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Finance

50 public service jobs for Latrobe Valley with Solar Victoria

The Victorian Labor Party plans to locate its Solar Victoria agency in the heart of the state’s coal country. The agency is set to administer the state government’s proposed $1.3 billion Solar Homes program.

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Macquarie buys 90% stake in 322 MW solar portfolio in northern Mexico

The solar assets were acquired by the company’s unit, Macquarie Infrastructure and Real Assets (MIRA). Spanish developer, Eosol will maintain a 10% share in the projects.

South Australia launches 10 MW solar tender

The Berri Barmera Council has invited expressions of interest for the construction and operation of a 10 MW solar farm which will contribute to delivering a predictable and cost-effective renewable energy supply within the region.

New South Wales to host major renewable energy hub

Australia’s developer CWP Renewables has announced that its plans to add a 200 MW solar+storage project to the 270 MW Sapphire Wind Farm have been approved by the state government.

Victorian Labor makes $1.24 billion solar pledge

The Victorian government has announced a massive investment in renewable energy that will bring rooftop solar to 650,000 homes over 10 years. The systems will help Victorians save about $890 a year on their power bills with half-price solar panels at no up-front cost.

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Hanwha Q Cells reports lower revenue, swings to loss in Q2

At US$518.4 million, the quarterly turnover of the South Korean-German manufacturer was down 10.3% year-on-year, while its net result swung from a profit of $18.7 million in the second quarter of 2017, to a loss of $41.3 million in the latest quarter. Despite this, the outlook for full fiscal 2018 remains unchanged.

Another big Tesla battery on its way

South Australia readies to welcome another grid-scale Tesla battery – 25 MW / 52 MWh energy storage system to be installed at the Lake Bonney Wind Farm.

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1 GW renewable energy program launched in South Australia

SIMEC Zen Energy, the Australian energy arm of Sanjeev Gupta’s GFG Alliance, has officially launched its landmark US$1 billion (AU$1.38 billion) renewable energy initiative, announcing the details of its first project – the 280 MW Cultana Solar Farm.

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Collinsville solar project begins feeding electricity into grid

The first batch of solar panels at the 42.5 MW solar project, located next to the idled Collinsville coal-fired power station, have been switched on. The project is slated to reach full commercial operation in September.

GIG acquires Conergy solar portfolio and team

Green Investment Group, Macquarie Capital’s global green investment platform, has announced the acquisition of a significant solar development portfolio from German-headquartered EPC Conergy. The acquisition will see 88 solar experts join the GIG team.

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