Greek renewables and resources company Metelen Energy and Metals has refinanced a portfolio of seven solar farms spread across New South Wales and Queensland in a $460 million deal.
Australian rooftop solar sharing technology developer Allume Energy has closed a $10.4 million investment round, the proceeds of which will be used to accelerate the company’s international expansion into the United Kingdom and European markets.
Perth-based contractor GenusPlus Group has been tapped to design and build the 400 MWh Merredin battery energy storage system being developed in Western Australia’s central Wheatbelt region.
Researchers at the University of Queensland are leading a project aiming to improve how hybrid renewable power plants – typically including solar and/or wind, along with battery energy storage – connect into Australia’s electricity grid.
Queensland’s biggest battery energy storage system has officially commenced operations with renewables developer Neoen announcing it has completed construction and commissioning of the first stage of its Western Downs Battery.
The United States continues to dominate the solar tracker market, with Nextracker securing the top spot globally in 2024.
Cloud computing giant Amazon will invest $20 billion over the next five years to expand its data centre network in Australia with the funding to also support the development of three new solar farms with more than 250 MW capacity.
One of Australia’s largest solar projects has been energised with developer Neoen confirming that its 350 MW Culcairn Solar Farm in the New South Wales Riverina Murray region has entered the commissioning phase.
United States-based energy storage tech giant Fluence Energy has announced an expansion of its Australian headquarters in Melbourne after locking in a “tailored investment” provided by the Victorian government.
The Clean Energy Investor Group calls for regulatory reform to give foreign capital faster processing, and is one of many recommendations to help unlock $421 billion needed to achieve emissions reduction targets and secure a clean energy future.
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