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).
UK-based investment group Foresight Solar Fund has confirmed that it will sell its Australia portfolio, consisting of 170MW of operational solar PV and 122MW of battery energy storage systems (BESS).
Non-profit organisation Climate Council has signalled that Australia, the global leader in rooftop solar PV installations, could add a further 26.4GW by the end of the decade, bringing its total to 49.4GW.
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.
Yesterday (18 September), the government of Australia granted the environmental green tick for a 300MW solar PV power plant to be developed in north Queensland.