Clean energy to ignite $36 billion construction boom from 2026
A new report predicts that electricity will become the country’s largest infrastructure investment sector from 2026, driven by a boom in renewable energy construction, with solar construction projected to also peak around $5.7 billion in 2027/28.
Big batteries supercharge 2025’s first quarter adding 1.5 GW storage capacity
To the tune of $2.4 billion, six utility-scale battery storage projects reached financial close in the first quarter of 2025 kickstarting the year with 1.5 GW of storage capacity and 5 GWh of energy output.
OX2 Muswellbrook solar and battery project approved
The New South Wales Independent Planning Commission has provided the tick of approval for a 135 MW solar farm and a 135 MW / 270 MWh battery project being developed at the site of a former coal mine in the Hunter Valley.
SEC renewables to power 5% of Victoria’s electricity market
Victoria’s government-owned State Electricity Commission has re-entered the retail market with the signing of contracts that will see it power approximately 5% of the state’s electricity market.
Pacific Energy completes $2 billion funding raise to boost growth plans
Queensland-based investor QIC’s remote and off-grid power specialist Pacific Energy has successfully completed an almost $2 billion refinancing and equity raise that will bankroll the Western Australian company’s growth plans.
8 MWh battery system to help power WA lithium project
An 8 MWh battery energy storage system is now helping power one of the largest hard-rock lithium mines in the world with Western Australia-based miner PLS advancing its plans to reduce its energy-related emissions intensity and costs.
Potentia celebrates delivery of 93 MW Girgarre solar project
Potentia Energy, the recently renamed joint venture between Italy’s Enel Green Power and Japan’s Inpex, has announced the successful delivery of the 93 MW Girgarre Solar Farm in Victoria.
Risen secures grid connection approval for New South Wales battery project
China-headquartered solar panel supplier and solar farm developer Risen Energy Australia has received approval to connect it’s proposed 100 MW / 400 MWh Coleambally battery storage system to the grid.
AEMO provides connection approval for DC-coupled solar and storage project
Construction of a 300 MW solar farm and 486 MWh battery energy storage project planned for southeast New South Wales is scheduled to commence later this year after developer Octopus Investments Australia received critical grid connection approval.
US private equity giant targets Australia, UK with renewables platform
United States-headquartered private equity group Carlyle has launched a new clean energy infrastructure platform focused on developing and operating a portfolio of utility-scale renewables projects in Australia and the United Kingdom.
