FRV points to refinancing move as sign investor appetite is ‘growing’
The Australian arm of global renewable energy developer Fotowatio Renewable Ventures has pointed to the refinancing of its 100 MW Lilyvale Solar Farm in Queensland as a sign of renewed investor confidence in the nation’s renewables sector.
Enel & Australian company mull lithium mining in Italy
Enel and Vulcan Energy are looking at the potential for lithium mining at a site near Rome.
Australia & US sign energy agreements to mitigate China over-reliance, ensure supply chains cannot be weaponised
Speaking at the Sydney Energy Forum, leaders from Australia and the US have highlighted the importance of not only transitioning to renewables, but of ensuring the supply chains used to make the technologies do not remain as concentrated as they are today.
GE turns to Australia for critical renewable materials
US giant General Electric (GE) has signed an agreement with Australia’s Arafura Resources, provisionally agreeing to offtake from the company’s flagship Nolans Project in the Northern Territory, which is aiming to become a major supplier of critical materials for wind turbines and electric vehicles.
Canadian Solar sells two Australian solar farms to US interests
Chinese-Canadian PV heavyweight Canadian Solar has for an undisclosed sum offloaded two of its Australian utility scale solar power projects with a combined generation capacity of 260 MW to an offshoot of United States renewable energy giant Berkshire Hathaway Energy.
Agrivoltaics adding value to crops with low agricultural yield
A group of 35 French agricultural entrepreneurs decided to change their agricultural practices to adapt to the low quality of their groundwater and chose agrivoltaics as a way to compensate for crop yield losses.
Liontown gives $545 million lithium project go-ahead after locking in Ford offtake deal
Australian miner Liontown Resources has declared the way is now clear for construction to commence on its $545 million Kathleen Valley Lithium Project in Western Australia after inking an offtake agreement and $300 million financing facility with global car manufacturing giant Ford Motor Company.
OpenSolar gives installers access to new loans facility
Australian software company OpenSolar has expanded its partnership with fintech lender Plenti Group to give Australian solar installers the option to offer customers access to zero-interest payment plans in a bid “to make solar accessible to more people as quickly as possible”.
PwC launches sector-specific advisory unit
With new modelling by PricewaterhouseCoopers Australia revealing that businesses will spend $3.7 billion on advisory services supporting their transition to a clean economy by 2030, the firm has launched a new unit designed to help facilitate the nation’s successful transition to a decarbonised economy.
Canadian fund manager snaps up stake in AGL Energy
Australian energy giant AGL Energy has revealed that Canadian fund manager Brookfield Asset Management has acquired a more than 2.5% stake in the power producer, renewing speculation it may mount a fresh tilt to take over the company.
