Investment in solar, wind drops 64% as headwinds blow
Investment in new large-scale solar and wind in Australia fell by 64% year-on-year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.
Australia can hit an 85% emissions cut by 2035 – if government and business seize the moment
Discussions are hotting up over Australia’s 2035 emission reduction target, which the federal government is due to reveal by September this year. It will be a crucial announcement, for several reasons.
Landholders scoop $30,000 per hectare per year to host 5 MW batteries
Renewable energy land brokerage Rok Solid has found landowners in Queensland, New South Wales, and Victoria are being offered $30,000 per annum to lease one hectacre of land for a 30-year term.
Solar Sunshot shines $4.7 million on ingot and wafer manufacturing
Stellar PV is $4.7 million closer to bringing advanced solar manufacturing back to Australia with new funds for a feasibility study of a 2 GW low-emissions polysilicon ingot pulling and wafering facility near Townsville, Queensland.
Energy Vault firms up 1 GWh Stoney Creek BESS acquisition
The full acquisition of the 1 GWh Stone Creek battery storage system to Energy Vault is complete, and precedes a USD $300 million preferred equity investment to launch its Asset Vault subsidiary.
Pacific Green signs 2 GWh capacity revenue swap agreement with Re2 Capital for Australian battery portfolio
The seven to 10-year revenue swap arrangements will support projects in four Australian states, and brings 3.5 GWh in deals done just this week by Pacific Green.
First Nations corporation secures 5% equity stake in $340 million big battery
A First Nations community-led corporation located in Wellington, New South Wales, has secured a 5% equity stake in the $340 million Bulabul Battery, formerly known as the Wellington battery storage system, and in partnership with AMPYR Australia.
60% of Queensland electricity from rooftop solar by 2035 a ‘no-brainer’
A Queensland report says 60% of the states’ electricity could be generated by rooftop solar and distributed battery storage by 2035, if the state supports a host of initiatives resulting in further rollout of consumer energy resources.
Tindo to scale up production capacity with Solar Sunshot support
Australian solar module manufacturer Tindo Solar will look to ramp up domestic production capacity after securing funding through the federal government’s $1 billion Solar Sunshot Program.
FRV Australia reaches financial close on its biggest battery
Saudi-backed Fotowatio Renewable Ventures Australia is advancing plans to build what will be its biggest battery project in the country after reaching a final investment decision on a 500 MWh energy storage system proposed for southern Victoria.
