business

Australia leads the world in residential rooftop solar, but its commercial and industrial sector has deployed only 5.6GW.

Frontier Energy has secured firm commitments for an AU$110 million equity raising for the 132MW first stage of its Waroona project in WA.

NSW will provide AU$225 million in new funding to support domestic manufacturing of low-carbon products and renewable energy components.

Norwegian floating solar developer Ocean Sun has entered into a memorandum of understanding (MoU) with ACEN-Silverwolf to establish a framework for deploying utility-scale floating solar installations across selected Asian markets.

New South Wales (NSW), Australia, has launched what it has described as its “biggest renewable energy tender in the state’s history”, seeking 2.5GW of renewable energy generation.

Nextpower is set to acquire the power conversion assets of Spain-based Zigor Corporation and its US subsidiary, Apex Power.

Energy platform Revera Energy has completed an expanded US$150 million credit facility for its UK and Australian portfolio.

Potentia Energy has raised AU$830 million in portfolio financing to support its renewable energy operations and development across Australia.

Genesis Energy and FRV Australia have mutually agreed to terminate their solar development joint venture while maintaining co-ownership of the 63MWp Lauriston solar PV power plant in Canterbury, New Zealand.

Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of renewable energy and storage projects to its portfolio.