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Finance

Market newcomer Anza Power lands 1.4 GW solar, 3.4 GWh battery pipeline

Renewable energy platform Anza Power has launched in the Australian and New Zealand markets with the acquisition of a 1.4 GW pipeline of solar developments and more than 3.4 GWh of battery energy storage projects from developer Bison Energy.

Buyers line up to take look at Zen Energy portfolio

Renewable energy developer and retailer Zen Energy is up for sale with the Australian firm’s expanding portfolio of solar and energy storage projects and offtake agreements attracting interested from both local and international investors.

WA launches $9 million funding round open for clean energy projects

The Western Australian government has opened a new round of funding under its $37 million Clean Energy Future Fund with $9 million available to back “practical” clean energy projects that help diversify and decarbonise the state’s economy.

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WA backs Traditional Owners’ 5 GW green energy parks target

The Western Australia government has committed $2.7 million to support a Traditional Owner group in its bid to develop solar and battery energy storage projects with up to 5 GW of capacity in the state’s Pilbara region.

Flow Power reaches financial close on first standalone battery

Renewables developer and electricity retailer Flow Power has reached financial close on its Bennett’s Creek battery energy storage project being developed in the heart of Victorian coal country.

IND targets global rollout of grid fault detection technology

IND Technology, the electricity grid safety start-up that was spun out of RMIT, has raised $50 million to help accelerate the global rollout of the company’s early fault detection technology.

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New tool tracks Australian government renewable energy investments

The agency tasked with helping manage Australia’s move to a net-zero economy has launched an interactive map featuring more than 800 Commonwealth-supported utility scale renewable energy and net-zero projects, transmission lines, and industrial projects.

Bowen commits extra $5 billion to home battery subsidy

The Australian government has announced a major expansion of its Cheaper Home Batteries program, raising the funding allocation from the original $2.3 billion to approximately $7.2 billion over the next four years.

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Singapore energy giant Sembcorp buys Alinta Energy for $6.5 billion

Sydney-based energy gentailer Alinta Energy has been purchased from owner, Hong Kong conglomerate Chow Tai Fook Enterprises by Singaporean energy company Sembcorp Industries for $6.5 billion.

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Potentia Energy secures $830 million financing to support portfolio growth

Potentia Energy has completed an approximately$830 million portfolio financing package supporting its operating renewable energy assets and the delivery of new projects across Australia, comprising more than 600 MW capacity.

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