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Australasia

23 August 2013

PV industry on mend, 30% expenditure increase in 2014 forecast

The global PV industry is showing early signs of a recovery, with expenditure set to rise 30 per cent in 2014, according to IHS.

23 August 2013

Wind O&M market to more than double by 2020, China to lead

The operations and maintenance wind market is expected to increase by $12bn by 2020, with China set to harbour almost a quarter of the market.

22 August 2013

Lignol agrees $0.9m investment in Australian biofuel plant

Canadian biofuel producer Lignol Energy (LEC) has agreed a AUS$1m ($0.90m) investment in an Australian biofuel plant.

22 August 2013

Green bonds on track to exceed $9bn on Warren Buffet’s MidAmerican boost

Sales of green bonds are on track to exceed $9bn this year, creating a new record of investment in clean technologies.

22 August 2013

Investec looks to sell $813m Australian wind project rights

South African bank Investec is looking for a buyer for its AUS$900m ($813m) Australian wind farm.

21 August 2013

Goldwind partially refused permission for 165.5MW wind in New South Wales

Chinese wind developer Goldwind has been refused permission by the local council to run an underground cable needed for its 165.5MW wind farm in New South Wales.

20 August 2013

Raya confirms financing for Indonesian geothermal projects

Australian geothermal company Raya Group, formerly Panax Geothermal, has signed a heads of agreement with with Space Con Group for development of the comapny's Indonesian geothermal portfolio.

20 August 2013

US First Solar and Australia’s Ingenero to collaborate for solar

US solar manufacturer First Solar is to collaborate with Australian solar developer Ingenero in commercial and off-grid solar markets.

19 August 2013

Tasmania drastically cuts solar FIT

Tasmania's government is to drastically cut its feed-in tariff for solar generation from AUD27.8/kWh to AUD0.08/kWh for systems installed in the fourth quarter.

19 August 2013

Australia’s Coalition has AUS$4bn renewables funding gap

Australia's opposition party the Coalition, led by Tony Abbott, will need to find a further AUS$4bn for his climate policy, or else break his pledge to cut emissions five per cent by 2020; instead increasing them by nine per cent.

16 August 2013

New Zealand reduces 2020 carbon reduction target to 5%

New Zealand has drastically scaled back its carbon reduction targets for 2020, reducing it to a decrease of five per cent from 1990 levels while saying the move is an interim step ahead of a new UN pact from 2020.

16 August 2013

Siemens Financial Services’ finance-energy business reaches Asiap

The need to be 'closer to customers and markets' is driving Siemens Financial Services-owned (SFS) project and structured finance energy business' expansion into the region, the company say.

14 August 2013

Solar PV shipments hit record levels in Q2p

solar1704 Global solar module shipments during the second quarter for the leading 20 manufacturers reached record highs, according to a new report.

13 August 2013

Renewable energy insurer GCube appoints new CFO

MarkWilson170sq Renewable energy insurance provider GCube has appointed Mark Wilson as the company's new chief financial and operations officer.

1 August 2013

Australian agribusiness company Elders offloads Futuris Automotive

Private investment firm Clearlake Capital Group has agreed to acquire Futuris Automotive, which supplies car parts to electric vehicle maker Tesla, from Australian agribusiness company Elders for A$69m

31 July 2013

Exclusive: UK oil purifier Hydrodec edges towards profitabilityp

UK oil purification and recycling company Hydrodec is edging closer to profitability, releasing first half 2013 results showing an EBITDA loss of $200,000.

31 July 2013

AGL Energy inks financing for Australia’s largest solar power projects

Australia’s AGL Energy has sealed financing for two large-scale solar photovoltaic (PV) projects are from the Australian Renewable Energy Agency and the New South Wales Government.

29 July 2013

CHS, Ruralco invest in Australian agribusiness Agfarm

CHS and Ruralco are to form a joint venture with Australian agribusiness Agfarm.

25 July 2013

New Zealand government inks funding for biofuel programmep

lonetree70 New Zealand’s government has announced a new investment programme to produce biofuels from forestry waste.

23 July 2013

Indian waste management company Ramky buys Australia’s Enviropacific Services

Indian waste managementcompany Ramky Enviro Engineers has agreed to acquire Australia's Enviropacific Services.

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