Energy Source & Distribution’s Post

News Update 📰 : AGL Energy has sold most of its stake in Tilt Renewables to QIC and the Future Fund for A$487 million, marking a strategic shift to focus on its core energy and retail operations. The deal includes a 49% stake in PowAR, which owns Tilt’s Australian assets, and reflects strong institutional appetite for renewable energy investments in the region. This move highlights the growing role of public and private capital in accelerating Australia’s clean energy transition. As major players realign their portfolios, it’s encouraging to see long-term investors backing renewables—signaling confidence in the sector’s future and the broader push toward decarbonisation. https://lnkd.in/gguim9RY

🔋 Significant investment in renewables continues to propel our state towards net zero. The state’s largest wind farm is now generating at full capacity in the mid-north, bookending a huge year of private investment for our state’s renewable energy storage and generation. 🔗 Learn more about the scale of investment across our state at our website. https://ow.ly/ZUh350Xjw0G Global renewable energy giant Neoen Australia has inaugurated its Goyder South Wind Farm, which at 412 MW will be the state’s largest. It’s also the largest in the company’s portfolio of more than 200 energy assets across three continents. Not bad. This notable commitment from a global renewable energy leader proves South Australia has the right environment to attract significant investments. Earlier this month Epic Energy announced that its 200 MWh BESS (Battery Energy Storage System) at Mannum was fully operational and contributing to the state’s energy system. Headquartered in South Australia, Epic Energy invested approximately $130 million in its battery as part of the company’s Mannum Energy Park where two solar farms can generate a combined 35 MW. And the list goes on. In August, Potentia Energy saw their grid-scale battery at Emeroo green lit, a first under new legislation. Once completed, it promises to be a game changing $400 million dollar project. #DrivingTheGameChangers #TowardsNetZero #Renewables Photo credit: Neoen

AGL Energy sells 19.9% stake in Tilt Renewables to QIC-led group for A$750 million, reinforcing its capital recycling strategy and renewable energy commitments. https://lnkd.in/dGspWidn

'This divestment – the latest in a succession of large-scale M&A transactions in the renewables sector – enables AGL to realise value from its investment in Tilt, freeing up capital to deliver its strategy and progress the growth of its portfolio of firming and renewable energy projects.' We advised AGL on divesting its interest in Tilt Renewables. Read more: https://lnkd.in/gSdkff6r

A strong example of how industrial capability and renewables expertise can work together to accelerate the UK’s energy transition. Partnerships like this, combining long-term offtake certainty with proven delivery capacity, is what makes decarbonisation real - not theoretical.

EDP has halved spending in an updated business plan, but the Iberian utility is continuing to lean on renewables as it eyes data centre demand and higher PPA prices EDP Renewables #spain #portugal #energytransition #renewables https://lnkd.in/efhYMV7y

During the 2025 Energy Taiwan, IX Renewables and Asia Cement Corporation (ACC) signed a cooperation agreement for the "Rui Li 1" floating offshore wind project. The partnership marks a major milestone in Taiwan's renewable energy journey – combining international offshore expertise with strong local industrial capabilities. It adds new momentum into a sector that has until recently been slowing, as the country works to advance its energy transition and net-zero ambitions. Link: https://lnkd.in/eKGaTXXV

Gülermak Renewables Acquires 49.9MW Corshellach Energy Storage Project from RES. We are pleased to announce the acquisition of the 49.9MW Corshellach Energy Storage Project in Moray, Scotland, from RES. The project represents an important step in our strategy to strengthen Gülermak Renewables’ presence in the UK and expand our investment in clean energy infrastructure. Once operational, the Corshellach project will help the UK’s electricity system by storing excess renewable energy and releasing it during periods of high demand, it will support grid stability by providing essential ancillary services, and it will accelerate the drive towards a more sustainable and resilient energy system. Gülermak Renewables CEO Turkekul Dogan said: The acquisition of the 49.9 MW Corshellach battery storage project in UK marks an exciting milestone for Gülermak Renewables as we continue to expand our renewable and storage portfolio across UK and Europe. We are grateful to RES Group for their trust and strong collaboration. Grateful to our advisor Dentons and also to our team, Nic Castellucci, Zeynep Kurt and Michael Sweetman. We're proud with our journey to deliver reliable and sustainable infrastructure that supports our clean energy goals. Thanks to our advisors Michael Snook, Lucille De Silva, Liam McCabe, Fraser Crombie #GulermakRenewables #RenewableEnergy #EnergyTransition #CleanEnergy #Sustainability #EngineeringExcellence *Image is for illustrative purposes only

ScottishPower Renewables takes control of MarramWind ScottishPower Renewables has taken full control of the MarramWind floating offshore windfarm project off the north-east coast of Aberdeenshire following agreement with its former joint venture partner, Shell. Read More: https://lnkd.in/gHPzsNim 🔽 Find more info in comments below 🔽 #ScottishPowerRenewables #MarramWind #FloatingWind #OffshoreWind #RenewableEnergy #ScotWind #OffshoreEnergy #WindPower #EnergyTransition #CleanEnergy #GreenEnergy #UKRenewables ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

Wind farm that offered the lowest publicly announced feed in tariff, and a landmark “baseload renewables” contract with BHP is officially open for business. 🔗 Read more: https://lnkd.in/g9nn8vHw