Latest Renewable Energy Transition News

LGI Limited reported robust FY25 results, expanding electricity capacity by 44% and increasing EBITDA by 14%, driven by new landfill gas contracts and battery storage projects. The company is well positioned to capitalize on Australia’s renewable energy transition and evolving carbon credit market.

KALiNA Power’s Canadian arm has completed a CAD$18 million transfer of allocated megawatts to Greenlight and its global data centre client, marking a significant milestone in its Alberta power projects.

State Gas Limited is on the cusp of securing its first 2P Reserve certification for the Rolleston West Project, while progressing its innovative High Density Natural Gas technology despite financial and operational hurdles.

Energy Transition Minerals Ltd has acquired the Penouta tin-tantalum-niobium mine in Spain at a significant discount, raised A$18 million in capital, and received a key arbitration ruling on its Greenland rare earths project.

Lithium Universe Limited has secured exclusive rights to a breakthrough silver extraction technology from Macquarie University, promising high-purity silver recovery from solar panels while preserving valuable silicon wafers. This innovation complements their existing recycling and lithium refining strategies in North America.

Critical Minerals Group (ASX – CMG) reports significant progress in vanadium flow battery technology deployment, international supply chain engagements, and mine feasibility studies, positioning itself at the forefront of Australia’s renewable energy storage future.

GenusPlus Group has secured an additional $75 million in contracts from Western Power, boosting its Clean Energy Link – North project involvement and launching a new underground power pilot program.

Mayfield Group Holdings has landed a pivotal $20 million contract for the Brigalow Gas Peaking Plant in Queensland, pushing its FY26 contract awards to $37 million and reinforcing its role in Australia's energy transition.

Caravel Minerals has taken a major step forward by securing a preliminary grid connection offer from Western Power, paving the way for reliable, low-cost power at its Caravel Copper Project.

Caravel Minerals has released its first comprehensive Sustainability Report for fiscal 2025, detailing ambitious ESG initiatives and a clear roadmap toward net-zero emissions for its Caravel Copper Project in Western Australia.

Delorean Corporation has locked in a long-term biomethane supply agreement with Origin Energy, underpinning its SA1 Salisbury bioenergy project with up to $40 million in revenue over 10 years.

TPC Consolidated Limited reported a robust 20.9% increase in revenue to $193.1 million for FY25, driven by growth in electricity and gas services. However, net profit after tax plunged 94.4% to $0.3 million, reflecting the impact of volatile wholesale electricity prices and rising costs, while a proposed acquisition awaits regulatory approval.