Lightsource bp has commenced construction of the Lower Wonga hybrid renewable energy project located near Gympie, Queensland. The project comprises a 380 MWdc solar farm with a 281 MW/843 MWh battery energy storage system (BESS). The project will commence operations in late 2028. A joint venture between INTEC Energy Solutions and Gotion Hi-Tech Australia will deliver the project.
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Australia’s Assistant Minister for Climate Change and Energy has announced the results of Tender 7 under the Capacity Investment Scheme (CIS). A total of 19 renewable energy projects were selected, delivering 7.8 GW, exceeding the original 5 GW target of capacity. Of which 8 projects are hybrid systems combining wind or solar generation with battery storage.
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Edify Energy has achieved financial close for the Smoky Creek and Guthrie’s Gap Solar Power Stations located in Central Queensland, Australia. The projects will deliver 720 MWp of combined solar generation capacity along with 600 MW/2,400 MWh of battery energy storage system (BESS). Both projects have also secured long-term support under the Australian Government’s capacity investment scheme (CIS).
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OX2 has commenced construction of the Muswellbrook solar farm and battery project in New South Wales, Australia. The project features 135 MWac of solar capacity and 100 MW of battery energy storage system (BESS). The project has also secured a long-term hybrid power purchase agreement with an international offtaker covering both solar generation and battery storage. Construction for the project is expected to complete in 2028.
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GenusPlus Group Limited has secured an engineering, procurement and construction (EPC) contract for the 200 MW/800 MWh Koolunga battery energy storage system (BESS) in South Australia (SA). Construction works are expected to commence shortly, with commissioning scheduled for September 2027. Equis Development Pte Limited, is developing the project and will act as its owner and operator.
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Palisade Investment Partners, via Intera Renewables, has acquired a 100 per cent interest in the 240 MW/960 MWh Summerfield battery energy storage system (BESS) from Copenhagen Infrastructure Partners (CIP). The facility located east of Adelaide, is currently under construction with a scheduled completion date in late 2026. This acquisition bolsters Palisade’s total renewable energy portfolio to 2.5 GW.
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The Western Australia Government has agreed to purchase power from upcoming wind farms in regional Western Australia. Through a series of long-term power purchase agreements, Synergy will procure renewable energy from the 470 MW Parron Maam Marang Wind Farm, being developed by Zephyr Energy, and the 130 MW Kondinin Wind Farm, a joint venture between Shell Energy and Foresight Group.
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Flow Power has entered into a foundational offtake agreement with Octopus Australia for the Blind Creek solar farm and battery energy storage system (BESS) project in Australia. The project is located in Bungendore, New South Wales, and comprises 300 MW of solar capacity with a BESS of 243 MW/486 MWh. It is being developed in collaboration with local landholders under an agri-solar framework.
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Revera Energy, an independent energy infrastructure platform backed by Carlyle, has completed the expansion of its credit facility to $150 million. The expanded facility is intended to support the development and construction of battery energy storage system (BESS), solar, and green hydrogen projects in pipeline across Australia’s National Energy Market (NEM) and UK.
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Hydro Tasmania has launched an open call for proposals from new wind and solar projects across the state to increase the amount of electricity available to the Tasmanian grid. The utility is seeking a commercial offtake arrangement with one or more projects capable of supplying up to 1,500 GWh of power each year. The deadline for submission of expressions of interest is December 5, 2025.
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Australia’s Minister for Climate Change and Energy has announced the results of Tender 4 under the Capacity Investment Scheme (CIS), which aims to support the national renewable energy target of 82 per cent. A total of 20 projects were selected with a cumulative capacity of 6.6 GW, exceeding the initial plan of 6 GW. Of these, 12 hybrid projects integrating wind or solar with battery storage contribute over 3,500 MW.
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ACEN Australia’s 900 MW Robbins Island Wind project has received approval from the federal government after more than eight years of assessment across all government levels. The project is expected to contribute over $30 million each year to the Tasmanian economy. Additionally, the associated transmission line is undergoing a separate approvals process, which is expected to conclude in 2026.
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EDF has successfully completed its first Kangaroo senior bond issuance in Australia, raising AUD 1 billion through two tranches. The issuance included AUD 500 million with a 10-year maturity carrying a 5.636 per cent fixed coupon, and another AUD 500 million with a 20-year maturity at a 6.627 per cent fixed coupon. The bonds are expected to be rated BBB by S&P, Baa1 by Moody’s, and BBB+ by Fitch.
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Atmos Renewables has acquired a majority stake in the 316 MW Hornsdale wind farm in South Australia from Neoen.The company previously held minority interests across the three stages of the project and will assume full ownership and control following the transaction. Reportedly, the settlement is expected in the latter half of 2025, subject to customary conditions precedent. The wind farm has been operational since 2017.
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APG Asset Management (APG) has formed a partnership with Octopus Australia and intends to invest over AUD 1 billion in OASIS, which is Octopus Australia’s flagship renewable energy platform. The partnership will speed up Octopus Australia’s growing pipeline of utility-scale solar, wind, and battery storage projects. Furthermore, APG has joined the existing investors in Octopus Australia platform.
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Envision Energy and FERA Australia have inked an agreement to develop large-scale hybrid renewable energy projects across Australia’s National Electricity Market (NEM). The projects will have the potential to deliver upto 1 GW of wind generation capacity and 1.5 GWh of battery energy storage. The partnership between Envision Energy and FERA Australia will launch with a pilot project in Victoria
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The Australian Renewable Energy Agency (ARENA) has launched a AUD 60 million funding round for research and development (R&D). The R&D is to discover innovative solutions for ultra low-cost solar. The funding reflects ARENA’s ambition for innovation in solar PV and will focus on six areas across two streams. The first stream covers cells and modules, while the second stream covers balance of systems, operation and maintenance.
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The Australian Renewable Energy Agency (ARENA) has awarded up to AUD 432 million in grant funding to Orica’s Hunter Valley hydrogen hub. The hydrogen hub will receive the funding as the second recipient of ARENA’s Hydrogen Headstart Program. The hub will produce renewable hydrogen using a 50 MW electrolyser powered by renewable electricity. Furthermore, the hydrogen produced will replace natural gas in Orica’s ammonia production process.
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Gamuda Bhd (Gamuda) has inked an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Under the agreement, Gamuda will take an unspecified equity stake in the portfolio. The portfolio has a combined capacity of 600 MW of wind and solar energy and up to 600 MW of battery storage. Reportedly, the project costs have not been disclosed.
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Metlen Energy and Metals (METLEN) has reached financial close on a refinancing of all its operating and under-construction assets in Australia. Furthermore, the financial close was reached with lenders, namely Deutsche Bank, Intesa Sanpaolo (IMI CIB Division), and Westpac Banking Corporation. Once operational, the solar portfolio will produce renewable energy of almost 1 TWh annually.
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