Latest Renewable Electricity News

BHP Group Limited posted robust FY2026 results with a 15% revenue increase, record copper production contributing over half of underlying EBITDA, and a total fully franked dividend of 172 US cents per share. The company advances growth projects, including the Jansen potash mine, while managing legacy Samarco liabilities and pursuing climate targets.

Sims Limited delivered a striking FY26 turnaround with net profit soaring 1391%, driven by strong metals trading and a booming technology lifecycle services segment, while advancing sustainability and strategic acquisitions.

Goodman Group has locked in a 20-year lease with a global hyperscale customer for the initial 50 MW phase of its Tsukuba Tech Central data centre campus in Greater Tokyo, setting the stage for a major digital infrastructure hub ready by early 2028.

Mercury NZ Limited posted a staggering 32,000% surge in net profit for FY26 despite an 8% revenue dip, underpinned by strong renewable generation and disciplined cost control.

ASX Limited reported a 13.3% rise in operating revenue to $1.25 billion for FY26, with underlying net profit up 5.2%, despite a 3.5% dip in statutory profit due to significant one-off costs including a $20.5 million ASIC penalty. The company declared a fully franked final dividend of 104.7 cents per share and appointed Anthony Attia as CEO.

Dexus Industria REIT (ASX:DXI) delivered FY26 funds from operations (FFO) per security above upgraded guidance, driven by robust leasing spreads, active portfolio management, and a growing development pipeline.

Dexus Convenience Retail REIT (ASX:DXC) delivered FY26 distributions of 20.9 cents per security, matching guidance amid resilient income growth and portfolio enhancement.

CAR Group Limited reported a 14% increase in net profit after tax to AUD 332.4 million for FY26, driven by strong revenue growth and AI innovation across its global vehicle marketplaces.

Metcash Limited posted a steady FY26 performance, with group revenue rising to $19.6 billion and EBITDA up 1.9%, driven by growth in Food and digital channels despite challenges in Hardware.

Jameson Resources (ASX:JAL) is pushing its Crown Mountain steelmaking coal project in British Columbia towards environmental approval by mid-2027 and production by 2029-30, leveraging a low-cost, high-quality asset with a landmark Indigenous partnership.

Mercury NZ invests US$30 million for a minority stake in Datagrid NZ, aligning with its strategy to power long-term renewable demand from large-scale digital infrastructure projects.

Vulcan Energy has received the first tranche of equity funding from its €2.2 billion financing package for the Lionheart lithium and geothermal project, confirming progress aligned with its construction schedule.