Latest Renewable Energy Sector News

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.

Encounter Resources reports exceptional rare earth and niobium assay results from diamond drilling at its Crean prospect, reinforcing the Aileron project's status as a critical minerals hotspot in Western Australia.

Victory Metals has won a $250,000 MRIWA grant to advance its North Stanmore scandium project, positioning itself amid rising global supply risks due to export controls by China and Russia.

Carnegie Clean Energy Limited has launched a $3 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand new shares at a 14% discount to the last closing price. The offer opens mid-August and closes in early September, aiming to bolster capital without requiring shareholder approval.

Carnegie Clean Energy launches a $3 million Share Purchase Plan at a 20% discount to fund its pioneering 6 MW CETO wave energy project in Spain and expand its global footprint.

RareX Limited reports exceptional high-grade gallium intercepts at its Cummins Range deposit, reinforcing its position as a leading Australian source amid a tightening global market. The company is advancing processing strategies to capitalise on gallium’s rising strategic importance.

Lakes Blue Energy has extended the closing date of its Cleansing Prospectus Offer to November 5, 2025, aiming to smooth the path for secondary trading of new shares.