Latest Renewable Energy Sector News

Lithium Universe Limited has successfully demonstrated its innovative JESE technology, achieving over 95% silver recovery from solar panels in under 30 minutes while preserving silicon wafers and reducing environmental impact.

Carnegie Clean Energy is closing its Share Purchase Plan on 8 September, offering shareholders a discounted entry to fund key ocean energy projects. The capital raise aims to accelerate development in Europe, the US, and Australia.

Black Rock Mining has locked in A$10 million through a two-tranche placement to institutional and sophisticated investors, with a Share Purchase Plan to follow, aiming to accelerate early construction at its Mahenge Graphite Project.

Prospech Limited has announced a 2-for-7 renounceable rights issue to raise up to $1.6 million, featuring attaching options exercisable at 4 cents. Directors are backing the raise, which will fund rare earth metallurgical work and exploration in Finland and Slovakia.

Foresta Group Holdings reported a $3.375 million net loss for FY2025 while making significant progress on its Kawerau biomass facility in New Zealand, securing key approvals, partnerships, and funding. The company aims to commence construction in FY2026, positioning itself in the renewable energy sector.

Energy Technologies Limited reported a $11 million net loss for FY2025, reflecting a strategic pivot and ongoing capital challenges. Despite a 37% revenue drop, management highlights operational resilience and plans to stabilise through capital management.

Solvar Limited reported a notable 84.4% jump in net profit for FY25 even as revenue declined 6.1%, alongside a healthy dividend increase.

X2M Connect reports a 43% revenue decline in FY25 but improves gross margins and expands into the Middle East and renewable energy sectors, setting a positive outlook for FY26.

GenusPlus Group Ltd has reported a robust 36% increase in revenue and an 84% surge in net profit for FY2025, driven by strategic acquisitions and growth in the renewable energy sector. The company also declared a higher fully franked dividend, reflecting confidence in its expanding infrastructure footprint.

Nimy Resources has successfully raised $1.72 million through an oversubscribed share placement to fast-track copper and gallium exploration at its Mons Project in Western Australia.

Sayona Mining has secured shareholder approval for its merger with Piedmont Lithium, with completion slated for August 30, 2025. The deal promises to reshape the lithium supply landscape and unlock significant growth potential.

Maas Group Holdings Ltd reported a 6% rise in FY25 underlying EBITDA to $219.4 million, driven by robust growth in Construction Materials and Commercial Real Estate. The company’s disciplined capital management and strategic acquisitions set a positive tone for FY26.