Trends in Clean Energy

Trends affecting Clean Energy companies

30.4.2024

Derek Thomson, Director of our dedicated Clean Energy and ESG division, gives us a wrap up of some of the recent trends affecting Clean Energy companies based on his conversations with clients.

Delayed and denied environmental approvals

The Federal Government’s decision not to approve Ark Energy’s Wooroora Station Wind Farm project west of Cairns is a reminder that despite the urgent need for new renewable generation capacity, governments are going to hold firm on environmental approval fundamentals. These delays and forced exits due to government environmental directions will likely increase caution amongst investors.

Project delay – grid connection

Likewise, delays in building new grid capacity is putting pressure on approvals of large projects.

Last year TagEnergy reported a nine-month delay in getting a grid connection agreement that cleared the way for the project to progress to financial close. Several projects in Queensland are delayed due to approvals for grid connection extending beyond the development process timelines. This is putting pressure on investment strategy execution for these developers. The issue is the number of proposed projects and the time taken to build out the grid to support the new infrastructure. Concentration of Clean Energy projects close to existing grid infrastructure is overloading the capacity of the current network forcing some projects into curtailment until new grid capacity is delivered.

Movement toward smaller, behind-the-metre projects

Developers are considering moving their focus to smaller behind-the-metre projects for better financial returns and to bypass some of the grid issues. Often these projects have direct offtake with an industrial customer and the potential for expansion to feed into the grid later. Capital funding is an important consideration as the size and volume of the projects often require a different set of investors from those who have underwritten traditional large-scale projects and this often requires resetting capital management strategy.

Investment in stakeholder management and ‘social license-to-operate’

Many of our clients have increased their focus on activities that increase their reputation and ‘social license-to-operate’. Increasing communications with stakeholders who may be affected by proposed projects, and direct consultation to identify and address issues early can mitigate the risk of project delays. Our clients are reporting an increase in trust and feedback, indicating that stakeholders feel they are part of the decision-making process. This is leading to increased co-operation and collaboration around stakeholder issues and concerns.


If you’re interested in finding out more about the trends affecting Clean Energy companies, or if you’re a mid-market business looking to commercialise a clean energy initiative or invest in the sector, our dedicated Clean Energy division is here to help. Find out more.

28.5.2024

The Federal Budget and Clean Energy

The need for support to raise Clean Energy capital Australia’s May 2024 budget prioritises clean energy manufacturing, aiming to make the country a key supplier in the global transition. Tax incentives are offered for hydrogen, battery, and solar cell production, alongside critical mineral mining and processing. This will foster new industries, jobs, and investment. The […]

Read more
28.5.2024

Sector Dashboards May 2024

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
Drivers of investment Australia Japan
30.4.2024

Key drivers of investment between Australia and Japan

Australia and Japan’s trade and investment partnership traces back to the mid-19th century. From the initial exchange of coal to today’s intricate network of investments spanning various sectors, the ties between these two nations have evolved significantly. The bilateral relationship between Australia and Japan has not only endured but flourished. In 2023 alone, the two […]

Read more
30.4.2024

Sector Dashboards April 2024

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
Trends in Clean Energy
30.4.2024

Trends affecting Clean Energy companies

Derek Thomson, Director of our dedicated Clean Energy and ESG division, gives us a wrap up of some of the recent trends affecting Clean Energy companies based on his conversations with clients.

Read more
29.4.2024

Australian engineering firms join for a “critical” common purpose

Governments, communities and businesses have committed to decarbonisation making the transition to clean energy a top priority. To build clean energy systems like solar and wind, as well as batteries for storage, we need critical minerals like copper, lithium, cobalt and nickel. As demand for these minerals has skyrocketed, so has the demand for the […]

Read more
26.3.2024

Sector Dashboards March 2024

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
26.3.2024

M&A and ultrarunning – the five similarities

Running an M&A process is similar to ultrarunning according to Mark Steinhardt, InterFinancial Executive Director. He’s done a fair bit of both so, after slogging it out over 80kms in Noosa recently, he decided to pen his thoughts on the similarities between M&A and ultrarunning. Originally shared as an article on Mark’s LinkedIn here: ________________ […]

Read more
25.3.2024

InterFinancial supports DDH Graham to complete cross-border corporate lift-out

Established in 1981, DDH Graham offers a wide range of investment products and services including cash management accounts, a variety of managed funds as well as super and non-super administration capabilities. With the leader of its administration business transitioning into retirement and increased regulation and market consolidation, DDH sought to explore options for potential partners […]

Read more