Canadian buyer reveals growth plans after $1.1 billion Edify takeover deal
Australian renewables developer Edify Energy has been snapped up by Canadian investment group La Caisse which has plans to accelerate the development of the company’s more-than 11 GW pipeline of solar and battery energy storage projects.
Australian climate target prioritises clean electricity across the economy
Australia’s 2035 climate change target prioritises clean electricity across the economy based on decarbonising and expanding the electricity network, supported by new transmission and storage, including household batteries.
Hydrostor secures $82 million for Broken Hill long-duration storage project
Canadian long-duration energy storage developer Hydrostor has secured $82.6 million in funding to support its 200 MW Silver City Energy Storage Centre project being built in Broken Hill, New South Wales.
CIS tender supports 16 big battery projects totalling more than 15 GWh
Sixteen battery energy storage projects with a combined capacity of 4.13 GW / 15.37 GWh have been named as the winners of the Australian government’s latest Capacity Investment Scheme tender.
Lab360 lands funding to help get drone-based solar inspection tech off the ground
Australian photoluminescence imaging specialist Lab360 Solar will look to make the leap from lab to market with its drone-based PV inspection technology after landing $3.96 million in federal government funding.
Wollemi Capital pumps $100 million into distributed solar, battery strategy
Climate-focused venture capital firm Wollemi Capital has committed to investing more than $100 million to expand renewables developer MPower’s pipeline of mid-scale solar and battery energy storage projects after finalising its acquisition of the company.
Akaysha secures $300 million to accelerate global battery rollout
Australian battery storage developer Akaysha Energy has closed a $300 million corporate debt facility that will support the expansion of its large-scale battery project pipeline on a global scale.
Two months into federal home battery scheme, uptake hits 825 MWh
Data released by the Clean Energy Regulator shows the pace of residential battery installations is cracking on with a total of 43,517 installations since 1 July 2025, or the equivalent of 888 per working day.
NSW 16 GW generation plan to get 7,000 GWh per annum kickstart in 2026
New South Wales is targeting a 4 GW jump to 16 GW of new generation by 2030, and aims to kick start investor incentives with a 7,000 GWh tender in early 2026 through its long-term energy service agreement 10-year tender plan.
$150 million round 2 Solar Sunshot targets solar supply chain technologies
The Australian Renewable Energy Agency has launched the second funding round of the $1 billion Solar Sunshot program, releasing $150 million dollars to stimulate the commercial domestic manufacture of critical segments of the solar supply chain.
