NSW: Wellington solar+storage project gets regulatory nod

Posted on May 31, 2018. Australasian News.

Source: https://www.pv-magazine-australia.com The 174 MW solar farm coupled with a 100 MWh energy storage facility near Wellington has received a green light from the New South Wales Department of Planning and Environment. The project proposal came from First Solar. Currently at the forefront of Australia’s utility-scale solar PV uptake, with five major operational projects, New… Read more »

Mars bars fossil fuels and goes 100pc renewables

Posted on May 31, 2018. Australasian News.

Source: https://www.smh.com.au Confectionery maker Mars, one of Australia’s biggest manufacturers, will shift entirely to renewable energy in just over a year as part of a company goal to reach carbon neutrality from its global operations by 2040. The maker of the Mars and Snickers chocolate bars and food brands such as Uncle Ben’s rice has signed a… Read more »

Renewable power that’s set to help replace coal-fired power in Australia

Posted on May 29, 2018. Australasian News.

Source: https://www.theherald.com.au A Newcastle company has secured a $700 million investment from Swiss private equity firm Partners Group to build large-scale wind, solar and battery projects in NSW. CWP Renewables said the deal, announced on Monday night, will build enough renewable energy [more than 1300 megawatts] to help replace the Hunter’s coal-fired Liddell power station. Annual generation from this would be equivalent to about 50… Read more »

Hyundai Heavy Industries returns to Australian solar market

Posted on May 29, 2018. Australasian News.

Source: https://www.pv-magazine-australia.com On the back of a $70 million distribution agreement, Hyundai Heavy Industries Green Energy is re-entering Australia’s solar market, eyeing a strong pipeline of opportunities. South Korea’s Hyundai Heavy Industries (HI) Green Energy is getting back into the Australian solar panel market having closed an exclusive deal with Queensland-based solar distribution company Supply Partners,… Read more »

Tamworth Regional Council mayor Col Murray very hopeful for Chinese solar project

Posted on May 25, 2018. Australasian News.

Source: https://www.northerndailyleader.com.au A DELEGATION from China will arrive in the city on Thursday to discuss a solar power project in Tamworth. Mayor Col Murray was “very hopeful” the proposal would get up and said it came as a direct result of negotiations held in China over the last 12 months. “It’s a company we were introduced to when John Sommerlad and… Read more »

Ayala unit buys stake in Aussie power firm

Posted on May 25, 2018. Australasian News.

Source: http://business.inquirer.net The country’s oldest business house Ayala Corp. is debuting in Australia’s renewable energy space through a joint venture with international renewable energy developer UPC Renewables on a 4,600-megawatt (MW) energy portfolio in the continent. Through wholly owned unit AC Energy, the group is investing $30 million for a 50-percent ownership in UPC’s Australian… Read more »

Carnegie raises AU$5.3 million for solar, battery and wave businesses

Posted on May 23, 2018. Australasian News.

Source: https://www.pv-tech.org Australian firm Carnegie Clean Energy has raised AU$5.3 million (~US$4 million) to grow its solar PV, battery energy storage and wave energy businesses. Carnegie previously announced on 30 April 2018 that it had initiated a Share Purchase Plan which allowed all eligible Carnegie shareholders to purchase between AU$2,500 and AU$15,000 worth of shares in… Read more »

ANZ Bank awarded for Green Borrowing Program for Contact Energy in NZ

Posted on May 23, 2018. Australasian News.

Source:http://www.thinkgeoenergy.com In a post on its LinkedIn, the team of Contact Energy congratulates the Sustainable Finance Team of ANZ Bank in New Zealand. The team last week won the INFINZ Business Institutional Banking Innovation Award for their work on Contact’s Green Borrowing Programme for Contact Energy. The Sustainable Finance Team of the bank innovatively developed a corporate… Read more »

RateSetter Australia extends green deal

Posted on May 22, 2018. Australasian News.

Source: http://www.p2pfinancenews.co.uk RATESETTER Australia has announced an 18-month extension to its  green loan marketplace. The UK peer-to-peer lender’s Australian subsidiary is working with the Australian government’s Clean Energy Finance Corporation (CEFC) to bring clean energy borrowers and investors together. The marketplace was seeded with AUS$20m (£11.2m) from the CEFC and provides affordable finance options to Australian… Read more »

RES plans 176MW solar and battery plant near Adelaide

Posted on May 22, 2018. Australasian News.

Source: https://reneweconomy.com.au Renewable energy developer RES Australia plans to build a 176MW solar farm with battery storage at Pallamana, about 60km south-east of Adelaide near the town of Murray Bridge. The solar farm would supply solar electricity to the National Electricity Market – generating enough power to meet the needs of 82,000 homes – and would… Read more »