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Australian energy market

Indian Investor, Others Help Australian Battery Startup Sicona To Raise AU$22m Funds 

Australian battery startup Sicona Battery Technologies (Sicona) has now announced raising AU $22 million in Series A funding, which will be used to further the company’s development plans in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & […]

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Engie & Partners Commission 150 MW Hazelwood Battery Energy Storage System

Engie, the French energy company, along with project partners Eku Energy and Fluence, has successfully commissioned the Hazelwood Battery Energy Storage System (BESS) in the Latrobe Valley, Victoria, Australia. This pioneering project, with a capacity of 150MW/150MWh, is the first of its kind in the country to be situated on the grounds of a decommissioned […]

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Swiss Solar Manufacturer Meyer Burger Set To Establish Presence in Australian Market

Switzerland based solar cell and module manufacturer, Meyer Burger Technology AG is ready to set foot into Australia, where it will supply solar panels. Australia, the firms says, is a significant and growing market. Meyer Burger will present its product portfolio “Made in Germany, designed in Switzerland” at the country’s largest solar trade show, the […]

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Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project

Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […]

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Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn

A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […]

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Australia India Trade Association Inks MoU with SMART Energy Council of Australia

The Australia India Trade Association (AITA) welcomed to India more than 20 clean energy firms based in Australia. The delegates are visiting the country as part of SMART energy council that is being led by Australian Prime Minister Anthony Albanese. On the occasion, the delegates interacted with Kanubhai Desai, who is the minister for energy […]

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Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy

Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […]

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Denham Capital Announces $200 Million for Solar Energy Generator Solops

Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […]

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