New Zealand government-owned Genesis Energy and renewables partner FRV Australia have purchased an advanced 52 MW agrivoltaic solar project on New Zealand’s South Island. If the project meets its 2024 operational target as anticipated, it will be the country’s first utility-scale solar farm.

Malaysian oil giant Petronas is reportedly set to buy the Australian renewable assets of German developer Wirsol. With roughly 750 MW of solar and storage projects and nearly double that in development, the deal could be worth between $900 million (USD 625 million) to $1 billion, according to Reuters.

Japan’s largest oil company, Eneos, has opened a green hydrogen demonstration plant at Bulwer Island in Brisbane. While the scale of the project is relatively small, producing just 20 kilograms of green hydrogen a day, Eneos Senior Vice President Yuichiro Fujiyama says the company will expand the project’s scale “in near future.”

CleanPeak Energy, who have until now specialised in the C&I segment, have acquired the 13 MW Mugga Lane Solar Park in Canberra. CleanPeak reportedly bought the solar farm for between $30 million (USD 21 million) and $40 million, after it was placed into voluntary administration following a loan dispute.

A Victorian-based startup which claims to have developed a hydrogen enhancement kit that injects hydrogen into existing diesel engines to reduce diesel use, has begun the production of 10 commercial-ready systems. It will do field testing with the systems on sites of potential customers.

Sun Cable, the company behind the world’s largest solar and storage project, has officially gone up for sale after entering voluntary administration in January. Its administrator, FTI Consulting, is seeking binding offers of acquisition or recapitalisation by the end of April with a deal to be finalised by May’s end.

Last year was a tricky one for solar, with each segment from residential to commercial to utility behaving quite differently. The industry trends have been laid out in Sunwiz’s latest Australian PV Report and pv magazine Australia takes a dive into what happened and what there is to learn.

Australian renewable energy developer MPower has acquired the shovel-ready 5 MW Faraday solar project in Victoria. The purchase is part of the company’s broad mid-scale strategy.

Chinese manufacturer Longi has increased the product warranty for its Hi-MO 5m modules to 25 years in Australia and New Zealand. The company says the ten year boost comes “after identifying how important it has become for consumers to have full confidence and peace of mind at the time of choosing their solar system components.”

Commercial and industrial energy retailer SmartestEnergy Australia have signed a power purchasing agreement with Octopus Australia to offtake 25% of generation from its Darlington Point Solar Farm in New South Wales.