Latest Renewables News

Deep Yellow has withdrawn its target for a fourth-quarter 2026 Final Investment Decision on the Tumas uranium project, citing weak equity market conditions and constrained funding options. Construction continues, but the company has not provided a revised FID date or funding structure.

Shaver Shop Group Limited (ASX:SSG) delivered record FY2026 sales, gross profit and operating cash flow, but flagged a softer-than-expected start to the new financial year. Transform-U reached $18 million in sales, while supplier logistics issues and promotional timing weighed on early FY2027 trading.

Australian Finance Group used its 2026 AGM to highlight a stronger, less volume-dependent earnings base after statutory profit rose 39% in FY26. AFG Securities’ loan book has since reached $7.3 billion, while recent investments are expected to add $13 million to FY27 EBITDA under stated assumptions.

Centuria Industrial REIT has agreed almost 25,000 square metres of leases at a 31% year-to-date re-leasing spread, while selling a vacant Queensland asset for $34.25 million at book value. The industrial landlord reaffirmed FY27 earnings and distribution guidance as it advances longer-term data centre and renewable energy opportunities.

Contact Energy’s September operating data showed stronger mass-market sales and sharply lower generation costs, although retail and wholesale netbacks eased. The company is also progressing three renewable projects with total approved costs of $1.263 billion as near-term wholesale prices climb.

DigiCo Infrastructure REIT has secured a 15-year, 71MW contract with a global technology firm, taking its SYD1 data centre to full contracted capacity. The agreement supports a fully funded 52MW expansion and extends the Australian portfolio’s weighted average lease expiry beyond 10 years.

GenusPlus has won approximately $255 million of power infrastructure work from Western Power and Fortescue, extending its project pipeline into 2029. The awards span renewable energy connections, network maintenance and mine-site decarbonisation infrastructure, although individual contract values and margins remain undisclosed.

Integrated Research’s FY26 annual report confirms a sharp earnings deterioration, with revenue down 16% and net profit collapsing to A$1.2 million. A stronger cash balance and new AI products offer financial resilience, but FY27 now hinges on turning product launches into commercial adoption.

Delorean is repositioning itself from an engineering contractor into an owner and operator of renewable gas infrastructure, with five projects representing $214 million of stated total capital expenditure. The near-term test is whether it can close funding for NSW1 while bringing its largely completed Salisbury plant into revenue.

Alara Resources’ independently audited reserve statement supports about eight more years of production at its Oman copper mine, with 7.70 million tonnes classified as Probable Ore Reserves. The update also reveals the limits of the mine plan: the licence expires before the scheduled mine life ends, while several technical studies remain unfinished.

Iron Road has completed 464 metres of RC drilling at its TAU-A nickel-copper-gold target, but laboratory assays are still pending. The quarterly update also brings a major shareholder transition, a CEO retirement and a $1.21 million cash balance into sharper focus.

LGI Limited (ASX:LGI) will elevate current CEO Jarryd Doran to Managing Director and CEO while reshaping its board and executive team from 1 December. The restructure includes 5.861 million proposed options for Doran and other executives, with shareholder approval required for the grants.