Robotics company lands federal funds to scale up solar construction
Robotics company Luminous has secured almost $5 million in federal government funding to support the deployment of a fleet of AI-powered robots designed to accelerate the construction of utility-scale solar farms.
NSW green bank backs energy projects with $1 billion purse
The New South Wales government’s new green bank is now open for business with an initial $1 billion In funding available to accelerate key energy projects to support the state’s shift from coal-fired power generation to renewables.
Policy shifts needed to unlock existing transmission network capacity
Neara co-founder Jack Curtis says the opportunity to boost capacity of existing transmission networks is possible with smarter grid solutions and derisk reliance on new transmission projects facing potential delays.
The solar battery rebate scheme must not become ‘Pink Batts 2.0’
The Albanese Government’s $2.3 billion solar battery rebate scheme is one of the most exciting developments Australia’s energy sector has seen in years but if we don’t get the rollout right from day one, we risk undermining everything this scheme stands for and repeating the disastrous mistakes of the Pink Batts program.
Discounts don’t buy home battery trust in rebate landscape: study
A new study out of Curtin University in Perth has found that despite growing affordability from government rebates, Australian households hesitate to adopt home batteries due to significant non-financial barriers.
Future NEM reliability forecast to flounder without investment increase
AEMO forecasts potential reliability gaps as early as 2026-27 in South Australia and 2027-28 in New South Wales, based on current committed and anticipated projects, but new investment would narrow the risks.
NZ government funding to support solar farm builds
The New Zealand government will provide a local council with more than $14 million in funding to help build a 2 MW solar farm and 4 MWh battery energy storage system to reduce the community’s current reliance on diesel generators for power.
Indonesia’s Pertamina secures stake in Citicore Renewables
Indonesian state-owned energy company Pertamina New & Renewable Energy has acquired a 20% stake in Philippine solar developer Citicore Renewable Energy Corp. for about $186 million, with both companies planning joint investments in solar and other renewable projects in Indonesia.
CleanPeak completes $465 million refinancing deal
Australian renewable energy infrastructure developer and operator CleanPeak Energy has closed a $465 million portfolio debt refinancing deal enabling it to move forward on several projects expected to achieve financial close in the next 12 months.
WA Budget measures designed to bolster local battery manufacturing
The Western Australian government has committed $50 million to scale up the local battery manufacturing industry to take advantage of an expected surge in demand for household energy storage systems.
