Quinbrook closes first stage of 2 GWh Supernode battery project
Australian-owned renewable energy investor and developer Quinbrook Infrastructure has announced financial close and the start of construction on a 250 MW / 500 MWh battery energy storage system that will form the first stage of a $2.5 billion renewables-powered data storage precinct in Queensland.
‘Big 4’ seen as greenwashing sustainable finance target allocations
New analysis from independent think tank Climate Energy Finance finds renewable energy and decarbonisation of industry is receiving just 7% of the ‘Big 4’ banks’ collective multi-billion-dollar sustainable finance target allocations.
GenusPlus tapped for Pilbara transmission project
Fortescue has awarded energy infrastructure provider GenusPlus Group two contracts worth a combined $50 million to deliver transmission infrastructure as the mining giant works to decarbonise its iron ore operations in Western Australia.
Traditional land owners push ahead with 3 GW mega project in WA’s Pilbara
A Western Australian Aboriginal corporation’s plan to create one of the country’s largest renewable energy projects has reached a new milestone with the registration of the Indigenous Land Use Agreement for the planned 3 GW project by the National Native Title Tribunal.
Land agency says renewables target driving ‘huge’ demand
With renewable energy capacity in Australia expected to at least double over the next six years, the search for land to host solar, wind and energy storage developments is offering a new income stream for interested landowners.
Genex eyes new PPAs for Bulli Creek solar project
Fortescue has missed a deadline to reach financial close on a green hydrogen project in Queensland that is key to Genex Power’s proposed Bulli Creek solar and big battery development, but there are other names on Genex’s dance card if the deal falls through.
CIP acquires majority stake in Elgin Energy
Copenhagen Infrastructure Partners has acquired a majority stake in Elgin Energy that will help the Ireland-headquartered solar developer to transition into an independent power producer and grow its pipeline of projects in new and existing markets, including Australia.
Idemitsu grabs stake in Graphinex battery materials bid
Australian miner Graphinex’s ambition to establish an integrated graphite mining and battery anode manufacturing business in Queensland has attracted the support of Japanese oil and gas giant Idemitsu Kosan.
Metis inks power purchase deal for first Australian solar project
Singapore-headquartered renewable energy infrastructure developer Metis Energy has locked in a renewables supply contract for its first major Australian project – the 94 MW Gunsynd Solar Farm being built in southwest Queensland.
Lightyears lands new funds for trio of community-scale solar farms
New Zealand renewables developer Lightyears Solar has announced it will roll out three new community-scale PV farms with a combined capacity of 18 MW after completing a $5.51 million (NZD 6 million) capital raise.
