CIP acquires majority stake in Elgin Energy
Copenhagen Infrastructure Partners has acquired a majority stake in Elgin Energy that will help the Ireland-headquartered solar developer to transition into an independent power producer and grow its pipeline of projects in new and existing markets, including Australia.
Budget to bankroll phase two of clean energy transition
Former federal energy minister Greg Combet has indicated the May Budget will unleash big bucks for the next stage of Australia’s renewable energy transition, underwriting the nation’s charge to become a global wind, solar and green hydrogen superpower.
Beijing Energy adds retailer as part of Australian market strategy
Beijing Energy International’s push into the Australian renewable energy market continues at pace with the China-based company striking a deal to acquire energy retailer TPC.
Tindo backs SunShot to kickstart solar supply chain
Adelaide-based PV manufacturer Tindo Solar is expected to be among the first applicants for a grant from the Australian government’s $1 billion Solar Sunshot program as it looks to scale up its production capacity to compete in a growing domestic market dominated by imports.
Metis inks power purchase deal for first Australian solar project
Singapore-headquartered renewable energy infrastructure developer Metis Energy has locked in a renewables supply contract for its first major Australian project – the 94 MW Gunsynd Solar Farm being built in southwest Queensland.
Lightyears lands new funds for trio of community-scale solar farms
New Zealand renewables developer Lightyears Solar has announced it will roll out three new community-scale PV farms with a combined capacity of 18 MW after completing a $5.51 million (NZD 6 million) capital raise.
Neoen looks at Australian asset sale to help fund future growth
Renewable energy developer and independent power producer Neoen is reportedly considering selling a large portion of its Australian portfolio of clean energy projects that exceeds 3.75 GW of assets currently under construction or in operation.
SunDrive does deal with AGL in domestic solar panel push
Solar panel manufacturing in Australia has reached a new zenith with a commitment by two industry leaders to explore the possibilities of establishing a commercial-scale advanced solar panel manufacturing facility in the heart of New South Wales coal country.
Albanese announces $1 billion ‘pit to panel” solar manufacturing program
The Australian government will commit $1 billion to help build a domestic solar panel manufacturing industry that it anticipates will underpin the nation’s future as a renewable energy superpower.
Feds legislate standalone authority to support energy transition
The Australian government has introduced legislation to parliament to establish a new independent statutory authority that it expects will serve as a catalyst for the major project development, and private and public investment needed to support the clean energy transition.
