Latest Renewable Energy News

Contact Energy Limited has announced a court-approved scheme to acquire Manawa Energy Limited, offering Manawa shareholders $1.12 cash plus 0.5830 new Contact shares per share, representing a significant premium. The merger aims to create a diversified renewable energy portfolio with substantial synergies and growth prospects.

Carnegie Clean Energy has partnered with global industrial leader SKF to co-develop and manufacture the Power Take-Off system for its CETO wave energy technology, marking a key step in commercialising ocean energy in Europe.

Carnegie Clean Energy has signed a Memorandum of Understanding with Chugachmiut to explore deploying its CETO wave energy technology in Southcentral Alaska, aiming to provide clean, affordable power to Native communities.

ReNu Energy Limited has received conditional approval from the ASX to reinstate its listing, contingent on completing a significant capital raise and meeting key regulatory requirements. The company will also rebrand as Janus Electric Holdings as part of its refreshed market strategy.

Foresta Group Holdings’ subsidiary partners with New Zealand’s EECA to explore geothermal steam for its flagship biomass facility, aiming to boost sustainability and efficiency.

ClearVue Technologies has secured its first commercial rooftop contract in Sydney’s CBD, supplying innovative solar glass for the City Tattersalls Club redevelopment to boost sustainability and energy efficiency.

MPower Group has completed a pivotal equity conversion of its Narromine Renewable Energy Project, extinguishing $10.36 million in project funding and positioning itself for a $700,000 gain. The company also secured additional financing and advanced its renewable energy pipeline amid ongoing operational challenges.

Carnegie Clean Energy has advanced its ACHIEVE Programme with a key contract for CETO deployment at the Basque Marine Energy Platform, securing milestone payments exceeding €1.5 million and launching a new Investor Hub to enhance shareholder engagement.

RooLife Group Ltd (RLG) has inked exclusive decade-long agreements with three Chinese companies to market and distribute branded solar energy systems worldwide, marking a strategic expansion into the renewable energy sector.

Delorean Corporation has achieved a landmark in Australian bioenergy by fully funding its SA1 Salisbury project and securing a renewable gas grid connection, advancing its transition to sustainable energy infrastructure.

Meridian Energy has agreed to acquire NZ Windfarms for $91 million, aiming to streamline financing and boost capacity at the Te Rere Hau Wind Farm. The deal, supported by key shareholders, marks a significant step in New Zealand’s renewable energy landscape.

Contact Energy reported a 12% rise in EBITDAF to $404 million for 1H25, driven by new geothermal assets and strategic contracts, while net profit fell 7% due to market volatility and acquisition costs.