Latest Renewable Energy Projects News

Monadelphous Group Limited reported a robust FY25 with $2.27 billion revenue and $158 million net profit, underpinned by strong contract wins and growth in energy and resources sectors.

Mercury NZ Limited reported a 10% decline in earnings for FY2025 amid challenging generation conditions but is pressing ahead with significant renewable energy investments and raised dividends.

ClearVue Technologies has responded to ASX concerns after its CEO described previous project pipeline announcements as ‘fairy tales,’ affirming prior disclosures were accurate despite some project setbacks.

Telstra Group Limited reported solid financial growth for FY25, completing its T25 strategy and launching a new five-year Connected Future 30 plan focused on connectivity and AI innovation.

Commonwealth Bank of Australia (CBA) reported a strong 2025 financial year with a statutory net profit after tax of $10.1 billion, maintained capital strength, and progress on ambitious climate and sustainability goals.

MPower Group has entered a binding agreement to sell its renewable energy assets and platform to Wollemi Energy Group for approximately $19 million, marking a pivotal shift in its business strategy.

Frontier Energy advances its strategic investor process with multiple proposals and prepares bids for the 2025 Capacity Investment Scheme tender, while progressing key development milestones for its Waroona Renewable Energy Project.

Iron Road Ltd has secured its key mining lease through 2026 and entered a strategic farm-in agreement targeting heavy mineral sands, navigating a tough iron ore investment climate and evolving green energy partnerships.

Korvest Ltd has reported a record financial year with revenue up 16.2%, driven by major infrastructure projects, and declared a special dividend alongside plans for a significant Kilburn site upgrade.

St Barbara Limited updates on its Nova Scotia operations with progress on the 15-Mile Processing Hub prefeasibility study, reclamation milestones at Touquoy, and a pioneering pumped hydro energy storage project, while weighing strategic options for its Atlantic Gold assets.

QPM Energy Limited has successfully raised $10 million through an oversubscribed placement and launched a $2 million Share Purchase Plan to fast-track the 112MW Isaac Power Station, the cornerstone of its Isaac Energy Hub.

Contact Energy's May 2025 report reveals a decline in mass market sales yet highlights improved generation efficiency and rising netback prices, alongside steady progress on key infrastructure projects.