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Investor Update provides you with up to date and informative articles about the investment climate in Australia.

Australia’s capital looks for major investment in renewables to meet 100% target

14 Nov 2019

Australia’s capital, Canberra, is set for a large-scale renewable-energy auction to guarantee its 100 per cent renewables target into the mid-2020s.

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Vestas turns Geelong ex-car factory into wind turbine assembly

7 Mar 2019

Danish wind turbine manufacturer, Vestas, is rejuvenating the former Ford factory in Geelong, Victoria. A new 3,000 square metre turbine assembly and testing facility will form part of a Renewable Ene ...

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Disused South Australia zinc mine to pilot clean-energy storage for grids

1 Mar 2019

Toronto-based Hydrostor Inc., a leader in advanced compressed-air energy storage (A-CAES), has announced a A$30 million technology demonstration project at the former Angas Zinc mine in Strathalbyn, A ...

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ExxonMobil to develop West Barracouta gas project in Australia

16 Jan 2019

ExxonMobil is developing the West Barracouta gas field off Victoria’s Bass Strait to bring new gas supplies to Australia’s domestic market.

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Australia holds world record for longest period of growth among developed economies

28 Nov 2018

Australia's economy grew by a stronger-than-expected 0.9% in seasonally adjusted terms over the June quarter 2018, according to the latest National Accounts figures recently released by the Australian ...

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Swiss fund manager enters Australian market with A$50 million solar investment

26 Nov 2018

Switzerland-based investment manager SUSI Partners has acquired 100% of a solar photovoltaic (PV) project in Queensland.

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Eastern Australian gas demand boosted by European investment

23 Oct 2018

Monaco-registered energy company O.G. Energy has agreed to acquire 40% of the Victorian Otway Basin assets of Australian oil and gas company Beach Energy for A$344 million.

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US mining company acquires Australian nickel mine to meet forecast battery cell demand

12 Oct 2018

Texas-based mining company Black Mountain Metals has acquired the Lanfranchi nickel mine in Western Australia from Australian nickel miner Panoramic Resources for A$15.1 million.

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French engineering giant DORIS establishes Asia-Pacific HQ in Australia

18 Sep 2018

DORIS Engineering (DORIS), a global leader in providing upstream engineering services to the oil and gas industry, has opened an Asia-Pacific regional headquarters in Perth.

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Power couple: China’s Goldwind partners with UNSW on wind technology test lab

5 Sep 2018

China’s largest wind energy company Goldwind has teamed up with the University of New South Wales (UNSW) to establish Australia’s first wind power test lab.

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Philippines’ AC Energy invests in Australia’s renewable energy market

16 Jul 2018

AC Energy has entered into a joint venture with UPC Renewables, a global renewable energy developer, and invested in Australia’s energy market.

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Canadian long-duration bulk energy storage company enters Australian market

19 Jun 2018

Hydrostor, a Canadian company specialising in advanced compressed air energy storage (A CAES), is establishing a new head office and demonstration power plant in Australia.

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A look at the Foreign Investment Review Board 2016–17 Annual Report

18 Jun 2018

Australia continues to be an attractive destination for foreign investment, with China and the US the top two sources of approved investment.

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Australia remained in the top ten global destinations for FDI in 2017

15 Jun 2018

Foreign direct investment (FDI) inflows to Australia, which more than doubled in 2016, maintained their high level at US$46 billion in 2017.

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Australia’s inward FDI stock surged to almost A$850 billion in 2017

15 May 2018

According to the Australian Bureau of Statistics, Australia’s inward foreign direct investment stock reached A$849 billion last year, an increase of seven per cent on the previous year and more than ...

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Japanese Government and industry investing A$396 million in Australia’s hydrogen energy future

17 Apr 2018

A consortium of Japanese energy and infrastructure companies have partnered with AGL, and the Japanese, Australian and Victorian governments to create a hydrogen energy supply chain (HESC) between Aus ...

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German renewable energy company building 112MW solar farm in Victoria

10 Apr 2018

BayWa r.e., a global renewable energy company, is constructing one of Northern Victoria’s largest solar farms.

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German energy company to spend €400 million developing NSW solar projects

14 Mar 2018

German energy giant Innogy has entered Australia’s utility-scale solar market, acquiring two undeveloped solar projects from Australian developer Overland Sun Farming.

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15MW hydrogen power plant to be built in South Australia

12 Mar 2018

German company thyssenkrupp is working with The Hydrogen Utility (H2U) to develop a 15MW hydrogen electrolyser power plant in South Australia.

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Benchmark Report 2018 promotes Australia as a leading global economy

2 Feb 2018

The Australian Trade and Investment Commission (Austrade) has launched Australia’s new Benchmark 2018 report.

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