Progress on 212-MW Aussie wind project secured while Senvion deals with insolvency

Posted on May 06, 2019. Australasian News.

Source: https://renewablesnow.com Nexif Energy said today it has made arrangements to ensure that work on its 212-MW Lincoln Gap wind farm in Australia will continue as planned while the engineering, procurement and construction (EPC) contractor, Senvion SA (ETR:SEN), addresses its financial difficulties. Senvion, the debt-laden German wind turbine maker, earlier in April entered preliminary self-administered insolvency proceedings…. Read more »

ReNu Energy to acquire two SA solar farms

Posted on April 30, 2019. Australasian News.

Source: https://www.pv-magazine-australia.com In an ASX announcement last week, Queensland-based independent power producer ReNu Energy said it had executed term sheets with Chinese solar developer Astronergy for the acquisition of two 5.8 MW solar farms in South Australia. The total cost to buy the projects and complete construction amounts to $17.2 million. ReNu Energy is looking to… Read more »

Westpac signs PPA with Bomen Solar Farm

Posted on April 30, 2019. Australasian News.

Source: https://www.energymagazine.com.au Westpac has signed a power purchase agreement (PPA) with Bomen Solar Farm to source 63 gigawatt-hours of renewable electricity annually to power its operations globally. The PPA follows Westpac’s pledge to source 100 per cent of its energy from renewable sources by 2025, joining a growing band of big businesses moving away from traditional… Read more »

Genex secures environmental approval for hydro project in Australia

Posted on April 16, 2019. Australasian News.

Source: https://www.power-technology.com Genex Power has obtained environmental approvals for the development of the Kidston Pumped Storage Hydro Project (K2-Hydro). Australia’s clean energy generation and storage solutions provider Genex Power has obtained environmental approvals for the development of the Kidston Pumped Storage Hydro Project (K2-Hydro). The K2-Hydro project is expected to help the Queensland Government achieve its… Read more »

ATLASSIAN TAKES LEAD ON 100% RENEWABLE POWER IN AUSTRALIA

Posted on April 16, 2019. Australasian News.

Source: https://www.theclimategroup.org Atlassian has become the first Australian tech company to join the RE100 initiative, targeting 100% renewable electricity for its global operations by 2025. Led by The Climate Group in partnership with CDP, RE100 now brings together more than 170 of the world’s most influential businesses committed to 100% renewable electricity. Sam Kimmins, Head of RE100, The Climate Group, said: “As… Read more »

PowerChina, Goldwind bag funds for Tasmanian wind park

Posted on April 10, 2019. Australasian News.

Source: https://renewablesnow.com/news PowerChina and Goldwind Australia have sealed a financing package for their 144-MW Cattle Hill Wind Farm project on the shore of Lake Echo in Central Tasmania. This was announced on Tuesday by legal services provider Herbert Smith Freehills, which advised the two sponsors on the project financing. According to its statement, the Cattle Hill… Read more »

Nordex confirms 157.5-MW Aussie order from Acciona

Posted on April 10, 2019. Australasian News.

Source: https://renewablesnow.com Nordex SE (ETR:NDX1) confirmed today it has received an order from Acciona Energy Australia to equip its 157.5-MW Mortlake South wind farm in the southeastern state of Victoria that entered the construction phase last month. The German company will supply and install 35 units of its N149/4.0-4.5 turbine for the specific project. Nordex said… Read more »

TOP ENERGY’S GEOTHERMAL EXPANSION TO CUT LINES CHARGES

Posted on March 25, 2019. Australasian News.

Source: http://www.sharechat.co.nz Lines company Top Energy says a $300 million expansion of its geothermal development at Ngawha will fundamentally change the shape of its business and enable it to slash electricity costs for the region’s 64,000 residents. The firm is on track to commission a 32-megawatt generator at its site near Kaikohe in October 2020… Read more »

Eurus invests in Windlab’s 1.65-GW African wind portfolio

Posted on March 25, 2019. Australasian News.

Source: https://renewablesnow.com Japan’s Eurus Energy Holdings has taken a 25% stake in the South African subsidiary of Aussie renewables developer Windlab Ltd (ASX:WND) and will assist it in the development of its 1,650-MW portfolio of wind projects. The funding commitment to Windlab Africa Pty Ltd will help promote wind power generation in the East African region, Eurus… Read more »

Kwinana renewable energy plant set to create 800 jobs in construction phase

Posted on March 14, 2019. Australasian News.

Source: https://www.perthnow.com.au Construction has started on one of two proposed waste-to-energy facilities in the Rockingham-Kwinana area, the first to be built in Australia. First sod was turned on Friday at the $668 million energy project in Kwinana which will thermally treat waste diverted from landfill into steam for electricity generation. It is co-developed by Dutch… Read more »