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Finance

Revera Energy secures $213 million facility to accelerate pipeline in Australia

London-based clean energy developer Revera Energy has bagged a $213 million facility to accelerate a multi-GW pipeline in Australia and the United Kingdom.

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Armidale East BESS awarded long duration storage tender

FRV Australia has been awarded a long duration storage LTESA for 157.5 MW of its 315 MW / 1,260 MWh utility-scale Armidale East battery energy storage system.

Iberdrola marks two energy storage milestones in New South Wales

Clean energy developer Iberdrola Australia has been awarded a long-term contract for the New South Wales based 100 MW Kingswood battery energy storage system, and launched it’s 65 MW Smithfield battery.

Developer lands federal backing for 26 GW green hydrogen hub in WA’s Pilbara

Plans to build a 26 GW solar, wind, and green hydrogen project in Western Australia’s Pilbara are set to accelerate with the federal government providing a $21 million funding injection to further advance the project.

BNEF report shows drop-off in support for standalone solar

Investment in utility-scale solar in Australia dropped 35% in the second half of 2025 compared to the previous six months with Bloomberg New Energy Finance saying the growth of rooftop solar and a booming battery market are among the reasons for the precipitous decline.

Musk says solar space-based AI data centres possible in two to three years

Space-based solar could power AI more efficiently than on Earth, with full-scale deployment possible in two to three years, Elon Musk says SpaceX’s Starship launch vehicle and its reusable rockets aim to sharply reduce space access costs, enabling solar-powered AI satellites and potentially large-scale extraterrestrial energy infrastructure.

Engie buys out Eku to achieve 100% ownership of Hazelwood BESS

French energy company Engie has acquired London-headquartered Eku Energy’s minority stake in Engie’s 150 MW / 150 MWh Hazelwood battery energy storage system in Victoria.

Eraring extension sparks renewables investment concerns

Origin Energy’s decision to extend the operation of Australia’s largest coal-fired power station until 2029 has come under fire with the Institute for Energy Economics and Financial Analysis warning it creates uncertainty that could threaten new renewables investment.

Small-scale battery uptake exceeds 4.7 GWh capacity in six months

Australian households, small businesses and community organisations have installed a record-setting 200,000 battery energy storage systems since the launch of the federal rebate in July with the $7.2 billion initiative now expected to deliver more than 2 million home batteries by 2030.

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National recycling pilot to address solar panel waste issues

The Australian government will pump almost $25 million into a national solar panel recycling program in a bid to reduce landfill and recover valuable metals and minerals that can support the renewable energy transition.

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