Yesterday
SunCable signs deal with traditional owners for giant solar farm
The 70-year “multi-million-dollar” agreement will allow for the construction of a 12,000-hectare solar farm on Powell Creek Station in the remote Northern Territory.
Australian wind and solar farms frozen in $700m crypto feud
A long dispute between a Chinese cryptocurrency billionaire and a Dubai fund has ensnared hundreds of millions of dollars in assets on this side of the world.
This Month
Gas-led rescue of Whyalla steelworks may cost taxpayers extra $2b
A think tank is worried the bill to taxpayers will skyrocket over the next decade if the BlueScope consortium buys the ailing steelworks.
Data centre ambitions no obstacle to net zero: CDC CEO
Greg Boorer said unused capacity in Australia’s power system represented an opportunity to create an export industry that could dwarf the mining sector.
Infrastructure wishlist hits a wall: Australia’s super funds are full
Big new infrastructure projects are a great idea when the population is growing. But good luck funding them.
Liveris confident Brisbane 2032 Olympics infrastructure will be ready
The Brisbane 2032 boss said he was confident deadlines could be met despite potential headwinds caused by workforce and supply chain pressures.
Waratah battery problem a ‘bump in the road’: GIP’s Stewart
Rob Stewart, managing partner of GIP Australia, part of the BlackRock group, plays down the impact of a transformer failure on the energy storage project.
Federal Labor signals billions more for Suburban Rail Loop
Catherine King says the rail line through Melbourne’s outer suburbs “is happening” despite concerns over the cost and business case for the project.
Proposed high-speed rail needs ‘realistic costing’, Labor
A high-speed rail line between Sydney and Newcastle is moving ahead as a surge in renewable energy projects intensifies competition for infrastructure investment.
Waratah super battery ‘failure’ reveals cracks in $1b contract award
Akaysha Energy won the right to develop the massive NSW storage project despite not having delivered a similar asset, a key criterion of the government auction.
China bridge spectacularly collapses months after opening
A section of the tall bridge in mountainous Sichuan Province fell, apparently after a landslide. No casualties were reported.
$900m NSW solar-storage venture breaks renewables project drought
Octopus’ commitment to build the Blind Creek project east of Canberra is the first final investment decision in large-scale renewables since the June quarter.
The $4.6trn data-centre vortex could starve Australia of capital
The gold rush for AI infrastructure is sucking up funds right as Australia needs capital to expand existing infrastructure assets. Where is the money going to come from?
‘Catastrophic’ failure delays massive $1b Waratah super battery
The BlackRock-owned development is the largest storage project in the world and a key part of the transition away from coal power.
Future Fund puts its money to work, ditches political headaches
If anyone outbids Future Fund on a growing Australian infrastructure business, let alone one in energy, the Foreign Investment Review Board should ask how and why.
‘Can’t absorb any more’: Firms hit by Victoria’s big squeeze
Victorian manufacturers are being squeezed by soaring taxes and energy costs, highlighting the cost pressures crushing business confidence.
Garnaut-backed renewables player Zen Energy hits auction block
Street Talk understands corporate advisory shop Rennie Advisory has emailed a market warm-up to potential interested parties.
NSW says it’s trying to cut red tape for green energy. Here’s why
Multiple layers of approvals and court battles increase the cost of getting a single wind farm project started by up to $25 million, developers say.
Igneo bankers up as Macquarie’s BayWa auction gets under way
The Danny Latham-led Igneo has pre-emptive rights and options over three of BayWa’s wind farms.
Grey-haired Greg Goodman delivers reality check on data centre hype
Too much leverage and exaggerated customer contracts are rife in data centre developments, the billionaire warns.