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Showing 1 - 10 of 38 results for "Power Purchase Agreement"

First Nations initiative-led solar project to commence construction

MATTHEW WAI  |  THURSDAY, 14 MAY 2026  |  NEWS
... construction of the Jinbi Solar Project in the Pilbara after reaching financial close and signing a 30-year power purchase agreement (PPA) with Rio Tinto. Early site works are already underway, and construction will now commence in accordance with the ...

Surge in AI usage, new apps overwhelm energy efficiency: IEA

KARREN VERGARA  |  MONDAY, 20 APR 2026  |  NEWS
The improvements in artificial intelligence (AI) energy efficiency per individual task is being overshadowed by the surge in the number of users and launch of energy-intensive AI applications, according to the International Energy Agency (IEA). The ...

Brookfield partners to form new renewable energy platform

MATTHEW WAI  |  MONDAY, 9 MAR 2026  |  NEWS
Brookfield Asset Management, British Columbia Investment Management Corporation (BCI) and Norges Bank Investment Management will each hold an equal ownership stake in a new renewable energy platform dubbed Northview Energy. Northview will acquire and ...

CEFC backs South Australian wind farm

ANGELIQUE MINAS  |  MONDAY, 5 JAN 2026  |  NEWS
The Clean Energy Finance Corporation (CEFC) has provided $147 million in financing to help build the 256.2 megawatt South Australian Carmody's Hill Wind Farm (Carmody's Hill WF). The project is being overseen by Australian renewable energy developer ...

Rio Tinto expands renewable energy portfolio

RIDDHIMA TALWANI  |  MONDAY, 17 NOV 2025  |  NEWS
... supporting greenfield renewable energy generation projects. The mining giant has signed a 15-year virtual power purchase agreement (VPPA) with TerraGen under which it will purchase 78.5 megawatts (MW) of renewable energy for its Kennecott mine operations ...

AGL mulls sale of Tilt Renewables

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025  |  NEWS
... consortium also comprising Aware Super, Hostplus, TelstraSuper, MLC, and Brighter Super. Following a Power Purchase Agreement in 2023, AGL was to begin sourcing electricity from Tilt Renewables' Rye Park Wind Farm in Yass, New South Wales in April 2025. ...

QIC completes equity raise, refinancing for Pacific Energy Group

MATTHEW WAI  |  WEDNESDAY, 28 MAY 2025  |  NEWS
QIC has completed a $370 million equity raise and $1.6 billion debt refinancing for Pacific Energy Group (PEG) for a contracted capacity of 946 megawatts (MW) across 48 sites. The equity commitments came from investors across Australia, Asia and North ...

Rest backs $300m solar farm and battery project

MATTHEW WAI  |  THURSDAY, 10 APR 2025  |  NEWS
... likes of the Clean Energy Finance Corporation (CEFC) and clients of Westpac Private Bank, backed by a power purchase agreement (PPA) with the Victorian state government. CEFC chief investment officer, renewables and sustainable finance Monique Miller ...

Australia's chance to step up

ROSE MARY PETRASS  |  THURSDAY, 7 NOV 2024  |  NEWS
Clean energy investors are confident that Trump's threat to repeal the Inflation Reduction Act (IRA) and "Drill, baby, drill!" puts Australia in pole position to become a regional green superpower. The Investor Group on Climate Change (IGCC) kicked ...

IFM and QIC scoop major assets in energy deal

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... program. Critical infrastructure assets and healthcare assets have signed on to the final stage of a power purchase agreement (PPA) deal to reduce energy costs and market volatility. The agreement sees assets becoming approved PPA providers. They include ...
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