Finance

Two Western Australian mines will be powered by renewable energy hybrid microgrids echoing a global shift away from fossil fuels in the mining sector.

Melbourne-based Presbyterian Ladies’ College will be powered solely by wind and solar with the help of a power purchase agreement inked with electricity retailer Flow Power and on-site PV.

Mildura Rural City Council reports a milestone in helping businesses to upgrade their buildings with solar and become more energy efficient and sustainable, while Greater Shepparton sees great results from going solar.

Sydney headquartered MinterEllison has released a wide-ranging international survey that found that renewable energy investors stand ready to increase their activities in the next two years. Australian renewable greenfield projects are particularly attractive, with U.S. investors most likely to play an increasingly active role in the marketplace. 

With the trading suspension lifted, the ASX-listed contracting company says its fear of cost blowouts on a 34 MW Victorian project has been allayed by the ongoing good faith negotiations with client Enel Green Power.

Federal trade authorities have ruled that bifacial solar modules are no longer subject to the Section 201 ruling, which currently apply a 25% tariff to most solar modules imported to the United States.

Japan’s J-Power will invest up to $25 million in the Sydney-based publicly listed renewables developer. The investment will underpin the construction of Genex’s landmark pumped hydro project in northern Queensland.

The French renewables giant has reached financial close for the 256.5 MW Kiamal Solar Farm with the support of a group of Australian and European financial institutions. Additionally, Australia’s green bank Clean Energy Finance Corporation entered the project by taking a minority equity stake.

The world famous iconic building has marked the World Environment Day with a series of sustainability announcements, including contracts to source wind and solar power from major NSW projects.

Though a new platform established in response to the climate crisis, Australian musicians will be investing in solar farms across the country. The first solar farm being built with their help is Brigalow.