Lyon Group places solar and battery storage units into administration
The Brisbane-based solar and storage developer has placed Lyon Solar, Lyon Battery Storage and Lyon Infrastructure Investments 1 into voluntary administration after being embroiled in a court case over a wind up notice issued by one of its investors.
Risen Energy, Providence Asset Group confirm strategic partnership
In pursuit of its Australian target of at least 2 GW of renewable projects, Risen Energy has confirmed its partnership with Australia’s cleantech investor Providence Asset Group.
China confirms FIT level payments – but they will be ‘subject to competition’
The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.
ReNu Energy to acquire two SA solar farms
In an ASX announcement last week, Queensland-based independent power producer ReNu Energy said it had executed term sheets with Chinese solar developer Astronergy for the acquisition of two 5.8 MW solar farms in South Australia. The total cost to buy the projects and complete construction amounts to $17.2 million.
Victorian water corporations partner to purchase power from state’s biggest solar farm
Thirteen of Victoria’s water corporations have partnered to buy clean energy from the Kiamal Solar Farm in north-west Victoria, at a much cheaper rate than would be possible individually.
Genex appoints UGL as EPC contractor on 50 MW NSW solar farm
With the appointment of UGL, publicly-listed developer Genex Power has finalized a project delivery team for the 50 MW Jemalong Solar Farm.
Enel breaks ground on solar farm awarded in Victorian RE auction
Construction has been launched on the 34.2 MW Cohuna Solar Farm, one of the three winning solar projects in the first Victorian renewable energy auction.
Asset-management opportunities and challenges reach critical mass for large-scale solar
Australia’s first Solar Asset Management conference to be held June 26-27 in Sydney recognises a new phase for the country’s large-scale solar sector, as well as the urgent need to drive efficiency from projects, both in the planning and the 25- to 35-year O&M life stages of each project.
Carnegie gets $5 million lifeline, bids for liquidated microgrid arm EMC revealed
Following Carnegie Clean Energy’s voluntary administration, the administrators have revealed the bids its solar microgrid arm managed to attract. Meanwhile, a plan to restructure the company’s core wave power business has been approved by creditors, along with a decision to liquidate the EMC business.
Construction starts on UQ’s Warwick Solar Farm
Works have been launched on the 64 MW solar farm is the Darling Downs region. Once completed, the project could make the University of Queensland the world’s first university to offset 100% of its electricity needs from its own renewable energy asset.
