The CEFC congratulates Virescent Ventures on the $100 million first close of its new climate technology fund (Fund II) as it continues to attract more private sector investors to the space and boost Australian climate tech. The CEFC, which is a cornerstone investor in Fund II, is also a foundation stakeholder in Virescent Ventures, which was spun out of the CEFC in 2022.
With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, according to the IEA’s flagship annual publication on renewables.
ARENA explains how its projects are bringing the nation closer to a future where ultra low cost solar will be the backbone of the clean energy transition.
The US Department of Energy has announced Australia as an international collaborator on its Long Duration Storage Shot initiative, aiming to reduce the cost of grid-scale energy storage by 90% within the decade, alongside renewed agreements and joint efforts in clean energy technology R&D.
BNEF has published a new edition of its Energy Transition Factbook to coincide with the international Clean Energy Ministerial conference, identifying major trends and offering critical solutions in the transition to a net-zero world.
Investment and projects in low-emissions hydrogen are growing, but policies to stimulate demand in key sectors such as heavy industry, refining and long-distance transport are needed to speed up deployment, according to the IEA's annual review on hydrogen.
This week, Australia is hosting the world’s first nature positive summit. What is it, and why does it matter?
Australia's ClearVue Technologies has secured its first order for solar cladding on the Enex100 building in Perth, marking a significant milestone for the company’s energy-efficient smart building solutions.
South Australia has launched a $13.8 million pilot to test the benefits and savings of energy-smart homes by supporting 500 households with free home energy management systems, subsidised heat pumps and incentives for flexible consumption.
The CEC highlights that while Australia’s rooftop solar industry is world-leading, more needs to be done to ensure it is sustainable and operates within a circular economy.
Stanwell has signed a deal to purchase the full output of the 250 MW/1,010 MWh third stage of Quinbrook’s Supernode battery project in Brisbane. Additionally, Stanwell will acquire a stake in a 400 MW pumped hydro energy storage project in Queensland’s Darling Downs, as the state government aims to increase energy storage capacity.
AI-powered startup KoBold has raised US$491 million in its quest to find critical mineral deposits that will support the energy transition.
Nissan is coming aboard vehicle-to-grid (V2G) EV integration company ChargeScape as an equal investor, alongside founding automakers BMW, Ford, and Honda.
Europe’s first battery passport has been recorded with Volvo’s EX90 sales, marking a milestone in the EU’s battery regulation for enhanced transparency, sustainability and traceability.
According to a study by ANU, Australia could add 12.3 GW of capacity by covering 60% of outdoor car parks with solar panels. |
