Latest Renewable Energy News

Delorean Corporation has secured a $1.1 million milestone payment from ARENA, marking significant progress on its SA1 Salisbury bioenergy facility. Construction advances and long-term contracts position the project for renewable gas production in South Australia.

Timah Resources Limited has agreed to acquire a 40% interest in Malaysian power generator Cash Horse, marking a strategic move to bolster its renewable energy portfolio. The deal, valued at RM31.6 million and payable over ten years, awaits shareholder approval.

ClearVue Technologies reported a 9% reduced half-year loss of $5.25 million, while pushing forward with significant advancements in its solar glass technology and expanding global licensing partnerships.

Carnegie Clean Energy reported a $1.7 million loss for the half-year ending December 2025, while pushing forward with key wave energy projects and securing $2.1 million in fresh capital.

Generation Development Group’s half-year results reveal a sharp 91% drop in net profit despite a 21% revenue decline, yet the company maintains its interim dividend at 1 cent per share.

Meridian Energy has reported a robust turnaround with a NZD 227 million net profit after tax for the first half of 2026, driven by record wind generation and strong hydro inflows. The company also raised its interim dividend and advanced multiple renewable projects.

Timah Resources Limited reported a 24% revenue decline and a narrow profit turnaround in 2025, overcoming a lengthy biogas plant shutdown caused by a critical equipment failure. Operational efficiency gains and risk mitigation efforts underpin the company’s cautious optimism.

Genesis Energy has completed a NZ$100 million share placement at NZ$2.15 per share, paving the way for a NZ$300 million rights offer to fund its renewable energy expansion under the Gen35 strategy.

Mercury NZ Limited reported a 130% surge in net profit for HY2026, driven by strong renewable generation and disciplined cost management, while advancing major geothermal and wind projects on schedule.

Contact Energy has announced a $525 million equity raise to accelerate its renewable energy projects, following a strong first half of FY26 with significant profit growth and strategic acquisitions.

GreenHy2 Limited has raised nearly $1 million through a strategic share placement aimed at expanding its PowerSafe Sodium-Ion and Lithium-Ion battery offerings. Part of the placement awaits shareholder approval at the upcoming AGM.

HMC Capital has forged a strategic partnership with global investor KKR, securing up to $603 million to expand its Energy Transition Platform focused on battery storage and wind projects. This deal aims to boost Australia’s renewable capacity while enhancing shareholder returns.