Latest Energy Storage News

Sun Silver continues to reveal extensive silver and antimony mineralisation at its Nevada Maverick Silver Project, with drill hole MV0004 hitting 89 metres at 70g/t silver equivalent and substantial antimony intervals above the current resource.

Synertec Corporation has reported its first positive net operating cash flow since FY19, underpinned by strong growth in recurring revenues and a landmark contract with Santos for its Powerhouse energy storage system.

Li-S Energy has inked a strategic collaboration with Australian defence firm EPE, unlocking pathways to international defence markets for its ultra-lightweight lithium sulfur batteries.

1414 Degrees has acquired full ownership of the Aurora Energy Precinct, consolidating control to drive development of renewable energy infrastructure and a 1 GW AI data centre project.

Frontier Energy has executed all major fixed-price contracts for Stage One of its Waroona Renewable Energy Project, securing tier-one suppliers and unconditional grid connection to de-risk delivery of its 132MW solar and 81.5MW battery facility.

Advance ZincTek posted an 11% rise in FY26 profit before tax to $2.247 million on 12.6% higher sales, driven by AI integration and US market strength. The company is set to enter residential battery manufacturing in FY27, leveraging its zinc oxide expertise.

Verbrec Limited accelerated its growth trajectory in FY2026, driven by a strategic acquisition and divestment, delivering a 52% revenue increase and a near tripling of net profit.

GenusPlus Group has received the green light from TasNetworks to start the $750 million construction phase of the North West Transmission Developments Stage 1, with completion targeted for 2029.

RooLife Group (ASX: RLG) reported a 268% jump in FY2026 revenue to nearly $10 million, driven by rapid growth in its own food and beverage products, including RLG Coffee in China. Despite this, the company recorded a $3.58 million net loss, weighed down by impairment charges and R&D investments in renewable energy.

Genesis Energy posted a robust FY26 with Normalised EBITDAF up 11% to $522m, driven by margin growth and strategic investments in renewables and battery storage. A $400m equity raise bolstered its balance sheet as it accelerates New Zealand’s energy transition.

HMC Capital reported a statutory loss of $111.6 million for FY26 amid significant fair value losses, yet delivered operating earnings close to guidance and maintained its dividend. The group’s strategic partnerships and capital recycling position it for a 16% rise in underlying earnings in FY27.

Duratec Limited (ASX:DUR) reported a 4.1% rise in net profit after tax to $23.8 million for FY26 on stable revenue, underpinned by a record $650.8 million order book and multiple strategic acquisitions expanding its service portfolio.