Two utility-scale solar projects reach $130 million financial close
European Energy has successfully reached financial close on a long-term portfolio financing package over $130 million to support the development and construction of two utility-scale solar projects based in Victoria and New South Wales.
Three months shaved off Capacity Investment Scheme tender wait times
The federal Minister for Climate Change and Energy Chris Bowen has announced the time taken to finalise tenders for the Capacity Investment Scheme will be reduced from nine months to six by cutting the two stage process to one.
Metlen refinances 420 MW Australian solar portfolio
Greek renewables and resources company Metelen Energy and Metals has refinanced a portfolio of seven solar farms spread across New South Wales and Queensland in a $460 million deal.
Australian rooftop solar sharing pioneer eyes European expansion
Australian rooftop solar sharing technology developer Allume Energy has closed a $10.4 million investment round, the proceeds of which will be used to accelerate the company’s international expansion into the United Kingdom and European markets.
Fluence secures state backing to grow Australian operation
United States-based energy storage tech giant Fluence Energy has announced an expansion of its Australian headquarters in Melbourne after locking in a “tailored investment” provided by the Victorian government.
Barriers to foreign clean energy investment need urgent reform: CEIG
The Clean Energy Investor Group calls for regulatory reform to give foreign capital faster processing, and is one of many recommendations to help unlock $421 billion needed to achieve emissions reduction targets and secure a clean energy future.
Sun-powered network keeps pace with 1,000% EV growth in four years
The installation of 34 new electric vehicle charging ports in Newcastle, powered by a council-owned solar farm, rises to meet a 1,000% surge in uptake of EVs in the city, in the past four years.
Voltavate to power up battery tech with Artesian backing
Australian battery tech startup Voltavate has secured $850,000 in an oversubscribed pre-seed funding round led by $1.22 billion global alternative investment management firm Artesian.
NSW pairs increased VPP incentive with national battery rebate
The New South Wales government has ended its home battery installation rebate, announcing it will instead provide up to $1,500 to households and small businesses that install a battery energy storage system and connect it to a virtual power plant.
Queensland boosts funding for CopperString project
The Queensland government has reinforced its commitment to the CopperString transmission line project that is to stretch across the state’s northwest, announcing it will allocate $2.4 billion towards the project.
