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Finance

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.

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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.

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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.

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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.

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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.

Energy transition technology startups raise record funds

Three Australia-based alumni of climate tech startup accelerator EnergyLab raised a collective $124 million in 2023 for their renewables and energy transition concepts.

Zen Energy starts construction on South Australian big battery

Adelaide-headquartered renewable energy gen-tailer Zen Energy will build South Australia’s second-largest battery energy storage system in a move expected to boost the reliability of electricity supply as the state gallops towards its 100% renewable energy target.

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Singapore developer advances move into Australian market

Singapore-headquartered renewable energy infrastructure developer Metis Energy has reached financial completion and pressed go for construction to start on the 94 MW Gunsynd Solar Farm being developed in southwest Queensland.

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