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.
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.
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.
$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.
PowerPlus to triple battery production capability with ARENA grant
Australian battery designer and manufacturer PowerPlus Energy has secured $2.3 million in federal government funding that will support its plans to triple annual battery module production capacity to 150 MWh over the next two years.
Pacific nations call for 100% renewables, back fossil fuel non-proliferation treaty
On the back of state of emergencies recently declared across multiple Pacific nations, six island countries have united in a call for a fossil free Oceania and immediate transition to 100% renewable energy economies.
CleanPeak Energy to acquire Sustainable Energy Infrastructure portfolio
Sydney-based renewable energy company CleanPeak Energy Holdings has agreed to acquire Adelaide-headquartered owner and developer of solar and battery assets Sustainable Energy Infrastructure.
Victoria extends solar for apartments scheme to 30 June 2027
The Victorian Solar for Apartments program has been extended to 30 June 2027, giving applicants to the $16 million program an additional 14 months to secure grants.
