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Finance

Clean energy future outlined in draft Victorian 2025 transmission plan

The Victorian government has released its draft 2025 transmission plan, which sets out the proposed renewable energy zones and transmission projects the state will need to deliver power to the state by 2040.

Review beckons US investors to Australia’s clean energy market growth

American commercial real estate services and investment firm CBRE has released research analysis about Australia’s renewable energy market, finding government backing and increased investment have driven strong market growth.

EcoJoule reels in $3 million from Clean Energy Finance Corporation

Queensland voltage control specialist EcoJoule Energy has received a $3 million commitment from the Clean Energy Finance Corporation as part of its $15 million capital raise.

Remote Vanuatu healthcare centres fitted out with rooftop solar

Australian government initiative REnew Pacific in partnership with disaster relief organisation Respond Global are installing 20 off-grid solar power systems and refurbishing 20 additional health facilities in Vanuatu, to enable reliable 24/7 electricity in some of the island nation’s most remote communities.

Carnegie lands $2.1 million to progress wave power generation project in Spain

Wave energy developer Carnegie Clean Energy reports its subsidiary has received $2 million (USD 1.2 million) from the Spanish government to progress the development of its wave power technology, called CETO.

The rising energy demand from data centres: a global perspective

In recent years, the world has experienced a significant surge in the number of data centres, resulting in a rise in energy demand, posing both challenges and opportunities for the global energy sector.

Acen targets $835 million to fuel renewables expansion

Renewables developer Acen, a key player in the Australian energy transition, is returning to the capital market with plans to raise almost $835 million to fuel its expansion and investment in the clean energy sector as it seeks to almost triple its renewable energy capacity to 20 GW by 2030.

ClearVue lands tax credits to progress second generation insulated solar glass

Smart building materials company ClearVue Technologies has received over $1 million in research and development tax credits from the Australian Taxation Office, to progress a suite of projects, including its Generation 2 insulated solar glass.

Federation to launch multibillion-dollar energy storage platform

Australian investment firm Federation Asset Management has announced its intention to launch a new long-duration energy storage platform that is to have about 4 GWh of storage projects ready to take to financial close within two years.

Stanwell contracts for 1,010 MWh Stage 3 offtake from Supernode BESS

Australian energy infrastructure investor Quinbrook’s $1.4 billion Supernode battery project in Queensland will expand by 250 MW through an offtake agreement with state-owned Stanwell Corporation bringing the energy collosus to a total 750 MW / 2,540 MWh capacity.

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