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Australasia

23 May 2012

Australia opens A$10bn clean energy fund to businessesp

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.

14 May 2012

Carmanah wins Queensland road solar lighting deal

The Queensland Department of Transport and Main Roads in Australia has selected Carmanah Technologies’ solar lighting system for use in roadways across the state.

14 May 2012

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.

14 May 2012

AGL sells Hallett wind farm to Eurus Energy

sydney_140512_170 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.

9 May 2012

Australia’s CBD Energy secures $25m for European solar roll-out

Australian renewable power developer CBD Energy has secured a A$25m revolving line of construction finance from an unnamed US bank.

3 May 2012

Off-grid solar takes off despite financing challengep

A company that has developed an off-grid solar product for emerging markets is about to close an oversubscribed equity raise, despite being unable to gain traction with banks just five years ago.

2 May 2012

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.

1 May 2012

Thai energy company to invest $600m in Australian wind farms

Thai energy company Ratchaburi Electricity Generating has announced plans to invest $600m into wind power projects in Australia.

1 May 2012

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.

24 April 2012

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 Wind Farm.

19 April 2012

Sungevity forms JV with Nickel Energy to enter Australian solar market

US solar company Sungevity has formed a joint venture with Australian solar business Nickel Energy, to provide a pay-as-you-go solar offer to the Australian domestic market.

19 April 2012

SunWize brings green power to South Pacific island

SunWize Technologies has finished the largest solar installation on the island of America Samoa in the South Pacific.

16 April 2012

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.

13 April 2012

Australia’s Green Party leader Bob Brown steps down

Australiaflag_170_170 Senator Bob Brown has announced that he will be stepping down as the leader of the Green Party as the party welcomes new leader Christine Milne as his successor.

30 March 2012

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

sunbeam_300312_170 Australia-based cleantech company Dyesol has successfully raised A$5m ($5.2m) through a share purchase plan and a private placement.

28 March 2012

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

Martin_Ferguson_170_170 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 success.

23 March 2012

AGL buys development rights to 1GW wind farm

wind_sunset_170SQ Australian clean generation company AGL Energy has acquired the development rights to the Silverton Wind Farm, an onshore project that could be up to 1GW in size, for an undisclosed price.

19 March 2012

ESG investment practices give better risk understanding, says asset managerp

green_earth_170_170 Integrating environmental, social and government principles into investment practices does not decrease the size of the investment opportunity but instead allows a better understanding of the risks, representatives from a global asset management business stressed today.

7 March 2012

Sydney to house cleantech finance body to facilitate partnershipsp

sydneyHarbour_170_170 Australian Prime Minister Julia Gillard has chosen Sydney to be the base for a major new A$10bn ($10.70bn) clean energy finance shop to facilitate the build of relationships with potential lenders and partners.

6 March 2012

UQM wins EV supply deal in Australia

US efficient motor manufacturer UQM Technologies has been contracted to supply electric propulsion systems by Australian electric vehicle company EV Engineering.

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