Today
CEFC spend to rise to jump-start grid build-out
Funding for big-ticket transmission projects is set to swell spending by Australia’s green bank this year beyond the $1.8 billion invested in 2023-24.
- Angela Macdonald-Smith
Slow approvals are risking the next mining boom: report
State and federal environmental approval processes are jeopardising tens of billions of dollars of investment in green steel and renewable energy infrastructure, experts warn.
- Tom Rabe
Yesterday
- Exclusive
- Start-ups
Cannon-Brookes, Benioff-backed start-up lays off staff in US pullback
Loam Bio, a start-up that has raised more than $150 million from high-profile investors, has laid off the majority of its staff in the US.
- Tess Bennett
This Month
Splend nabs fresh funds from Clean Energy Finance Corporation
The new funds will be put towards taking Splend’s overall Australian fleet to over 5000 vehicles by the end of the year, with more than 2000 being zero-emission EVs.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
European renewables outfit TagEnergy takes $4b wind farm bet
The company, backed by the same investment firm behind sector giant Neoen, has locked in financing from major local lenders and the government’s green bank.
- Angela Macdonald-Smith
May
- Exclusive
- Mergers & acquisitions
Government-backed green tech firm goes broke, gets acquired for $5m
Scipher Technologies, an e-waste processor that the government invested $15 million in, has been bought for $5 million after it entered administration in March.
- Paul Smith
March
- Exclusive
- Carbon challenge
Could ‘HECS-for-solar’ slash power bills and save climate goal?
Scientist Saul Griffith has a bold plan that could slash your power bill by $5000 a year, cut a quarter of household emissions, and employ thousands of people. Politicians on both sides are listening. Could it work?
- Jacob Greber
Lithium hopeful Liontown in $550m loan from banks, taxpayers
The new agreement will ease concerns over Liontown Resources after January’s spectacular loan withdrawal.
- Peter Ker
February
This low-emissions truck runs on recycled cooking oil
Biofuels are emerging as stopgap fuel for hard-to-abate sectors such as heavy transport, aviation and industrial processing.
- Agnes King
January
- Exclusive
- Venture capital
VCs make $200m bet that climate tech’s time has come
Climate conscious investors, frustrated at the spray-and-pray approach of traditional ventures, are tipping money into a new $200 million climate-focused fund.
- Jessica Sier
Prices for Australian lithium have further to fall
The commodity price forecaster that spooked the big four banks out of a landmark lithium loan says Chinese miners will flourish and drive down lithium prices.
- Peter Ker
- Updated
- Critical minerals
Crisis talks as critical minerals bust deepens
Miners will push Resources Minister Madeleine King to drive reform of the way critical minerals are priced at crisis talks this week after lenders withdrew a key loan.
- Updated
- Peter Ker and Brad Thompson
December 2023
- Exclusive
- Rural property
Green Bank, global investors pile into $450m forestry and ag raising
The CEFC has put $75m into a new forestry and landscape fund that intends to generate a chunk of its return from carbon and renewable energy.
- Larry Schlesinger
Green bank to roll out $1b in cheap loans to retrofit homes
The government’s Clean Energy Finance Corporation is moving into retail mode as it looks to cut home owners’ emissions and their energy bills.
- Updated
- Hans van Leeuwen
November 2023
- Exclusive
- Carbon challenge
Taiwan electronics giant runs the numbers on endangered Tritium
Lite-On Technology has been in Brisbane this week to conduct due diligence on buying a stake in the Brisbane EV fast-charging pioneer.
- Updated
- Mark Ludlow
Jet Charge joins the rush hour in EV dealmaking; hires bankers
UBS began reaching out to prospective backers last week but is expected to wait until the new year to officially pull the trigger on the process.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Inside Tritium’s battle for survival
Brisbane fast-charger company Tritium has long been the darling of politicians spruiking an “Aussie success story”, but it is running out of cash and options.
- Mark Ludlow
October 2023
- Exclusive
- Carbon challenge
Tritium asks Qld government for up to $90m bailout
Brisbane fast-charging company Tritium said it was hard to secure Australian capital to help the company through its financial troubles.
- Updated
- Mark Ludlow and Angela Macdonald-Smith
How to cut emissions with seaweed and burgers
The development of asparagopsis as a livestock feed supplement is just one of many ways the agricultural sector is reducing emissions.
- Larry Schlesinger
$100m loan makes NSW first recipient of $20b Rewiring the Nation fund
Clean Energy Finance Corporation has allocated a $100 million loan towards NSW’s electricity infrastructure road map to help it deliver 12GW of projects by 2030.
- Mark Ludlow
