Today is a massive victory as we deliver the good news! Maoneng has partnered with Gaw Capital - creating Gaw Maoneng Renewables- to fast-track the development of 1.9GW of BESS and Solar projects with a total investment north of A$2 billion. South Australia, Victoria, and New South Wales are home to the six projects. It will not only close the gap in meeting the state's renewable target, but it will also help Australia achieve its net zero ambitions. Morris Z., Gaw Maoneng Renewables Chief Executive, and Managing Director said: “The transition to renewable energy in Australia is accelerating under this government’s policy. And batteries are a key piece to the puzzle in facilitating higher grid penetration by solar and wind. The partnership lets us focus on the job and get it done sooner.” Christina Gaw, Managing Principal, Global Head of Capital Markets, and Co-Chair of Alternative Investments of Gaw Capital Partners, said: “With the growing interest conveyed to us by many of our institutional investors to allocate capital to tangible assets in the clean energy and ESG space in Asia and Australia, we are very pleased with the opportunity to back one of the largest energy infrastructure investments in support of Australia’s energy transition away from fossil fuels.” Herbin Koh, Director, Head of Venture and Growth Equity of Gaw Capital, said: “We have been looking for some time at an eligible entry into the clean energy investment sector, and utility-scale batteries underpin the dispatchable energy requirements for the grid to transition from its mix from coal and gas to renewable energy generation. “We are pleased to work with Morris and the Maoneng team." Source: https://bit.ly/3scEKux Visit our website to know more. https://bit.ly/3eHPoX8 #Maoneng #RenewableEnergy #BESS #GawCapital
Maoneng
Renewable Energy Power Generation
Sydney, New South Wales 4,045 followers
Maoneng | Energy Transition | Developer | Owner & Operator | ESG | Renewable Energy | Solar PV | Battery
About us
Our mission, as a world-class renewable energy investment and development company is to support the transition of economies around the globe from fossil fuel to renewable energy through the deployment of innovative and sustainable technology. Our management team has led the development, financing, and delivery of over 400MW+ industrial and utility scaled rooftop and ground-mounted solar PV projects, involving over $450 million worth of capital investment. Maoneng is at the forefront of Australia’s march towards being fully powered by clean energy. As a developer, we answer the demand for renewable energy and has been doing so for more than a decade. Passionate about technology and staying on the cusp of innovation, we are always looking for new opportunities to increase clean energy uptake, to keep up to date on opportunities and projects see our website - https://maoneng.co
- Website
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https://maoneng.co
External link for Maoneng
- Industry
- Renewable Energy Power Generation
- Company size
- 11-50 employees
- Headquarters
- Sydney, New South Wales
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Renewable Energy Investment and Development
Locations
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Primary
333 George St
Level 13
Sydney, New South Wales 2000, AU
Employees at Maoneng
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Chen Kevin Chen
Head of Energy Systems at Maoneng
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Milton Zhou
Co-Founder of Maoneng | Investor | Entrepreneur | Strategist | Developer | Owner & Operator | ESG | Renewable Energy
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Yolanda Zhao
The road to happiness is full of hardships
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Precious Jo Aniceto
Human Resources Manager of Maoneng Group | Energy Transition | Developer | HR Strategy Creation & Execution | ESG | Renewable Energy