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Finance

Hydrostor secures $82 million for Broken Hill long-duration storage project

Canadian long-duration energy storage developer Hydrostor has secured $82.6 million in funding to support its 200 MW Silver City Energy Storage Centre project being built in Broken Hill, New South Wales.

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CIS tender supports 16 big battery projects totalling more than 15 GWh

Sixteen battery energy storage projects with a combined capacity of 4.13 GW / 15.37 GWh have been named as the winners of the Australian government’s latest Capacity Investment Scheme tender.

Lab360 lands funding to help get drone-based solar inspection tech off the ground

Australian photoluminescence imaging specialist Lab360 Solar will look to make the leap from lab to market with its drone-based PV inspection technology after landing $3.96 million in federal government funding.

Wollemi Capital pumps $100 million into distributed solar, battery strategy

Climate-focused venture capital firm Wollemi Capital has committed to investing more than $100 million to expand renewables developer MPower’s pipeline of mid-scale solar and battery energy storage projects after finalising its acquisition of the company.

Akaysha secures $300 million to accelerate global battery rollout

Australian battery storage developer Akaysha Energy has closed a $300 million corporate debt facility that will support the expansion of its large-scale battery project pipeline on a global scale.

Two months into federal home battery scheme, uptake hits 825 MWh

Data released by the Clean Energy Regulator shows the pace of residential battery installations is cracking on with a total of 43,517 installations since 1 July 2025, or the equivalent of 888 per working day.

NSW 16 GW generation plan to get 7,000 GWh per annum kickstart in 2026

New South Wales is targeting a 4 GW jump to 16 GW of new generation by 2030, and aims to kick start investor incentives with a 7,000 GWh tender in early 2026 through its long-term energy service agreement 10-year tender plan.

$150 million round 2 Solar Sunshot targets solar supply chain technologies

The Australian Renewable Energy Agency has launched the second funding round of the $1 billion Solar Sunshot program, releasing $150 million dollars to stimulate the commercial domestic manufacture of critical segments of the solar supply chain.

Logistics company plans multiple charge stations ahead of 30% EV fleet growth

A Sydney headquartered logistics company Australian National Couriers has grown its electric vehicle fleet to over 100 delivery fleets, representing 12.5% of it’s total, with the company targeting 30% by 2028.

Solar sector pundits press goverment on $6.5 billion opportunity with $10 levy

A delegation of solar industry stakeholders are in the second day of talks with federal ministers to petition a mandatory product stewardship scheme for the solar circular economy, saying a $10 fee per panel can sustain the industry and cash-in on $65 billion opportunity.

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