The Clean Energy Finance Corporation committed a record AU$9.1 billion (US$6 billion) in the financial year to 30 June 2026.

Avantus has closed a US$1.05 billion corporate credit facility to support the company’s IPP strategy and accelerate development of its solar and energy storage portfolio.

Iron-air battery company Ore Energy has raised US$43 million in a Series A funding round to commercialise its multi-day energy storage technology.

BESS and solar have driven Australia past the halfway mark in NEM renewable penetration, but the technology mix is not yet broad enough.

NEM-wide battery price spreads fell 85% in a single year to average AU$51/MWh (US$35/MWh) in Q2 2026, according to AEMO.

Danish developer European Energy has reached financial close on the 80MWh Mokoan solar-plus-storage project in Victoria, Australia.

Avantus, with Fluence, is progressing on two solar-plus-battery energy storage system (BESS) projects in California, US.

With technology risk now largely removed from the equation, assessing how a battery storage project will perform across market opportunities is now the main object of financiers’ scrutiny, writes Ryan Alexander of enspired.

Australia’s CSIRO has revised pumped hydro storage costs upward in the final version of its annual GenCost electricity cost report.

Zen Energy, a South Australian renewable energy company co-founded by economist Ross Garnaut, has appointed voluntary administrators after its retail business failed to secure a viable buyer.