New Zealand’s energy security thrown multi-million dollar lifeline
New Zealand Green Investment Finance has provided $71.7 million to finance infrastructure and broader development activities required by Auckland-headquartered utility solar developer Far North Solar Farm.
Enel lands long-term PPA for Quorn Park solar and storage project
Zen Energy has struck a long-term agreement to buy the majority of energy to be generated at the $190 million Quorn Park solar and battery hybrid project being developed by Enel Green Power Australia in western New South Wales.
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.
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.
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.
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.
