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Renascor finalises $15m capital raise, on track to be world’s first battery-grade graphite producer outside of China 

South Australian company Renascor Resources this morning confirmed it had raised $15 million from institutional investors in Australia and abroad, enough to fund its Siviour Battery Anode Material Project up to the construction phase. The project is on track to become the world’s first integrated mine and purified spherical graphite operation outside of China.

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Solar discrimination sees electricity retailer fined $300,000

Powershop has been fined $300,000 after Victoria’s Essential Services Commission found the energy retailer was offering solar customers more expensive electricity plans than non-solar customers.

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Coles signs two major agreements after becoming final supermarket to switch to 100% renewables

After recently joining the rest of Australia’s supermarket chains by pledging to be 100% powered by renewables by 2025, Coles today announced it had signed power purchasing agreements with both Engie and Neoen.

AGL boss quits following decision to split the business

AGL’s Managing Director and CEO, Brett Redman, has left the company after he told its board he believed “he could not make a long-term commitment” as the energy giant moves to split into two separate entities.

Big battery market gets a leg up as rule maker proposes rewards for fast grid responses

The Australian Energy Market Commission, the country’s rule maker for electricity and gas markets, has this morning released proposals to reward fast frequency services in the National Electricity Market for the first time.

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Spotlight on Australian solar – what’s working, why, and where there’s room to grow

Company Solahart, which originated in Perth, has delivered a heartening snapshot of solar Australia. It found the country deploys renewable energy 10 times faster per capita than the global average, four times faster per capita than in Europe, China, Japan or the U.S.A. Solahart examined what motivates different demographics of Australians to install solar and which parts of the country are most suited to solar.

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Tasmanian sheep farm installs flow battery-based microgrid system

Redflow’s Systems Integration Architect and largest shareholder has brought his work home, installing a 280kWh Redflow battery-based microgrid at his sheep farm in northwest Tasmania.

Federal government commits a further $275m to regional hydrogen hubs, devotes similar sum to controversial technology

Australia’s federal government has pledged a further $275.5 million to develop regional hydrogen hubs and $263.7 million for carbon capture and storage technology in a pre-budget announcement ahead of the climate summit on Thursday.

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NSW installer receives unexpected response from customers after switching exclusively to microinverters

Solar installer Jake Warner has received surprising feedback from his customers after he chose to transition his company, Penrith Solar, exclusively to microinverters two months ago. “What I found is actually the opposite to what I expected,” Warner told pv magazine Australia.

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Australia’s top dairy processor signs 10-year renewable power purchasing deal

Australia’s largest dairy processor, Saputo Dairy Australia, has signed a 10 year power purchasing agreement with French-owned power company Engie to reduce its emissions through renewably sourced electricity.

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