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Finance

$1 million raise charges up AVESS vanadium flow battery deployment

Australian energy storage technology company AVESS Energy has completed a $1 million capital raise enabling the progression of projects including vanadium flow battery deployment at the Windimurra Vanadium Project.

Solar and battery agreement signed between EDPR and QIC

Portugese renewable energy giant EDP, through EDP Renewables Australia, has agreed to partner with the Queensland Investment Corporation to deliver the Punchs Creek Renewable Energy Project near Toowoomba.

Ampyr to relocate 270 MW Davenport BESS to decommissioned coal station

Ampyr Australia will relocate the 270 MW Davenport battery energy storage system in South Australia under the new name Northern Battery to a decommissioned, coal-fired power station at Port Augusta, after acquiring it from Green Gold Energy.

Financial close reached on $900 million Blind Creek solar and battery project

Octopus Australia has brought the $900 million Blind Creek Solar Farm and Battery project, a local landholder-partnered agrisolar project, to financial close and into construction

$25.3 million finance to advance SunDrive copper solar cell technology

The Australian Renewable Energy Agency has committed $25.3 million to SunDrive to support its copper metallisation technology from development at its South Sydney facility to a 300 MW commercial-scale production tool.

GenOffGrid builds solar, lithium, diesel microgrid for Top End roadhouse

Microgrid developer GenOffGrid has launched a solar, lithium and diesel microgrid to power the Auski Munjina Village roadhouse in the Pilbara, Western Australia, over 1,300 kilometres northeast of Perth.

ARENA backs Fortescue technology trial at a Pilbara solar innovation hub

The Australian Renewable Energy Agency is backing mining giant Fortescue with $45 million in funding, to trial new technologies that include methods to accelerate large-scale solar deployment and next generation solar construction techniques, at a Pilbara solar innovation hub.

Akaysha Energy closes $460 million construction financing for Elaine BESS

Akaysha Energy has closed $460 million construction financing for its 311 MW / 1,244 MWh Elaine BESS in Victoria, where works have also begun, with financing underpinned by a 15-year virtual tolling agreement with Snowy Hydro.

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Brighte bags $40 million CEFC finance to boost consumer energy resources loans

Australian green lender Brighte has secured $40 million from the Clean Energy Finance Corporation under the federal government’s household energy upgrades fund, to support the roll out of up to $150 million worth of consumer energy resources.

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$139 million Series B raise takes Infravision aerial robotics to new heights

Australian start-up, Infravision, has raised $91 million Series B from investors led by GIC that will help accelerate the global deployment of its power line stringing and automated grid construction technology.

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