$1.2 billion loan revs Novonix plans for second US production plant
Australian-listed battery materials and technology company, Novonix, has bought land in Tennessee, USA, to expand existing operations there with a second mass production plant, funded in part with a $1.2 billion US Department of Energy loan.
First Nations solar and battery projects to share $5.5 million from clean energy fund
The government of Western Australia has announced seven successful project bids in round three of its clean energy future fund scheme, including two First Nations renewable energy projects that will share $5.5 million from a $16 million pool.
Research seeds domestic supply chain for sustainable aviation fuel alternatives
GrainCorp and Ampol have both received ARENA investment into feasability studies on growing a sustainable aviation fuels domestic supply chain in Australia.
Gelion sulphur battery research project gets $4.8 million funding boost
The Australian Renewable Energy Agency has granted New South Wales based battery manufacturer Gelion Technologies $4.8 million in conditional funding to implement its advanced commercial prototyping centre in Sydney.
Major NSW transmission projects get a towering $1.9 billion CEFC investment
The Clean Energy Finance Corporation has committed up to $1.9 billion to back developer Transgrid in delivery of tranmissions projects HumeLink and the New South Wales side of the Victoria-NSW Interconnector.
Kiwi developer’s 20 MW solar array to power 2,000 homes from 2025
Aotearoa New Zealand developer Far North Solar Farm has 70% of modules installed at its 20.8 MW Pukenui solar farm, earmarking early 2025 to start generating electricity.
Global expansion for Azzo technology made possible through USA investment
A United States clean energy investment company has backed Australian technology company Azzo to accelerate worldwide growth of its energy systems management platform.
WA capacity pricing benchmark swaps gas for batteries, and ups returns 57%
The Western Australian Economic Regulation Authority has determined both the peak and flexible benchmark reserve 2027/28 capacity prices to be $360,700 / MW / year, and represents a jump of 57% on the previous year.
Neoen lands $1.4 billion debt finance for an additional 1.3 GW of renewables
French renewables developer Neoen has more than doubled its Australian renewable energy portfolio financing by securing a further $1.4 billion of debt for an additional 1.3 GW of wind, solar and storage assets.
Lithium battery recycling study awarded share in $1 million electrification grant
The New South Wales Electrification and Energy Systems Network has awarded over $1 million in seed funding for groundbreaking projects focused on reducing carbon emissions through electrification.
