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Finance

Photovoltaic research and innovation essential to ensure energy security

Researchers from 11 universities globally, including the University of New South Wales, have collaborated on a paper advocating for the need to guarantee energy security, research in photovoltaics is essential for continued innovation.

Data centre energy spend rivals global solar investment

Rystad Energy says capital expenditure on data centers reached $1,086 billion in 2025, matching investment levels in photovoltaic infrastructure and surpassing upstream oil and gas.

Rooftop solar registrations reach record high with race on to make most of battery subsidy scheme

Australia’s rooftop solar market has surged 19% in the past month with the latest data revealing a record 341 MW of small-scale rooftop PV capacity was registered across the country in March as consumers also raced to install battery energy storage systems.

Annual rooftop solar savings total $26 billion: report

The Australian Rooftop Valuation Report, published alongside the official launch of AI-powered platform GreenSketch, finds Australian homes could be saving a collective $26 billion a year on electricity through solar – more than $3,000 annually for an average household.

Landowner renewable energy planning platform launched by RELA

RELA has launched an ARENA-backed platform, Assess 2.0, which gives landowners upfront insight into suitability for their property to host renewable energy projects, prior to entering negotiations with developers.

Rio Tinto deal to deliver $7.5 billion renewables investment in Queensland

Mining giant Rio Tinto will underwrite $7.5 billion of investment in new renewable energy generation and storage in Queensland after inking a deal with the federal and state governments to secure a long-term future for one of Australia’s largest aluminium smelters.

Queensland launches $200 million fund to partner on private sector renewable solutions

The Queensland government has launched a $200 million fund to support the private sector in delivering “bespoke” renewable energy generation, battery and microgrid projects across the state’s northwest.

Vena seals $200 million revenue sharing deal for NSW battery project

Vena Energy has secured a $200 million long-term revenue agreement that it says will bring the second stage of its 408 MW Bellambi Heights battery energy storage system being built in central-western New South Wales online later this year.

Octopus inks offtake agreement for Blind Creek solar and battery project

Just days after launching construction of its Blind Creek solar and battery project in southern New South Wales, developer Octopus Australia has inked an offtake agreement with renewable energy retailer Flow Power.

MGA Thermal lands new funding to scale renewable heat storage solution

New South Wales-based thermal energy storage system developer MGA Thermal intends to rapidly scale its manufacturing capacity and commercial capability after securing $17 million in new funding.

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