CleanPeak secures $500 million to grow solar and storage platform
Global investment firm KKR has committed $500 million to partner with Australian renewables company CleanPeak Energy and support the growth of its distributed energy platform, focusing on solar, battery energy storage, and microgrid solutions.
Perth battery manufacturer plans major expansion
Perth-based energy storage and off-grid power system specialist Magellan Power has launched a $15 million funding round to boost its manufacturing capabilities and support a “significant expansion” of its operations across Australia.
Calix green iron demonstration plant progresses with $44 million backing
Sydney-headquartered sustainability solutions company Calix Limited has secured a $44.9 million grant to build a zero emissions steel technology green iron demonstration plant in Australia.
$342 million transmission contracts to cement Western Australia’s transition
The Western Australia government has awarded $342 million to UGL Engineering, Acciona and GenusPlus for work on the Clean Energy Link – North major transmission project, which is key to the state’s clean energy transition.
36 MW solar to power approved green hydrogen and ammonia plant
Using 36 MW of solar generation with a 41 MWh battery energy storage system, the 15 MW Good Earth green hydrogen and ammonia project in northern New South Wales has achieved financial close.
Sustainable aviation fuel research stays the course with $4.2 million jackpot
UNSW researchers are set to scale up a next-generation electrolyser system that helps produce sustainable aviation fuel using renewable energy, thanks to a $1.2 million government grant and $3 million in industry support.
‘Mid-scale’ solar forms key part of new JV’s $500 million strategy
Melbourne-headquartered infrastructure and energy investment firm Kai Global and South Korea’s Wide Creek Asset Management have launched a $500 million joint venture dedicated to solar and battery energy storage projects in Australia.
First Nations renewable energy project participation boosted with new guide
The First Nations Clean Energy Network offers a first step template outline early engagement strategies and equity to be proponents through strong agreements, benefit sharing, and more.
Kardinia lands state funding to progress printed solar production facility
Printed solar technology startup Kardinia Energy, photoluminescence imaging specialist BT Imaging, and modular solar array manufacturer 5B are among 13 companies awarded more than $26 million in funding by the New South Wales government to support the commercial development of their clean energy tech.
Investors identify key challenges for renewables rollout
Planning and transmission delays top the list of development challenges for renewable energy investment in Australia with a new survey showing almost 50% of investors rate the country as only “somewhat attractive” for future projects.
