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Finance

CEFC pumps $3.8 billion into Marinus Link project

The proposed Mainus Link undersea high-voltage interconnector between Tasmania and Victoria is advancing towards construction with financing now locked in and suppliers issued with “notice to proceed” on key components.

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JV partners give go-ahead for first stage of 400 MW NZ solar farm

Construction of one of New Zealand’s biggest solar farms has been given the green light with joint venture partners Meridian Energy and Nova Energy announcing they have reached final investment decision on the initial 200 MW stage of the planned 400 MW project.

Renewable energy zone communities negatively impacted: report

The New South Wales Upper House’s first report on the impact of renewable energy zones on rural and regional communities has found residents in proximity to the Central-West Orana REZ have been negatively affected.

$2.9 million to boost regional energy workforce in Central-West Orana REZ

Coinciding with National Skills Week, the NSW government has announced a $2.9 million grant to develop the Central-West Orana Renewable Energy Zone’s workforce, one day after a new Powering Skills Organisation report says an additional 42,000 energy workers are needed to meet 2030 targets.

TagEnergy scoops multiple clean energy projects with ACE Power acquisition

Portugal-headquartered TagEnergy has acquired German-owned early-stage developer ACE Power, adding approximately 6 GW of battery, wind and solar projects to its already significant portfolio in Australia’s clean energy sector.

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Pacific Channel fund to support 10 GW renewables portfolio in NZ

Venture capital outfit Pacific Channel has launched a new renewable energy development fund to accelerate the development of more than 10 GW of large-scale solar, wind and battery energy storage projects across New Zealand.

Acen seeks federal approval for big battery in Queensland coal country

The Australian arm of Philippines-based energy company Acen Corp is seeking federal government approval to build a 440 MW / 1,760 MWh battery energy storage system in the heart of Queensland coal country.

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Foresight’s renewables fund secures $700 million to support portfolio growth

The Australian Renewables Income Fund, a renewable energy fund managed by British infrastructure investor Foresight Group, has raised $700 million to refinance existing projects and expand its portfolio.

Clean energy investment boom buoys decade-long grid reliability forecast

The Australian Energy Market Operator’s 2025 electricity statement of opportunities 10-year report finds investments needed to maintain reliability in the national electricity market are well on track.

Solar and battery-backed microgrids planned for remote communities

The clean energy transition is extending its reach with three communities in the isolated far west of South Australia set to transition away from high-cost diesel generation to solar and battery energy storage-based microgrids.

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