Latest Renewables And Storage News

Origin Energy reports a 45% drop in half-year profit amid lower gas earnings and ongoing investments, while extending Eraring Power Station operations to 2029 to support NSW energy security.

GreenHy2 Limited has raised nearly $1 million through a strategic share placement aimed at expanding its PowerSafe Sodium-Ion and Lithium-Ion battery offerings. Part of the placement awaits shareholder approval at the upcoming AGM.

Mandrake Resources has received a US$1 million grant from the US Department of Energy to advance lithium exploration in Utah’s Paradox Basin, validating its Utah Lithium Project and strengthening partnerships with leading US research institutions.

Critical Resources Limited has secured a $1.75 million placement at market price, reinforcing investor confidence as it advances lithium, gold-antimony, and solid-state battery initiatives.

Origin Energy has announced it will keep the Eraring Power Station operational until April 2029, extending its life by nearly two years to bolster NSW’s energy security during the shift to renewables.

1414 Degrees secures critical approvals from AEMO and ElectraNet for its 140 MW Aurora Battery Energy Storage System, advancing the project toward grid connection and commercial operation in 2026.

WestStar Industrial's subsidiary SIMPEC has landed a significant $11 million contract to deliver structural and mechanical works at Tianqi Lithium's Kwinana plant, reinforcing its role in Australia's energy transition.

Critical Resources has engaged SLR Consulting to streamline permitting for its Mavis Lake Lithium Project in Ontario, aiming to fast-track approvals and secure government funding. This move strengthens the project’s role in North America’s lithium supply chain amid growing demand for sustainable battery materials.

Venari Minerals reports its highest-grade lithium intersection to date from the Red Mountain Project in Nevada, reinforcing the deposit's scale and quality ahead of a maiden resource estimate.

IRIS Metals Limited has voluntarily suspended trading of its shares on the ASX pending a significant capital raising announcement expected next week.

Ryzon Materials has updated its prospectus to include a $3.5 million engineering contract with Yantai, alongside a detailed revision of its capital allocation for the Nachu Project. The changes reflect a strategic step in advancing its lithium-ion battery materials development.

Fulcrum Lithium reports encouraging initial metallurgical results from its Alkali Flats project in Nevada, showing up to 91% lithium recovery at moderate conditions, setting the stage for further exploration and resource definition.