As energy security continues to dominate headlines, Australia is quietly setting records for renewable energy generation.
The Solomon Islands and Asian Development Bank have signed an agreement to develop the country’s first large-scale solar project as Pacific energy ministers convene in Papua New Guinea calling for an accelerated renewable energy transition in Oceania.
The Australian government has in its latest Federal Budget stripped almost $2 billion from programs designed to accelerate the rollout of new clean energy systems.
Hong Kong-headquartered private equity firm Gaw Capital Partners has joined forces with Australian renewables developer Climate Capital as it seeks to advance an estimated $200 million pipeline of solar and storage projects.
Global corporate funding in the solar sector reached $15.45 billion (USD 11.1 billion) in the first quarter of 2026, with debt financing at its highest level in more than 10 years, says Mercom Capital Group.
Western Australia’s shift from coal and gas to renewables has taken a major step forward with the federal government backing more than 2 GW of new renewable energy and battery storage projects set to be built across the state.
The New South Wales government’s $5 million electric vehicle fleets incentive kick-start fund allocation still has $2.2 million in the coffers, with the application date to apply closing on 29 May 2026.
The Western Australia government will commit $1.4 billion to support clean energy transmission and network services projects to help deliver an increasing supply of renewable energy ahead of state-owned coal-fired power plant closure dates.
Electric vehicle charger designer ReadySteadyPlug has been awarded $1.5 million through ARENA’s Driving the Nation Program to help a rollout of its charging-as-a-service solution for residential apartments.
Western Australian Firebird Metals has been awarded $2 million through ARENA and the Battery Breakthrough Initiative to develop a demonstration-scale facility that processes manganese concentrate into cathode materials for batteries.
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