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Tag: Australia
Fortescue has begun commissioning two battery electric locomotives on its Pilbara rail network, marking a decisive step in decarbonising one of the world’s largest iron ore supply chains. Delivered by...
HAMR Energy has secured AUD 10 million ($7 million) in Series A funding from aviation and industrial heavyweights Airbus, Qantas and thyssenkrupp Uhde, positioning the company to expand a pipeline...
Global Capital Targets Australia’s Grid Flexibility Challenge KKR has agreed to invest up to A$600 million ($603 million) into HMC Capital’s Energy Transition Platform, deepening institutional backing for battery storage...
Ocean Winds has launched its first offshore wind and metocean measurement campaign in Australia, marking a decisive step forward for the High Sea Wind project off the coast of Gippsland,...
Australia’s corporate regulator has begun laying the groundwork for the country’s new sustainability reporting regime, releasing the first set of educational materials aimed at smaller companies and report preparers navigating...
• Iberdrola begins its first Australian carbon removal project across 688 hectares on South Australia’s Eyre Peninsula.• Project Talia is expected to generate ACCUs under the national scheme, offering verified...
• Rio Tinto commits more than A$35 million ( $22 Million ) to help advance Calix’s hydrogen-enabled Zesty steel technology in Western Australia.• The partnership supports a demonstration plant designed...
• CSIRO’s new roadmap identifies capacity for up to 330 Mt of CO₂ removals annually by 2050 using novel technologies.• Developing a carbon dioxide removal (CDR) sector could help Australia...
• Apple to generate over 1 million MWh of clean energy annually in Australia by 2030.• New Restore Fund investment to protect and restore 8,600 hectares of New Zealand forestland.•...
• $2 billion in new sustainable loans issued across EVs, farming, and real estate• Part of NAB’s $80 billion environmental financing goal through FY2030• Surge in SME adoption of green...
Sydney leads with new financing model for renewables Akaysha Energy has secured a A$300 million ($196 million) corporate debt facility to accelerate the rollout of large-scale battery energy storage systems...
Australia’s Clean Energy Finance Corporation (CEFC) has announced a record A$3.5 billion ($2.29 billion) investment in renewable energy and grid infrastructure for the 2024–25 financial year—more than double its funding...
The Australian Competition and Consumer Commission (ACCC) has granted conditional authorisation for the Australian Sustainable Finance Institute (ASFI) and industry participants to collaborate on sustainable finance projects for the next...
Platts, a division of S&P Global Commodity Insights, will launch a daily market assessment for Australian Safeguard Mechanism Credits (SMCs) on May 5, 2025.This new benchmark is designed to improve...
IKEA Australia’s latest FY24 sustainability report confirms significant climate action achievements, demonstrating profitability aligned with environmental stewardship. “We have reduced our operational climate footprint by 89% since FY16, while growing...
Australia and Singapore have strengthened their partnership to accelerate Southeast Asia’s clean energy transition. The Australian Government has committed US$50 million to Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, aimed...
The Big Picture Australia’s mandatory climate reporting starts January 1, 2025, following the passage of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill. Royal Assent is expected...
Australia has issued its inaugural $7 billion green bond, signaling a significant advancement in the country’s sustainable finance market. This bond, aimed at financing projects that support climate change mitigation...
Executive Summary: Australia’s government is spearheading major sustainable finance reforms to transition to a net-zero economy. These initiatives include mandatory climate-related financial disclosures, the development of a sustainable finance taxonomy,...
Australia is igniting a clean energy revolution, determined to become a global leader in the renewable energy sector. This ambitious transition promises a brighter future, not just for the environment,...
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