Flow Power adds solar and battery project to development pipeline
Victoria-headquartered renewables developer and electricity retailer Flow Power has added another solar and battery project to its portfolio with the acquisition of the Dunedoo Energy Project planned for central west New South Wales.
Printed solar manufacturer lands $2.15 million grant
Kardinia Energy has received a federal grant worth $2.15 million to help scale production of its Newcastle-based printed solar technology.
Lightsource bp finds buyer for 1 GW solar portfolio
Macquarie-backed Aula Energy has supercharged its renewable energy ambitions with the acquisition of five utility-scale solar farms in Australia and a development pipeline of up to 800 MW of co-located battery energy storage projects from British-owned developer Lightsource bp.
Clean energy harvest in store for New Zealand solar on farms trial
A New Zealand government program subsidising and testing battery storage and solar systems on farms across the country, have announced an inaugural uptake of 32 agricultural businesses have signed on to its Solar on Farms program.
NSW transformer manufacturer lands $22 million expansion grant
A New South Wales-based manufacturer of power and distribution transformers has been granted $22 million from the state government as part of a $52 million outlay to “supercharge” renewable energy manufacturing sectors.
Global-warming-induced degradation could raise rooftop solar LCOE by up to 20%
A global study finds climate change will sharply increase high-temperature risks, accelerate degradation, and raise costs for rooftop PV, with economically disadvantaged regions hit hardest. Researchers warn current IEC standards underestimate future risks, urging urgent updates to avoid stranded assets and rising electricity costs.
Australian battery manufacturer lands funds for expansion plans
Perth-headquartered energy storage and battery-based power systems specialist Magellan Power has teamed with specialist investment manager Viburnum Funds to boost its manufacturing capabilities and fund expansion in Australia and internationally.
Investment rally coincides with renewables records in NEM
A record five large-scale renewable energy generation projects totalling 1.2 GW of capacity reached financial close across Australia in the last quarter but industry figures say more needs to be done to ensure that investment momentum continues.
NSW pledges $15 million to boost renewable energy workforce
Jointly funded with the Australian government, the New South Wales government is investing $15 million over four years to train the skilled workforce needed for the state’s renewable energy rollout.
Neara closes $90 million Series D funding round, reaches $1.1 billion valuation
Sydney-based critical infrastructure digital twin modelling company Neara has closed a $90 million Series D funding round to accelerate its focus on solving global infrastructure challenges.
