australia

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Chemical Firm Himadri Invests $7 Million in Australian Battery Startup Sicona

India-based specialty chemical company Himadri has announced an investment of AU$10.32 million (~$7 million) in Australian startup Sicona Battery Technologies to produce...

June 1, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Top Rooftop Installers for 2022 Revealed

Tata Power Solar, Amplus Solar, Roofsol Energy, Fourth Partner Energy, and Hartek Solar were the top rooftop solar companies in India during the calendar year 2022,...

May 25, 2023

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Rakesh Ranjan

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Daily Wrap-up
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Australia Invites Bids for 1.5 GW of Renewables and Storage

The Australian Energy Market Operator (AEMO) has invited bids to procure 2,500 GWh per annum (950 MW) of renewable generation capacity and 550 MW of long-duration...

May 24, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Ballard Power’s Q1 Revenue Drops 37% Due to Weak Sales Across Segments

Fuel cell maker Ballard Power Systems’ revenue in the first quarter (Q1) of the financial year 2023 amounted to $13.3 million, a 37% decline YoY. Heavy Duty Mobility...

May 18, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Australia to Expedite Green Hydrogen Development with $1.3 Billion Funding

Australia will invest AU$2 billion (~$1.3 billion) in the “hydrogen headstart” program, which aims to support two or three large-scale renewable hydrogen...

May 10, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Australia to Introduce Sovereign Green Bonds Program in 2024

The Australian Government will introduce a sovereign green bonds program in 2024 to enable investors to support public projects driving Australia’s net-zero...

April 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC Invites Bids for 9 GWh of Energy Storage

NTPC Renewable Energy has invited bids for interstate transmission system-connected energy storage projects of 9,000 MWh capacity with a minimum of 1,500 MW capacity to...

April 21, 2023

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Mercom India

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Daily Wrap-up
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Australia’s Renewable Capacity Addition Fell by Nearly a Quarter in 2022

Australia’s renewable energy industry completed 20 large-scale projects, adding 2,257 MW of new capacity in 2022, which is 23.6% lower than in 2021, according to...

April 20, 2023

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Australia Targets All New Light Vehicle Sales to be EVs by 2035

The Australian government aims to increase the share of electric vehicles (EV) in new light vehicle sales to 30% by 2030 and 100% by 2035 to transition to a decarbonized...

April 20, 2023

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Daily News Wrap-Up: Bengaluru Apartment’s Rooftop Solar Success

In a telling testimony to the viability of rooftop solar in the residential sector, an apartment complex in Bengaluru has opted for the third phase of its rooftop solar...

April 3, 2023

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Mercom India

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Daily Wrap-up
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Australia to Enforce Emission Cuts on Biggest Polluters with New Law

Australia has passed the Safeguard Mechanism (Crediting) Amendment Bill 2023 to encourage its biggest carbon polluters to cut their greenhouse gas emissions or purchase...

March 31, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Brookfield, EIG Consortium Seal A$18.7 Billion Deal to Buy Origin Energy

A consortium of Brookfield Asset Management and MidOcean Energy, the global LNG platform owned and managed by EIG, has agreed to acquire Australia-based integrated power...

March 29, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Japan to Spend $1.6 Billion to Extract Clean Hydrogen from Coal in Australia

The Japanese Government’s Green Innovation Fund has committed A$2.35 billion (~$1.6 billion) to the Hydrogen Energy Supply Chain project in Victoria, which is...

March 7, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Daily News Wrap-Up: ALMM Approval Delay Restricts Solar Module Supply

Even as the industry awaits official order on lifting the Approved List of Models and Manufacturers (ALMM) mandate for developers due to the lack of domestic solar...

March 6, 2023

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Mercom India

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Daily Wrap-up
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Project Finance Brief: MYTILINEOS Raises $159 Million for Solar Projects

From: Mercom Capital Group MYTILINEOS, a global industrial and energy company, reached financial close with lenders ANZ and Westpac on the non-recourse portfolio...

January 4, 2023

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Staff

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Finance and M&A

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Solar

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