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Finance

CleanPeak adds new projects to solar portfolio

Australian Renewables developer and operator CleanPeak Energy has added to its utility-scale solar portfolio with the acquisition of two ‘ready-to-build’ projects from Japan-headquartered developer Bison Energy Group.

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Lion lands $10 million deal to drive Queensland hydrogen hub forward

Lion Energy has struck a $10 million deal with Mitsubishi subsidiary DGA Energy Solutions Australia and Samsung C&T Corporation to jointly develop a green hydrogen generation and refuelling hub at the Port of Brisbane in Queensland.

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Energy workers job security in sight as Net Zero Economy Authority bill passes Senate

Coal and gas-fired energy workers and their communities are closer to being guaranteed support during Australia’s energy transition following the Australian Senate’s passing of the Net Zero Economy Authority Bill 2024.

Scientists set new efficiency target for monolithic perovskite-silicon tandem solar cell

Researchers at the University of Sydney have achieved 30% efficiency rating with a monolithic perovskite-silicon tandem solar cell and now have their sights set on a new target.

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Lightsource bp lands financing package for 150 MW NZ solar farm

Construction of a 150 MW solar farm will go ahead at New Zealand’s Christchurch Airport precinct with joint venture partners Lightsource bp and Contact Energy announcing a final investment decision on the project.

Genesis adds 114 MW solar project as part of 500 MW strategy

New Zealand power company Genesis Energy has taken another step in delivering on its commitment to build 500 MW of grid-scale solar by the end of 2028 with the acquisition of a 114 MW consented PV project on the nation’s North Island.

Tongwei to acquire Runergy

Chinese solar module maker Tongwei has presented a CNY 5 billion ($1.06 billion) offer to acquire rival manufacturer Runergy. If successful, the transaction will be the largest merger and acquisition deal in the PV sector this year.

AGL accelerates clean energy shift with 8.1 GW acquisition

Energy giant AGL has stepped up its transition away from coal and gas, adding a development pipeline of more than 8 GW of large-scale solar and battery energy storage projects to its portfolio with the acquisition of two Australian renewable energy developers.

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Indonesia relaxes local content rules for solar projects

Indonesia has moved to ease local content requirements for electricity infrastructure projects, including solar power plants, in a bid to attract more foreign capital and drive the development of renewable energy projects.

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Li-S Energy to build on battery plant with lithium foil facility

Queensland lithium-sulphur battery company Li-S Energy has capped the official opening of a 2 MWh cell production line in Victoria by announcing it has secured a $1.7 million federal government grant to develop Australia’s first lithium foil manufacturing facility.

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