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Channel: New Energy World Network (NewNet) » australia
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Solar FIT to spark opportunities in Australia’s renewable energy sector

Large-scale solar facilities in Australia are set to be eligible to receive feed-in tariff support under new legislation.

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State-backed fund to commercialise clean technologies in Australia

A manager has been appointed to a venture capital fund launched in Australia to help lead the commercialisation of renewable energy technologies.

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Debate over how Australia’s clean energy fund should be spent

The Australian Coal Association has called for the government to include the Productivity Commission when deciding how investment awarded as part of the A$10m ($10.13m) clean energy fund should be spent.

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Large scale solar tender gets underway in Australia

The search is on to find developers of large-scale solar plants in Australia. The government of the Australian Capital Territory, located within New South Wales, said it is now inviting proposals to be...

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Australia fund to capitalise on alternative energy opportunities

An investment firm focused on Australia has been launched by a London-based specialist that focuses on the alternative energy and utility sectors.

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Australia gives cleantech A$1bn funding boost

Australian’s cleantech future just got brighter through a new A$1bn ($1.07bn) funding pot launched by the government.

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Westinghouse Solar combines with CBD Energy to create global entity

Westinghouse Solar, a designer and manufacturer of solar power systems, has signed a letter of intent to pursue a business combination with CBD Energy, a diversified energy company based in Sydney,...

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Aussie algae innovator releases ADRs to attract US investors

An Australian algae fuels innovator has released American depository receipts (ADRs) to be traded over-the-counter (OTC) as it seeks visibility to US investors.

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US investors targeted by ASX-listed geothermal specialist

An Australian renewable heat specialist will look to attract the eye of US investors as it releases American Depository Receipts on over-the-counter platform OTCQX.

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Salamon Group to buy Eco Energy Solutions

Solar energy project company Salamon Group has signed an agreement with Australian-based Eco Energy Solutions to take overall control of the business.

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Australia’s A$200m renewables fund open for business

A A$200m ($208.14m) fund launched by the Australian government is ‘open and ready for business’ and will start committing capital to domestic renewable energy companies looking to achieve commercial...

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Australia’s Dyesol raises A$5m through share placement

Australia-based cleantech company Dyesol has successfully raised A$5m ($5.2m) through a share purchase plan and a private placement.

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Australia’s ACT receives strong support for solar tender

The Australian Capital Territory has received strong interest for its solar tender, with 49 separate prequalification proposals being submitted as part of a request for proposals.

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Epuron and Macquarie Capital sell wind farm to AGL

Epuron and its joint venture partner Macquarie Capital Wind Fund have entered into a sale agreement with Australia-based AGL, which will purchase both companies’ respective interests in the Silverton...

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Wave energy developer Carnegie receives A$10m government grant

Wave energy developer Carnegie Wave Energy has received a A$9.9m grant from the Australian government’s Emerging Renewables Programme, in support of its grid-connected wave energy project.

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TrustPower takes steps towards wind farm expansion

TrustPower has concluded a collection of conditional agreements that will see it significantly expand its existing 100MW wind farm at Snowtown, South Australia.

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AGL sells Hallett wind farm to Eurus Energy

Australia-basedAGL Energy has sold its 53MW Hallett five wind farm to Eurus Energy for an undisclosed sum and will realise a $30m development fee to complete the deal this financial year.

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Australia’s solar FIT ‘cost blowout’ blamed on communication breakdown

Western Australian Energy Minister Peter Collier has blamed the escalating cost of the government’s solar feed-in tariff on a communication breakdown with energy provider Synergy.

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Australia opens A$10bn clean energy fund to businesses

Australian companies will now be guaranteed the chance to pitch for business flowing from Julia Gillard’s government’s A$10bn ($9.8bn) clean energy fund, in a bid to push green jobs in the region.

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Barefoot to push solar to low-income groups in emerging markets

Solar energy is set to benefit 10 million low-income people living in rural communities in Sub-Saharan Africa, Asia and the Pacific, Latin America and the Caribbean from commitments between Barefoot...

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