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.
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.
$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.
Nextracker’s Earth Truss tackles tough terrain to unlock land for solar projects
United States-headquartered solar technology platform provider Nextracker has launched the NX Earth Truss foundation solution, that tackles tough terrain to unlock land for solar projects.
Significant benefits from clean energy project investment with First Nations
A new First Nations Clean Energy Network in collaboration with Ernst and Young report recommends investors in clean energy projects in Australia accelerate and enjoy the value add-ons and economic benefits that partnering with First Nations groups can bring.
White elephant? Hardly – Snowy 2.0 will last 150 years and work with batteries to push out gas
When Snowy 2.0 is in the news, it’s usually about money. The cost of the huge project has gone well beyond the initial $6 billion estimate and will now cost more than $12 billion.
Relectrify next-gen storage system fast tracked with $25 million ARENA backing
Victoria-headquartered battery technology company Relectrify has received $25 million ARENA backing to help deploy it’s CellSwitch inverterless technology, which promises to deliver 20% more energy over a battery system’s lifetime.
Community solar and battery projects empowered by new incubator program
The Community Power Agency has launched a two-year pilot program to support communities with tailored training, mentoring and starter funding to move mid-scale solar and battery projects from early feasibility to investment readiness.
Livium secures boost for battery and solar panel recycling strategy
Australian clean energy technology recycling solutions company Livium has completed a $4.5 million capital raise to fuel its expansion strategy, including driving battery collection growth and accelerating its solar panel recycling plans.
5 GW renewable generation sought in Capacity Investment Scheme Tender 7
Bids have opened for the Capacity Investment Scheme Tender 7 seeking 5 GW of generation in the National Electricity Market, with caveats to be operational by 31 December 2030 and have a forecast generation profile that displaces more fossil fuel generation.
