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Finance

Why Australia needs to recognise the electricity grid as our new national strategic asset

As energy security continues to dominate headlines, Australia is quietly setting records for renewable energy generation.

Solomons plan grid-scale solar project as Pacific nations push for faster transition

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.

Federal Budget cuts almost $2 billion from clean energy programs

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.

Asian investment fund fires up Climate Capital growth plans

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.

Solar sector raises $15.45 billion in Q1 2026 as debt financing hits decade high

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.

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Federal scheme supports 10 new generation and battery projects for WA

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.

Electric vehicle fleets kick-start fund closes 29 May but has $2.2 million to go

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.

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WA commits $1.4 billion to deliver clean energy ahead of coal plant closures

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.

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$1.5 million grant accelerates EV charger access for apartments

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.

Manganese demonstration processing plant awarded $2 million ARENA grant

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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