NSW government throws weight behind first urban renewable energy zone
EnergyCo and New South Wales government representatives have given impetus to the proposed Illawarra renewable energy zone, tipped to be the state’s first urban REZ, and setting a benchmark for future clean energy collaborations.
5B’s Maverick technology shines with $46 million Solar SunShot backing
Modular solar developer 5B is Australia’s first recipient of the federal government’s $1 billion Solar SunShot program, receiving $46 million to increase the manufacturing capacity of its Maverick unit.
US private equity giant targets Australia, UK with renewables platform
United States-headquartered private equity group Carlyle has launched a new clean energy infrastructure platform focused on developing and operating a portfolio of utility-scale renewables projects in Australia and the United Kingdom.
WoodMac tips Australia to fall short of 82% renewables goal
Global analytics firm Wood Mackenzie predicts Australia will fall well short of its target of 82% renewable generation by 2030 due to grid connection delays, inadequate investment and moves from some state governments to scale back their clean energy ambitions.
Clean energy future outlined in draft Victorian 2025 transmission plan
The Victorian government has released its draft 2025 transmission plan, which sets out the proposed renewable energy zones and transmission projects the state will need to deliver power to the state by 2040.
Review beckons US investors to Australia’s clean energy market growth
American commercial real estate services and investment firm CBRE has released research analysis about Australia’s renewable energy market, finding government backing and increased investment have driven strong market growth.
EcoJoule reels in $3 million from Clean Energy Finance Corporation
Queensland voltage control specialist EcoJoule Energy has received a $3 million commitment from the Clean Energy Finance Corporation as part of its $15 million capital raise.
Remote Vanuatu healthcare centres fitted out with rooftop solar
Australian government initiative REnew Pacific in partnership with disaster relief organisation Respond Global are installing 20 off-grid solar power systems and refurbishing 20 additional health facilities in Vanuatu, to enable reliable 24/7 electricity in some of the island nation’s most remote communities.
Carnegie lands $2.1 million to progress wave power generation project in Spain
Wave energy developer Carnegie Clean Energy reports its subsidiary has received $2 million (USD 1.2 million) from the Spanish government to progress the development of its wave power technology, called CETO.
The rising energy demand from data centres: a global perspective
In recent years, the world has experienced a significant surge in the number of data centres, resulting in a rise in energy demand, posing both challenges and opportunities for the global energy sector.
