RayGen lands new funding to speed up rollout of ‘solar hydro’ tech
Australian solar and storage technology firm RayGen has secured more than $51 million in new funding to accelerate the commercialisation and deployment of its concentrated PV and thermal hydro long-duration energy storage technology.
Clean energy economy leaders cheer on Future Made in Australia Act
Renewable energy advocates and investors have urged the federal government to pursue its commitment to the ambitious Future Made in Australia Act by backing it – and the country’s decarbonisation – with strategic budget support.
Solar SunShot’s local manufacturing boost timed well for exports to Asia
Australian renewable energy businesses and technology manufacturers are in the box seat to play a pivotal role in the Asia Pacific region’s green economy transition but they have been urged to build their understanding of the market landscape so they are equipped to seize the opportunities on offer.
Melbourne City FC kicks renewables goals with Origin partnership
Australian soccer powerhouse Melbourne City FC has teamed with energy major Origin to install a 40 kW rooftop solar system and 13.5 kW battery energy storage system that will help power its newly opened City Football Academy in the Victorian capital.
Genex backs new takeover bid from Japan’s J-Power
The company behind the 250 MW / 2 GWh Kidston pumped hydro project being developed in north Queensland has given the tick of approval to a $381 million takeover bid from Japanese energy giant J-Power.
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.
