Australian utility Origin Energy announced its intention to withdraw from hydrogen and focus on renewable energy and energy storage, citing “uncertainty around the pace and timing of development of the hydrogen market".
Investment manager Patrizia and Mitsui & Co have entered the Philippine solar PV market with binding agreements to acquire an interest in BEI, a rooftop solar PV developer.
Australian investment bank Macquarie Asset Management (MAM) is set to invest up to US$1.73 billion to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI).
New Zealand solar PV developer Lodestone Energy has signed a solar agreement with poultry provider Inghams to match its electricity consumption via solar PV power plants.
