projects in New South Wales.
Federal renewables subsidy scheme expanded to 40 GW
The federal government is scaling up its support for renewables, expanding its flagship Capacity Investment Scheme in a bid to accelerate Australia’s clean energy transition.
NSW tender to target 500 MW of energy firming projects
The New South Wales government has launched a new tender seeking 500 MW of firming capacity to support the transition to renewables as its ageing coal-fired power stations are shut down.
Dutch investment giant APG pumps $1 billion into Australian renewables platform
Dutch pension fund giant APG Asset Management has committed more than $1 billion to expand the renewable energy platform of developer Octopus Australia.
CSIRO report shows firmed renewables remain lowest-cost option
Australia’s national science agency has reaffirmed its assessment that solar and wind energy backed by storage and transmission remain the lowest-cost new-build electricity generation technologies.
Tindo teams with UNSW to boost TOPCon cell performance
South Australia-headquartered solar panel manufacturer Tindo Solar will work with the University of New South Wales to accelerate the development of TOPCon solar cell technologies, targeting improvements in reliability and performance.
CleanPeak secures $500 million to grow solar and storage platform
Global investment firm KKR has committed $500 million to partner with Australian renewables company CleanPeak Energy and support the growth of its distributed energy platform, focusing on solar, battery energy storage, and microgrid solutions.
Perth battery manufacturer plans major expansion
Perth-based energy storage and off-grid power system specialist Magellan Power has launched a $15 million funding round to boost its manufacturing capabilities and support a “significant expansion” of its operations across Australia.
Fronius launches new battery to boost energy independence in Australia
Austrian solar technology firm Fronius has launched its new home battery system in Australia, completing its solar ecosystem. The Fronius Reserva offers seamless integration with existing Fronius PV systems, aiming to enhance energy resilience for households and small businesses.
BP backs out of 26 GW green hydrogen plan in WA’s Pilbara
Global oil giant BP has quit the proposed Australian Renewable Energy Hub that would include the installation of up to 26 GW of solar and wind generation, much of which would have been used to produce green hydrogen and ammonia.
