Strategic Alliances

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.