Finance

Australian renewables developer Windlab has announced further delays on its landmark energy park in north Queensland after its EPC contractor failed to secure a fully functioning connection agreement.

The Clean Energy Finance Corporation (CEFC) has released its 2018-19 Annual Report on its investment into Australia’s clean energy transition. The report laud’s CEFC investment and provides optimistic reading for the energy transition.

Lightsource BP has signed financing agreements to develop its first utility-scale solar project in Australia. The 200 MW solar farm, near Wellington, New South Wales, is the largest single plant to be financed by the U.K. solar developer to date and one of the biggest projects in Australia to use bifacial PV.

Welcome to Australia’s largest national showcase of renewable energy at the Melbourne Convention and Exhibition Centre. Follow pv magazine live to keep updated on the latest Aussie solar PV and storage developments and trends from this year’s event, as they happen. Stay tuned!

Welcome to Australia’s largest national showcase of renewable energy at the Melbourne Convention and Exhibition Centre. Follow pv magazine live to keep updated on the latest Aussie solar PV and storage developments and trends from this year’s event, as they happen. Stay tuned!

The City of Sydney has unveiled the biggest standalone renewables deal for an Australian council. Valued at over $60 million, the plan will see the City meet its electricity needs using only wind and solar.

Creditors of Brisbane-based solar and storage developer Lyon Group have announced that three of Lyon Solar’s companies are now in liquidation after their directors failed to meet a deadline. Deloitte is now looking for buyers for the Companies’ projects.

Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.

On the back of a landmark agreement with Alinta Energy, Fortescue Metals will use solar power for up to 100% of its daytime energy needs at the Chichester Hub iron ore operation in the Pilbara region.

The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.