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Finance

Investment in firmed renewables a key to securing domestic green iron production

Independent clean energy think tank Climate Energy Finance has called for a $20 billion Future Fund mandate to enable renewables-powered processing of green metals and for measures to accelerate investment in firmed renewable energy at scale.

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Third CIS tender seeks 4 GW / 16 GWh dispatchable capacity for the NEM

The Australian government’s Capacity Investment Scheme Tender 3 has opened seeking 4 GW / 16 GWh of dispatchable capacity for the National Electricity Market, with Victoria receiving the largest slice of the pie with a 1 GW / 4 GWh allocation.

Global partnership opens new opportunities for Zen Energy

Australian energy gen-tailer Zen Energy is considering offshore opportunities, eyeing energy storage and green hydrogen projects in Taiwan and potentially other countries after securing a $43 million investment from Taipei-listed developer HD Renewable Energy Co.

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1.4 GW of new renewable generation gets go-ahead for construction

Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial commitment in the third quarter of 2024.

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Eku Energy reaches financial close on 500 MWh ACT battery

Battery storage platform Eku Energy has achieved another milestone in the development of its global energy storage portfolio, reaching financial close on the 250 MW / 500 MWh Williamsdale battery project to be built in the Australian Capital Territory.

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Trina targeting Australian-made solar modules by 2027

Chinese manufacturing giant Trinasolar says it could be making panels in Australia as soon as 2027 as part of its joint-venture plans with Sydney-based PV innovator SunDrive Solar.

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Livium lands state support to develop WA battery recycling plant

Battery technology company Livium’s recycling subsidiary Envirostream Australia has secured an $850,000 grant from the Western Australia government to develop a battery recycling facility in the state.

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Quinbrook announces sale of Energy Locals retail platform

Renewable energy focused investment manager Quinbrook Infrastructure Partners has offloaded electricity retailer Energy Locals to a consortium led by Australian fund manager Palisade Impact.

AnteoTech lands $4 million boost for homegrown battery tech

Queensland-based energy tech company AnteoTech has secured almost $4 million in funding from the Australian Renewable Energy Agency to help fast-track the development of its silicon-dominant lithium-ion battery anode technology.

WA trio receives funding to pilot ‘transformational’ approach to critical mineral production

A Western Australian trio developing a novel ‘closed loop process’ for producing high purity alumina used in lithium-ion batteries has secured a $2.87 million grant from the Australian government.

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