Update on acquisitions of ASX-listed renewables developers
In its formal bidder’s statement, Philipines UAC Energy has urged Infigen shareholders to accept its takeover bid of $0.80 a share, while Infigen remained adamant no action should be taken in relation to the “opportunistic” offer. Previously, the acquisition of another prominent renewables developer, Windlab, was greenlit in a landslide shareholder vote.
Bringing green steel to reality: GFG launches Whyalla overhaul
GFG Alliance head Sanjeev Gupta has announced a high-cost refurbishment plan for the Whyalla Steelworks in South Australia marking a major step towards his goal to power the plant with green hydrogen.
VIC MP lambasts Melbourne-centric Solar Homes program
Nationals’ Victoria Murray Plains MP Peter Walsh has launched a criticism of the Labor Andrews Government Solar Homes program for its alleged Melbourne-centrism in overlooking his electorate entirely in relation to his battery storage rebate.
Predatory ‘buy now pay later’ solar sales practices taken to Competition Tribunal
The Australian Competition Tribunal is currently hearing arguments on a proposed code that would apply to the ‘buy now pay later’ sales practices of solar panel and installations. It is being argued that the practices are a form of predatory lending.
Historic-low interest rates will power ahead astonishing solar cost reductions
An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.
3.6 GW solar-powered hydrogen project announced for Queensland
A newcomer to the Australian renewable energy scene, Austrom Hydrogen has unveiled plans to develop a large solar project, battery storage and hydrogen generation facility in Queensland.
Spanish startup RatedPower, pioneer in the development of software to optimise the design of solar plants
By scanning millions of iterations, pvDesign finds the best plant configuration and automatically generates over 300 pages of detailed documentation in seconds. The Spanish firm has just landed its first Australian client.
The rugby league legend lighting up the solar industry
Rugby League legend Johnathan Thurston signed on to become Australia’s first solar ambassador last year. The former Kangaroo’s half-back represents the joy, strength and peace of mind residential solar is bringing to Aussie families.
Fluence proposes 250 MW BESS case scenario to VNI West RIT-T
Who says that upgrade of energy transmission need march across the landscape as massive metal towers strung with buzzing electricity lines? One battery energy storage system provider is offering an alternative vision — fast deployment, scaleability and flexible application of assets that can’t be stranded…
17 microgrid projects win government funding
The federal government has announced funding for a series of microgrid feasibility studies that will seek to unlock more secure, affordable, and reliable energy for regional and Indigenous communities.
