Latest Renewable Energy Projects News

Civmec Limited reported a steady Q3 FY25 with revenue of A$158.5 million and a strengthened order book now exceeding A$760 million, positioning the company for future growth despite near-term project delays.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance of $215 million to $245 million, driven by recent acquisitions and growth in construction materials and renewable energy sectors.

Regis Resources reported a robust March quarter with steady gold production and early repayment of its $300 million term loan, reinforcing its financial flexibility. The company also updated Tropicana’s Ore Reserves and advanced underground growth projects while navigating ongoing legal challenges at McPhillamys.

Foresta Group Holdings advances its flagship Kawerau renewable energy project with inclusion in New Zealand’s Fast-Track Approvals Act, a key term sheet with Genesis Energy, and $2 million raised via convertible notes.

Simble Solutions reported a 39% rise in customer cash receipts for Q1 FY25 and strengthened its market position through strategic partnerships and renewable energy initiatives.

Bellevue Gold Limited reported a softer March quarter with production impacted by localized mining issues, prompting a revised FY25 guidance and a $156.5 million capital raise to close out near-term hedges. The company is initiating a strategic review while targeting stronger production in FY26 and beyond.

Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.

Northern Star Resources has reported a remarkable 155% surge in net profit for the half year ended December 2024, driven by higher gold prices and solid operational output. The company also announced a 25 cent per share interim dividend, underscoring confidence in its financial strength.

Simble Solutions reports a robust Q4 FY24 with a 117% jump in customer receipts and a strategic $280k capital placement, underpinning its growth in energy and sustainability software.

MPower Group has finalized the conversion of a $10 million project funding facility for its Narromine Renewable Energy Project into equity, with AMPYR Distributed Energy acquiring full ownership. The move strengthens MPower's balance sheet and supports its strategic push into hybrid renewable assets.

Vulcan Energy has marked a pivotal quarter with major capital raises, strategic partnerships, and the commencement of Europe’s first fully integrated battery-quality lithium hydroxide production.

Frontier Energy’s updated Definitive Feasibility Study for its Waroona Renewable Energy Project confirms robust financial returns, reduced capital costs, and enhanced market opportunities amid rising electricity prices in Western Australia.