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EY buys Net Balance

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 AUG 2014  |  NEWS
EY has bought Net Balance in a move that will see Net Balance staff integrated into EY's Climate Change and Sustainability Services team. "This move to acquire Net Balance is about boosting EY's existing services to ensure we have the capability to ...

ARENA allocates $21.5m to solar R&D projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) will allocated AU$21.5 million in funding for 12 new solar research and development projects across the country. "The Australian Government's $21.5 million investment is being matched by strong domestic ...

IIRC considers assurance of Integrated Reporting

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 AUG 2014  |  NEWS
The International Integrated Reporting Council (IIRC) is considering whether assurance on integrated reporting is necessary. Paul Druckman, IIRC CEO The IIRC has published two papers discuss the issue, Assurance on : an introduction to the discussion ...

ARENA funds expansion of Doomadgee Solar Farm

RACHEL ALEMBAKIS  |  FRIDAY, 15 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) is funding AU$4.6 million towards an $11.9 million project to expand Doomadgee Solar Farm in north-western Queensland. Ergon Energy is undertaking a 1MW expansion of the Doomadgee Solar Farm, which will ...

ARENA fund Laing O'Rourke redeployable solar hybrid project

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) will allocate $450,000 in funding to Laing O'Rourke to support a $1.4 million redeployable, large-scale solar-diesel hybrid power plant pilot project. Global construction company Laing O'Rourke would be ...

CEFC, CFSGAM to establish clean energy infrastructure fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUL 2014  |  NEWS
The Clean Energy Finance Corporation (CEFC) and the direct infrastructure division Colonial First State Global Asset Management (CFSGAM) will establish the country's first unlisted clean energy direct infrastructure fund. Meg McDonald, chief operating ...

Mercer research surveys governance at superannuation funds

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUL 2014  |  NEWS
More than half of superannuation funds participating in a recent Mercer survey have reported that they do not currently have independent directors on their trustee boards. Pam McAlister, partner and senior governance consultant, Mercer Mercer surveyed ...

GRI names Michael Meehan new chief executive

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUL 2014  |  NEWS
The Global Reporting Initiative (GRI) has hired Michael Meehan as its new chief executive. Meehan is a sustainability CEO and entrepreneur and has led companies in several countries, including Carbonetworks from 2004-2010 and iVeridis Corporation from ...

ARENA commits AU$18.5m to Energy Developments project

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 JUL 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) have committed AU$18.5 million to a hybrid renewable energy/diesel project at Coober Pedy in South Australia. Energy Developments Limited (ENE) is developing a project to combine wind, solar and diesel ...

Carbon Trade Exchange launches REC trading platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JUL 2014  |  NEWS
Carbon Trade Exchange (CTX) has launched a fully electronic Renewable Energy Certificate (REC) trading platform, TRECs. CTX began developing the REC Trading Platform last year to provide a "secure, transparent and liquid web-based trading environment ...