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Finance

Acen seeks federal approval for big battery in Queensland coal country

The Australian arm of Philippines-based energy company Acen Corp is seeking federal government approval to build a 440 MW / 1,760 MWh battery energy storage system in the heart of Queensland coal country.

Foresight’s renewables fund secures $700 million to support portfolio growth

The Australian Renewables Income Fund, a renewable energy fund managed by British infrastructure investor Foresight Group, has raised $700 million to refinance existing projects and expand its portfolio.

Clean energy investment boom buoys decade-long grid reliability forecast

The Australian Energy Market Operator’s 2025 electricity statement of opportunities 10-year report finds investments needed to maintain reliability in the national electricity market are well on track.

Solar and battery-backed microgrids planned for remote communities

The clean energy transition is extending its reach with three communities in the isolated far west of South Australia set to transition away from high-cost diesel generation to solar and battery energy storage-based microgrids.

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AMSL Aero lands funding to fuel hydrogen eVTOL plans

A Sydney start-up working to get its liquid hydrogen-powered, long-range plane into commercial operation has landed $3 million in federal government funding to further develop the technology and showcase its full potential in real-world environments.

$500 million program launched to boost battery manufacturing sector

The Australian Renewable Energy Agency has launched a $500 million initiative aimed at supercharging Australia’s battery manufacturing industry and seizing opportunities associated with the global renewable energy transition.

Big battery asset pipeline forecast to recharge AGL’s future earnings

AGL Energy’s end of financial year results see earnings growth from its battery portfolio and is banking on its future renewable energy development pipeline to herald more of the same as aging coal fired power phases out over the coming decade.

$400 million raise supports growth of Atmos Renewables platform

A trio of superannuation giants have pumped $400 million into Australian solar, wind, and battery storage developer Atmos Renewables with the funds to support two projects that will take the company’s portfolio above 1.5 GW.

NRN secures $67 million to scale up ‘no-cost’ solar and battery platform

Clean energy infrastructure startup National Renewable Network has secured $67.2 million in fresh funding to accelerate the rollout of no-cost solar and battery energy storage systems across Australia.

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Energus to run feasibility study for solar-grade polysilicon production facility

Commercial solar specialist Energus will investigate the viability of building a 50,000 tonne-per-year solar-grade polysilicon production facility in the New South Wales Hunter Valley as part of broader plans to boost domestic PV manufacturing capability across Australia.

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