Eco Investor magazine was a specialist environmental investment magazine that was published from 2005 to 2019. It was designed for investors in listed cleantech and clean energy shares with articles, profiles, analysis and comment on environmental companies on the ASX. It also covered investment strategies, and environmental issues of interest to investors.

While the magazine is no longer published, you can still access its complete contents through the Eco Investor Database, or read a selection of free articles below.

The articles are under the headings of Features & Opinion, Core Securities, Pre-Dividend Securities, Pre-Profit Securities, and Pre-Revenue Securities.

There are also stories from full editions of Eco Investor, Eco Innovation and Eco Innovator newsletter, and Eco Investor Update, and there are stories on Unlisted Companies, International Shares, Property, Fixed Interest, and Superannuation.

There are also the presentations from the Eco Investor Forums and the Eco Innovation Forums.

Core Securities

No Shortage of Excellent Long Term Share Price Performances
Many environmental stocks have shown outstanding share price performance since their listing on the ASX. Here are seven examples that prove that good stock selection among environmental stocks can lead to excellent share price performance and capital gains. Eco Investor classifies all seven stocks as core securities and so their total shareholder return would be higher as they also pay dividends. In alphabetical order the seven are... More

First Sustainability Report for GWA
Water management company GWA has produced its first stand alone Sustainability Report. In previous years sustainability was covered in its annual reports. The company says sustainability is at the core of its business, and that its objectives are to operate sustainably by managing its resources as efficiently as possible, acting in a socially responsible manner, and providing products and systems that offer better water saving solutions. More

Contact Energy Promotes its Sustainability
New Zealand utility Contact Energy has promoted its sustainability credentials to an international audience in Europe, saying it is remains committed to decarbonization and working to lower the carbon emissions of its own operations and those of its customers, partners and suppliers. More

International Acquisition for GWA
When GWA Group sold its Door & Access Systems business for $107 million it said it would invest some of the capital in expanding its Bathrooms & Kitchens business and it has done that with an offer to acquire Auckland based and New Zealand Stock Exchange listed Methven Ltd. More

The Season of Sustainability Reports
The annual report season is quickly followed by the annual sustainability report season and this year there seem to be more sustainability reports than usual, which is not surprising as some companies have brought out their first reports. Among the core environmental stocks to have recently produced sustainability reports are Tassal, New Zealand King Salmon, New Energy Solar, Blackmores, and Kathmandu, while Bingo Industries, Cleanaway and Sims Metal Management have included a sustainability report or review in their annual reports. More

Tassal to Boost Australian Prawn Farming
Tassal has become one of Australia's largest prawn farmers and aims to lead the growth in Australia's prawn aquaculture industry following its acquisition of the Fortune Group. More


Two Australian Solar Farms for New Energy Solar
New Energy Solar has added the first two Australian solar farms to its portfolio of US solar assets, continuing its rapid growth since its IPO last December. The first is the Manildra Solar Project west of Orange in central NSW. The second is the Beryl Solar Farm 5 kilometres west of Gulgong, also in central NSW. The vendor of both is a subsidiary of First Solar, Inc. More

New Zealand Utilities Promote Electric Vehicles
Electrifying New Zealand's transport sector makes a lot of commercial and environmental sense. And with New Zealand's electricity grid showing little growth in demand, it is not surprising that New Zealand's utilities are prime promoters of electric cars. More

A Good Future for Manufactured Housing
The future of manufactured housing looks good with Ingenia Communities Group publishing a chart showing strong growth and outperformance in the US of manufactured housing compared to other commercial property sectors. More

Cleaner Eco Focus for Gale Pacific
Gale Pacific has come a long way in its plan to become a focused technical fabrics company as it has now sold most of its non-core businesses. In the process it has improved its environmental focus. More

More Light on Beacon Solar
So far Beacon Lighting has given little information on how its small growth business, Beacon Solar, is going. This year there is a tad more information. Beacon is near the end of a National Solar Project installing 4 MW of solar energy on the roofs of over 70 of its retail stores. More

Meridian Energy Looks for Growth Options
With the New Zealand electricity market experiencing flat demand over the past five years, utility company Meridian Energy is looking at a number of strategies to grow its sales. All of these focus on its commitment to being a sustainable business that generates only renewable energy, mostly hydro with some wind energy in both New Zealand and Australia. More

Pacific Energy Tracking Well
In May Pacific Energy's share price touched 76.5 cents, and in February it touched 77 cents - only half a cent off its all time high. The point however is that the all time high was in November 1999, nearly 18 years ago. Since 2016 the share price has more than doubled from 35 cents. The company looks to have got its act together and has released an impressive set of charts to illustrate its growth. More

Australia Contributes to Metro Glass Profit
Australian Glass Group, which New Zealand's Metro Performance Glass acquired last September, has contributed to Metro Glass' strong revenue growth and net profit. For the year to 31 March, Metro Glass' revenue grew by 30 per cent to NS$244.3 million, while its New Zealand based revenue grew 14 per cent to NZ$213.8 million. More

Qube Starts Work on Rail Precinct
Qube Holdings has officially commenced construction of its Moorebank Logistics Park, which will be the largest intermodal logistics precinct in Australia. It has also commenced an underwritten $350 million equity raising to help fund the new warehousing and growth expenditure. More

MD and Short Seller Action at Quintis
Drama unfolded at newly rebranded Quintis with the founder and managing director Frank Wilson resigning to join a possible takeover consortium only days after TFS Corporation changed its name to Quintis and a short seller hit the stock and drove the price to a three year low of 97.5 cents. More

Blackmores on Four Corners
Vitamin and mineral companies Swisse and to a lesser extent Blackmores were part of an ABC Four Corners program that was critical of complementary medicines. Although the sales of supplements are strong and growing both in Australia and overseas, the program cast doubt on the level of health benefits, if any, of many of the products. More

New Farming Methods for Tassal
Tassal said it would implement innovative fish farming techniques at Okehampton Bay in Tasmania now that the Marine Farming Planning Review Panel has assessed that the company's lease at the Bay is suitable for salmon farming. More

Four Year High for Sims Metal
There is a very strong correlation between Sims Metal Management's buy and sell prices and the prices of iron ore and coking coal, and ferrous prices on the London Metals Exchange, said Sims' managing director and chief executive officer, Galdino Claro, at the company's annual general meeting. More

Holiday Park Acquisitions for Aspen
Aspen Group's focus is on building a strong affordable accommodations business and re-establishing scale to its business, said chairman, Clive Appleton, at the annual general meeting; and in line with this the company has expanded its tourism portfolio with the acquisition of two new holidays parks. These are BIG4 Koala Shores Holiday Park and BIG4 Tween Waters Holiday Park, both in NSW. More

Tox Free Acquires Medical Waste Business
Hands up all those environmental investors who remember SteriHealth? The medical waste company was delisted in a privatization in 2014 but is now back on the radar as it has been acquired by Tox Free Solutions. In the meantime it changed its name to Daniels Health Australia. The seller is its founder, Dan Daniels. The company's value at the ASX delisting was $34.2 million and its current enterprise value is $186 million, so there has been some growth. More

Divestments and Acquisitions for Ingenia
Ingenia Communities Group has sold the majority of its Deferred Management Fee (DMF) portfolio, as has been planned, and has acquired two more lifestyle parks using the funds from its June placement. The sale involves five of the eight DMF assets and will see Ingenia retain a minority stake and management rights. The sale will release net cash of $41 million to grow Ingenia's lifestyle communities business. More

August Increases Dividend
Unlisted investment company August Investments increased its final dividend for 2015-16 to $6 per share fully franked, bringing the full year dividend to $12 per share. The equivalent 2014-15 full year dividend was $9 per share. Managing Director, Damien Lynch, said three features were noteworthy for the year: continuing high returns, increased interest from investors, and the company's return to community based investments. More

Bigger Cleantech Profits
The Australian listed cleantech sector had an excellent year and reporting season for 2015-16, particularly among the leading stocks where many had outstanding profits and dividend growth. More

Metro Performance Glass Acquires Australian Glass Group
New Zealand's Metro Performance Glass has entered the Australian glass market and added to its environmental glass business with the acquisition of Australian Glass Group (Holdings) Pty Ltd. Australian Glass Group was founded in 2008 and is now the third largest glass processor in Victoria and New South Wales. It has glass processing plants in Melbourne and Sydney and these supply double glazed glass units, custom laminates and toughened safety glass... More

New Strategy for Energy Action
Former market darling Energy Action is aiming to renergize with a new strategic plan that capitalizes on three trends in the energy market - microgrids, big data, and the National Australian Built Environment Rating System (NABERS) for energy efficient buildings. It has also reorganized its core product offerings and launched an Energy Metrics Platinum service. More

Pacific Energy Offers Hybrid Diesel-Solar Power Stations
Pacific Energy has added to its environmental capabilities by entering an alliance with juwi Renewable Energy, a German world leading renewable energy company. The alliance will focus on off-grid mining projects that integrate solar and battery power with diesel or gas fueled power. More

Double Glazing Boosts Glass Profits
Some positives in the New Zealand double glazed window market helped Metro Performance Glass increase net profit for the year to 31 March to NZ$20.5 million. For the previous corresponding eight months since it listed in July 2014 its net profit was NZ$9.5 million. Sales also rose strongly to NZ$188 million from NZ$115 million over the same periods. More

More Landfill Gas for Energy Developments
It is good to see Energy Developments continuing to grow under its new owner, DUET Group. The latest moves are the acquisition of a landfill gas business in Perth and the go-ahead to build, own and operate a landfill gas facility in Ohio, USA... More

Important Acquisition for Tox Free Solutions
Tox Free Solutions has added significant bulk in NSW with the $70 million acquisition of Worth Corporation Pty Ltd. Tox paid in cash and raised $20 million in an institutional placement and will raise another $4 million through a share purchase plan, both at $2.55 per share. Worth is a leading liquid waste and industrial services business... More

Beacon Lighting Justifies Early Promise
After a strong rise, Beacon Lighting's share price has been trending sideways since February, despite achieving record sales and record profits in 2014-15. The company said the results were driven by strong sales growth, solid gross profit growth and expense productivity gains. Sales growth was 19 per cent to $179.4 million. After tax profit rose 43 per cent to $16.9 million. The fully franked dividend rose 200 per cent to 4.2 cents per share. More

Transpacific Now Cleanaway
Transpacific Industries has completed its name change to Cleanaway Waste Management, and reported a half year profit of $23 million to turnaround last year's December half loss of $42 million. Revenue was up 8 per cent to $747 million. Chief executive Vik Bansal said trading conditions are flat so the positive results reflect the early success of initiatives across the company. More

Steady ASX Listing for Contact Energy
When it comes to renewable energy, New Zealand keeps giving with the latest instalment being the dual-listing on the ASX of Contact Energy. The listing was announced in early August last year when Origin Energy said it was selling all of its 389 million shares in Contact Energy, and the listing occured on 24 September with the shares opening at $4.40. The shares have kept their value, trading between $4.95 and $4.18 and mostly recently at around their opening price of $4.40. More

Aspen Sells Aspen Parks
Aspen Group sold its 42 per cent stake in Aspen Parks Property Fund to Discovery Parks, which now owns just over 90 per cent of Aspen Parks. Discovery Parks is wrapping up the takeover offer before it moves to compulsorily acquire the securities it does not have. For Aspen Parks security holders, the successful takeover means they have sold out of an illiquid unlisted fund at a 39 per cent premium to net asset value and have cash in hand. For Aspen Group security holders, the situation is a little different. More

Is Australian Ethical Investment Ltd a Value Investment?
A general principle in value investment circles is that the higher the rise in a company's share price, the lower the value of those shares. But is this necessarily so? We will use the ASX listed shares of Australian Ethical Investments Ltd (Australian Ethical) as an example. Australian Ethical is a funds management company with $1.2 billion under management. The organization is considered by many to be the premier ethical investment group in Australia, with high returns to fund investors and a strong green and social focus for its investments. The company's share price on the ASX is currently $61, a rise of 300 per cent over the last three years. More

NZ Utilities Safe from Technology Changes
While the rise of renewable and distributed energy and energy storage are expected to severely challenge the business models of Australia's largest utilities, this is not the case for New Zealand's renewable energy based utilities such as Meridian Energy and Mighty River Power. Meridian Energy says marine and wave technology are not expected to be cost competitive in NZ for the foreseeable future, while grid scale solar PV is not expected to be cost competitive for 20 years. Nor will the imminent rise of battery storage dramatically change the market as NZ already has significant energy storage capacity through its many hydro lakes. More

Gale Pacific Strategy Working
Gale Pacific's restructuring appears to be working with the company upgrading its earnings guidance for the first half and in response its shares hit a one year high of 30 cents. The new guidance is profit before tax of between $2.75 and $3.25 million with the full year profit before tax expected to be weighted to the second half when growth on the previous corresponding half is also expected. More

Can Beacon Lighting Sustain its High Growth Rate?
Beacon Lighting is Australia's leading lighting retailer with 78 company-owned stores and 13 franchised stores around the country. The company is focused upon the middle to upper residential market segments with 90 per cent of its products designed, manufactured under licence and distributed in-house. The company has grown quickly in recent years... More

Ingenia to Consolidate Securities
Ingenia is looking to make itself more attractive to institutions and other investors through a share consolidation, while its active acquisitions strategy is continuing to add to its medium and long term investment profile. Ingenia is to ask security holders to approve a one for six security consolidation. Ingenia is hoping for a longish list of benefits. More

Can Energy Action Regain its Earnings Growth Profile?
Energy Action appeared to be a true growth stock for the first two years on the ASX but more recently Energy Action has been an under-performer as the market has questioned the company's long term earnings growth prospects. We investigate the company's earnings growth prospects at this time of uncertainty. More

Record Results for Beacon Lighting
After a strong rise, Beacon Lighting's share price has been trending sideways since February, despite achieving record sales and record profits in 2014-15. The company said the results were driven by strong sales growth, solid gross profit growth and expense productivity gains. More

Sims Result Well Received
Sims Metal Management saw its share price jump $1.71 or 18 per cent when it announced a solid profit for 2014-5 of $110 million, reversing the prior loss of $89 million. More

More Growth from Ingenia
Ingenia Communities Group has acquired another holiday and accommodation park, this time on the NSW south coast where it will form the basis for a new Southern NSW cluster of parks. The Group also announced an increase of $20.3 million or 2.3 cents per security in the value of its property portfolio. More

Movement at Qube's Rail Development in Sydney
Two medium term factors will affect Qube Holdings' performance with the company downgrading its expected underlying earnings from its Ports & Bulk division for 2015-16, and on a positive note signing conditional contracts for the development of the Moorebank Intermodal Terminal Project in Sydney. The latter is good news for environmental investors as the rail freight terminal will reduce heavy truck journeys in Sydney. More

Trending - Energy Developments
Amid all the gloom in the environmental sector since Tony Abbott assumed leadership of the Liberal Party and became prime minister, it is sometimes easy to forget that many of the leading cleantech stocks are doing well. One is Energy Developments. More

More Downside from Energy Action
Energy Action's shares continued their downward trend by plunging 44 per cent or 87 cents to an all time low of $1.11 after the company downgraded its earnings forecast for the full year. More

Tassal to Expand Into Other Seafoods
Tassal Group's shares fell 42 cents or 12 per cent in the space of seven days, with not much news in between. A couple of days earlier the company released its sustainability report, which was detailed and positive. But during the fall it put out a statement in response to what it called speculation in the media that a potential acquisition of De Costi Seafoods had been completed. It said the rumour was not correct. More

Environmental Investments Pay, Says August Investments
February 2015 was one of the best months ever for the increase in shareholder value for August Investments. Managing director Damien Lynch said "Our share valuation was up 5.8 per cent for the month. So far this financial year, our share valuation (adjusted for the dividend in December) is up 15.3 per cent." The 5.8 per cent increase exceeds the 5.3 per cent increase in the All Ordinaries Index for February – and August has only 70 per cent of its portfolio in listed equities, he said. "Who says green investments don't pay?" he asks. More

Great Profit Season Shows Companies' Trends
Profit season is great for sorting the sheep from the goats and this season's interim results clearly group most of the core cleantech stocks into three groups: strong winners, those marking time, and those that have issues and went backwards. More

Many Records for Reece
Reece Australia continues to power ahead with record revenue, profit, interim dividend and share price. The company's December half sales revenue was up 25 per cent and topped one billion at $1.049 billion. Net profit rose 34 per cent to $80.2 million. And the company's shares hit an all time peak at $34.20 on 23 February, a few days before it released its results, and remained around that level and peaked again at $34.50 after the results. More

Star Performance from TFS
One of the standout performers of the interim reporting season was TFS Corporation. Net profit rose a mighty 1,598 per cent to a record $55 million from only $3.2 million in the December 2013 half year. Earnings per share did something similar and rose 1,363 per cent to 16.92 cents from 1.16 cents. Not surprisingly the share price followed with a 20 per cent leap to a high of $1.90. More

Qube to Develop Rail Freight Precinct
A rare environmental winner from the rise of the Abbott Government is Qube Holdings, which has reached an agreement with the Federal Government to combine their land holdings and develop the Moorebank intermodal rail project in south west Sydney. Read More

Transpacific Joins Core Securities
Eco Investor has upgraded Transpacific Industries to a core security, following its years of restructure and the reinstatement of its dividend. In October Transpacific will pay a final dividend of 1.5 cents fully franked, the first dividend since 2008. The company intends to pay a regular dividend of 50 to 75 per cent of underlying net profit after tax. Read More

Sims’ Shares Make Strong Recovery
Sims Metal Management’s shares have made a strong recovery since 23 July when the company announced the results of its strategic review and a five year plan. In less than a week the shares rose from $10.16 to a two year high of $11.99, an increase of $1.83 or 18 per cent. Read More

Pre-Dividend Securities

Supplying the Fast Charging Electric Car Market
The rise of electric cars means there will be growing opportunities for parts suppliers and this is happening with ASX listed Rectifier Technologies now focused on building a business supplying rectifiers for the growing market in electric car charging stations. More


11 Year High For Phoslock
In late July shares in Phoslock Water Solutions, soon to be Phoslock Environmental Technologies, reached an 11 year high of 46.5 cents. This is close to their all time high of 49.5 cents in February 2007. The shares listed in August 2002 at 20 cents, and in 2015 they were just above 2 cents, so it has been a long effort and the company has workd hard for the shares to recover and now, for the second time, to more than double their original value. More

Record High for Orocobre
Orocobre's shares reached an all time high of $7.44 in late January, having been only $2.60 last March. The run is well deserved given the time, capital and work it has taken for the company to begin lithium production at its salars in Argentina. What the share price will do now is another matter. More

Large Solar Energy IPO
Investors who want to back solar energy projects and project owners have another option with the IPO of New Energy Solar Ltd. The company listed on 4 December after raising $202 million. Its target was up to $200 million. The offer price per stapled security was an indicative range of $1.45 to $1.55, and they were issued at $1.50. More

Windlab Begins Building Big New Wind Farm
Shares in newly floated Windlab have continued to fall and the $2 shares touched a post IPO low of $1.47 in late October, only two months after listing. This was despite the company announcing that construction is to begin on its $160 million Kennedy Energy Park hybrid wind and solar energy project in north Queensland. The shares have since turned up and are now around $1.70. More

Two Share Plunges for Murray River Organics
Murray River Organics' shares lost 75 per cent of their value over May, falling in two major down steps from $1.13 to a low of 28 cents. One of two positives to emerge is the high level of confidence that the board has in the company. On the way down, four directors bought a combined 2,633,300 shares worth $1,009,725 at prices from 66 cents to 36.5 cents. More

Duxton Water Fully Invested
Duxton Water has fully committed the capital it raised in last year's IPO. At 31 March it had invested $63 million in water entitlements or 94 per cent of its portfolio. It has entered into contracts, agreed terms for contracts, or has pending offers for contracts for another $4.4 million of water entitlements. When complete, these will make its portfolio fully invested. More

New Wind Farm for Infigen
Infigen Energy is to build the 113.2 MW Bodangora wind farm near Wellington in New South Wales and has launched an underwritten capital raising of $151 million to pay for the equity component and to possibly refinance its Global Facility and Woodlawn Project Finance Facility. The institutional entitlement offer and the retail entitlement offer are at 89 cents per security. More

Downgrade for Bellamy's Australia
Eco Investor has downgraded Bellamy's Australia to a pre-dividend security as the company will not pay a dividend for the December half year. The company said its cash position was materially impacted by an increase in inventory, so that may be the reason for the lack of a dividend. It anticipates returning to positive free cash-flow by the middle of this half. More

Energy Action Downgraded to Pre-Dividend Security
Eco Investor has downgraded Energy Action to pre-dividend security as the company has suspended its interim dividend following a disappointing profit result. The company said the lack of a dividend was due to the decline in its operating net profit after tax, which fell 45 per cent to $0.8 million. But its net profit was even lower at $0.29 million. More

Orocobre Makes Maiden Profit
Eco Investor has upgraded Orocobre to a pre-dividend security as the company made a maiden profit in the December half year of US$7.3 million. Its loss for the December 2015 half was US$20.4 million. However, Orocobre is still a growth company and a long way from paying a dividend as it has expansion projects underway and under planning that will require capital. More

New Zealand Aquaculture Listing on ASX
The listed aquaculture sector has another player with New Zealand King Salmon Investments Ltd listing on the NZX and ASX on 18 October in a tightly held IPO backed by private equity. The float has been successful with the shares issued at NZ$1.12 and opening on the ASX at $1.15. They have since traded between $1.15 and $1.02. More

Next Step for BluGlass Evaluation
BluGlass and its industry partner Lumileds are moving to phase II evaluation of BluGlass' RPCVD technology for some specific LED applications following the successful delivery of the Phase I technical milestones. More

Infigen Returns to Profit
The takeover inquiry that helped fire Infigen Energy's share price earlier this year is no longer live, but Infigen Energy's managing director, Miles George, said the company remains open to proposals that can add value to shareholders. More

International Deals for Pacific Environment
Pacific Environment's work to commercialize its EnviroSuite software offshore is paying off with two new deals: in England with Thames Water Utilities Ltd and in Spain with Libelium. Thames Water has 15 million customers and is the UK's largest water and wastewater services company. More


HRL Upgraded to Pre-Dividend Security
HRL Holdings' strategy of refocusing from geothermal energy to environmental services has paid off with the company announcing a net profit for the December half of $339,297. The December 2014 half year loss was $1.48 million. Although the profit is modest, the underlying net profit was also positive at $556,014 and Eco Investor has upgraded the company from a pre-profit to a pre-dividend security. More

Another High for Bellamy's
Bellamy's Australia's shares keep rising and in mid June hit another post IPO high of $4.55. It came a few days after Bellamy's upgraded its profit guidance for the full year. Its IPO price, only last July, was $1. More

Infigen Benefits From RET Talk
Infigen Energy's shares touched a three year high of 34 cents on 4 May. There was little company news so a likely cause may have been media talk that many of the participants in the debate over the large scale Renewable Energy Target would be happy to compromise at a target of 33,000 GWh. The government appears to be the only party not yet ready to compromise at this level, although a Liberal member in Victoria came out on TV in support of the compromise so it would assist with job creation in his electorate. More

Bellamy's to Beat Prospectus Forecasts
Organic baby food maker Bellamy's Australia expects to exceed its prospectus forecasts for 2014-15. If the momentum continues in Australia and China and normal formula ingredient supply arrangements, it expects the business will exceed its prospectus forecast for sales and for net profit by 20 per cent each. Read More

Private Equity Begins Energy Developments Exit
Infigen Step Closer to Selling US Assets

Pre-Profit Securities

Pilbara Minerals Starts Earning Revenue
Eco Investor has upgraded Pilbara Minerals from a pre-revenue to a pre-profit stock as the company has commenced sales and first revenue. Last month it officially opened its Pilgangoora Lithium-Tantalum Project 120 kilometres south of Port Hedland in WA. For the September quarter, the company received revenue of $16.4 million. At the end of the quarter it had a very healthy cash position of $90.6 million. More

Another Way to Turn Food into Food
A new way to be efficient in agriculture is RotoGro International's Rotational Hydroponic Garden Systems that can save on space, water, fertilizer and pesticides. Each garden system is shaped as a cylinder, not unlike a large compost tumbler or 44 gallon drum. More

New Strategy for Carnegie, Subsidiary for Tag Pacific
In an unexpected change of strategy, Carnegie Clean Energy is to merge its 2016 acquisition, Energy Made Clean, with ASX listed Tag Pacific. Carnegie will return to its former focus on commercializing its world leading wave energy technology. Tag Pacific and Energy Made Clean are both renewable and remote energy project developers and together will become a larger remote area energy specialist under the new name of MPower. More

Another Energy Efficiency Hopeful
Energy efficiency companies have found it tough going in the ASX, and while Buddy Platform has had a good share price run over the past year it still has a long way to go to achieve profitability. In January last year the shares for Buddy Platform were 5 cents, by November they had peaked at a four year high of 41 cents, and this January they were still just above 20 cents. It was a good ride if you caught it and got out at the right stop. So what is the story, and what's the catch? More

More Changes at Vmoto
Vmoto is one of those companies that has a great idea and products - electric scooters - but is taking a long time to commercialize them and still seems a long way from getting some serious traction. One big roadblock was out of its hands: for some time now some Chinese local governments have cracked down on electric scooters, which has dampened Chinese sales. This has now impacted Vmoto's Chinese joint venture. More

NSW's Largest Grid Support Battery
Shares in Tag Pacific doubled in October to a three year high of 10.5 cents. During that time Tag made two announcements - its subsidiary MPower won a contract from Endeavour Energy to design, build and integrate a 1 MW battery energy storage system (BESS) that will be NSW's largest grid support battery system; and MPower also launched what it said is its next generation of battery energy storage capability. More

Redflow Raising Leaves out Retail Investors
Redflow is raising up to $14.5 million at a very cheap 10 cents per share but the offer is not available to its retail investors. More

ReNu Energy Steps Up Solar Focus
Having recently added solar energy as a key area of focus for its business, ReNu Energy has moved quickly to build its solar assets with an alliance with a solar projects developer and the purchase of its first solar project. It has also changed its strategy. More

EnviroSuite Sells Consulting Business
EnviroSuite is selling its Pacific Environment Consulting practice to focus on its environmental monitoring and management services. The sale is a big move that dramatically changes EnviroSuite's business. The buyer is Environmental Resources Management (ERM), said to be the world's leading environmental and sustainability consulting group. More

Secos Targets Profitability
Biodegradable and compostable plastics maker Secos Group says it is getting closer to achieving group profitability now that two of its three business units are operating profitably. More


Lighting Efficiency to Order
Commercial and industrial lighting efficiency company Vivid Technology has been indicating it has orders coming down the pipeline and has delivered with orders totaling $300,000 for major retail shopping centres and a financially unspecified order from a ports and logistics company. It has also won an international order. More

All Time High for Clean TeQ
Investors continue to like Clean TeQ's commercialization story with the company's shares reaching an all time high of 94.5 cents on February 27. The high was despite an interim loss announced only days earlier of $8.1 million. Revenue fell to a modest $325,000 and there was a $6.4 million cost for employee expenses of which $4.7 million was share based payments. More

Two More Acquisitions for HRL
HRL Holdings has been growing its environmental laboratory services business through acquisitions and is now taking over two more businesses and raising $8.5 million in an entitlement offer and placement to pay for them. The acquisitions are OCTFOLIO and Morrison Geotechnic. OCTFOLIO is a developer of software solutions for the asbestos and hazardous materials market; Morrison Geotechnic is a Queensland geotechnical engineering and NATA laboratory testing firm. More

Clean TeQ Shares Soar
In five months Clean TeQ Holdings' share price has soared 443 per cent or 51 cents from 11.5 cent in March to an eight year high of 62.5 cents in August. The latest good news is its Chinese joint venture company signing its first water treatment deal. More

Good IPO for Plastics Recycler
What to do with mountains of waste plastics has long been a key environmental question. One answer has been turning them into harder-wearing and longer-lasting substitutes for timber products and that is the solution being commercialized by Range International, which debuted on the ASX on 22 July after raising a not insignificant $50 million. More

Big Revenue Rise for Greenearth Energy
Could Greenearth Energy's energy efficient lighting business finally be coming good? In the June quarter, Greenearth's revenue was $3.32 million, up from $59,000 in the March quarter. The company said the result was due to growing success in its industry focused energy efficiency business, Vivid Industrial, which now includes Ilum-a-Lite which it acquired in March. The June quarter results consolidate the two businesses. More

Five Renewable Chemicals Projects
Leaf Resources has opened another front in the commercialization of its waste biomass technology with a joint venture to develop five green chemicals projects with an established US based global project developer, Claeris, LLC. The joint venture vehicle is Leaf Development, LLC. This will combine Claeris' ability to develop large-scale renewable projects with Leaf Resources' Glycell process that can economically break down waste biomass and turn it into cellulosic sugars that are a feedstock for renewable biobased chemicals, bioplastics and biofuels. More

Room to Move for RedFlow
RedFlow has plenty of room to move on the pricing of its ZCell home battery system if it needs to, said company chairman Simon Hackett. Last month RedFlow revealed the enclosure for the residential energy storage system, and expects the first shipment of ZCell batteries to arrive in Australia late this month for testing. The initial price of a storage system without solar panels will vary with capacity and installer but a standard 10 kilowatt hour installation is expected to cost around $15,000 to $18,000. More

Commercialization Successes for Eden Energy
Shares in Eden Energy reached an 8 year high of 34.5 cents with the company announcing some key successes in the commercialization of its carbon based concrete additive that can greatly reduce the volumes of concrete used in commercial and infrastructure applications. Concrete is a major greenhouse gas emitting industry... More


SECOS Responds to Banning Compostable Plastic Bags Idea
The push in Australia to ban plastic bags could affect biodegradable or compostable bags, including those made by SECOS Group. Jeff Angel, convenor of the Boomerang Alliance of 34 groups, which is campaigning against plastic bags, said the call includes the so-called biodegradable or compostable bags which are just as dangerous when littered as they don't disappear. However, SECOS chairman Richard Tegoni told Eco Investor that this statement is incorrect. More

Solar IPO With Good-Looking Innovations
It's great to see an innovative solar energy company among the first IPOs for the new year. Trac Group Holdings Ltd is raising between $3.5 million and $6.5 million to begin commercializing its beautiful looking home roof system that can come with or without built-in solar energy and solar hot water. More


Carbon Conscious - How Environmental and Ethical Is Its Farming Strategy?
Carbon Conscious recently announced a major change in strategic direction with their move into dairy production. The company has also notified the ASX of their intention to change the company's name to Alterra at the company's AGM in February to reflect their change in business direction. Prior to this announcement the company's main business activity was the long term contract management of carbon plantation assets... More

There Goes Another Biodiesel Company
Australian Renewable Fuels has placed itself in voluntary administration due to the fall in the oil price and the effect of this on the pricing of its feedstock and on the sale price and margins for its biodiesel. More

Reducing Commercial Building Emissions
Eco Investor has been writing about BuildingIQ, Inc. since the company was founded in 2009 so it is encouraging to see it now issue a prospectus to list on the ASX. The energy management software and service company is raising $20 million through an offer of $1 CHESS Depositary Interests (CDIs) and expects to list on 17 December. More

RedFlow Targets Miners and Householders
Energy storage maker RedFlow has urged mining companies to look at deploying renewable energy with on-site power storage to cut their energy costs at remote sites, particularly now that commodity prices and mining revenue have fallen. The recent world agreement at the Paris UN Climate Change Conference also makes this a practical way in which mining companies can help to reduce emissions. More

The Environmental Benefits of Scandium
Clean TeQ Holdings has released further information on the environmental benefits of scandium, a metal it will mine at Syerston in NSW if a feasibility study and a recovery and purification demonstration plant in Perth perform well. Scandium is lightweight and adds strength to aluminium, giving aluminium weight, fuel and cost savings in the key transport sectors of airlines, motor vehicles, trains and ships where its use is growing and it is expected to be a prefered material for decades. More

No Luck for Geodynamics in Pacific and Desert
All of Geodynamics' geothermal energy projects including the two key projects in the South Pacific and the Habanero Project in the Cooper Basin are on hold and unlikely to make further progress in the near term. Writing in the company's annual report, chairman Keith Spence and managing director Geoff Ward say that the commercial conditions to progress the Pacific geothermal projects are weak. More

Greenearth Energy Raises $3 Million
Greenearth Energy has raised $3 million through a placement at 8 cents per share to professional and sophisticated investors. The capital is to fund growth of its energy efficient lighting business Vivid Industrial and to finalize the ownership structure of its one third owned subsidiary NewCO2Fuels. Vivid Industrial provides intelligent lighting to industry scale facilities with proven savings of over 80 per cent. More

Orocobre's Environmental Impact
With its Olaroz lithium project in Argentina ramping up to full production, Orocobre has put out a statement showing that the project has "a very low environmental footprint". More


Game-Changing Contract for Phoslock Water Solutions
Phoslock Water Solutions has talked about its hopes to land some big contracts and has now done so with a consortium that has won a $10 million contract. Chairman Laurence Freedman said the deal is a game-changer for Phoslock. More

Third Acquisition for HRL
HRL Holdings is undertaking its third acquisition in one year, with the target being AAC Environmental Pty Ltd, an ACT based environmental services and hazardous materials analytical laboratory business. ACC's particular focus on asbestos is relevant in the ACT which is currently an asbestos hotspot due to the well-publicized "Mr Fluffy" loose-fill asbestos insulation demolition program now underway. More

Cardia Bioplastics Now SECOS Group
The merger of Cardia Bioplastics with Stellar Films to form SECOS Group is a positive development for environmental investors. SECOS is double the size of what it was as Cardia and it remains the only ASX-listed stock that is focused on sustainable packaging. Cardia Bioplastics' shareholders overwhelmingly approved the company's changes including the consolidation of its shares, the change of name to SECOS Group Ltd (derived from Sustainable Eco Solutions), and the issue of shares to sophisticated and professional investors. More

Two New Products from RedFlow
Commercial production of RedFlow's battery has commenced with the company having accepted what it says is a competitive turnkey price from its manufacturer, Flextronics. The deal commenced on 1 March. Commercial quantities of the battery are now available and volumes will increase over coming months. RedFlow will also have available two new products in late April that offer significantly lower energy storage and delivery costs compared to the current ZBM battery. More

Solco Downgraded to Pre-Profit Company
There was a modest uptake for Solco's shares under its entitlement issue with the solar energy company receiving 184 subscriptions for $689,294 of the $4.1 million in shares it offered. The take up rate by capital raised was just under 17 per cent. It is not a huge gesture of support for the back door listing of GO Group that will become Solco's main business, but it is enough as Urban Group Energy, the vendor of GO Group, underwrote the shortfall to the minimum sort of $3 million. Read More

Another Prawn Farm on Commodity Groupís Barby
Commodities Group has purchased the prawn farming business of Queensland aquaculture company Coral Sea Farms Australia Pty Ltd through its aquaculture subsidiary, Seafarms Group Ltd. The acquisition will increase Commodity Groupís annual production capacity by 25 per cent, and mean that Seafarms will represent over 30 per cent of Australian production. Read More

Harley-Davidson To Launch Electric Motorcycle
Electric scooter maker Vmoto may have some future competition, future help or both from Harley-Davidson, which has developed an electric motorcycle under its Project LiveWire. Harley-Davidson is working with consumers across the US to gain insights on rider expectations from the project and to shape Harley-Davidson’s first electric motorcycle. Read More...

$8 Million Capital Raising and Schneider Agreement for RedFlow

Pre-Revenue Securities

Greatcell Solar in Administration
Greatcell Solar, which may be better known to many under its previous name of Dyesol, called in the administrators in December after failing to raise enough capital to further the commercialization of its built-in photovoltaic technology. More

Three Battery Developments
Three pre-revenue companies have made significant steps towards developing and commercializing their new battery technologies. The companies have leading edge technologies and one of them says it has achieved a world first. The companies are: Lithium Australia, Protean Energy, and Magnis Energy Technologies. More


Two Steps Forward for Leaf
Leaf Resources has taken two more steps towards commercializing its lignin and glycerol from waste biomass technology. It has signed an exclusive agency agreement with HB International, one of the largest glycerol brokers in the world, for the supply of raw glycerol and the sale of refined glycerol. The second step is entering the biodegradable packaging market, which offers short term revenue while it develops its major plant in Malaysia. More

Change of Focus at Algae.Tec
Micro caps often have several irons in the fire and don't find their main business activity until one of the irons heats us. This looks like it may be happening at Algae.Tec, which has now begun to refer to itself as a "plant-based health & wellbeing company". The company began life on the ASX trying to commercialize a technology that could grow and turn carbon-consuming algae into biofuel. More

Technology Advance for Batteries
Graphite mine developer Kibaran Resources said it has made a major breakthrough in the production of battery-grade graphite using a new environmentally-friendly process that eliminates the use of toxic chemicals. More

First Commercial Graphene Facility
First Graphite has received works approval from the WA Department of Environment Regulation for the construction of a graphene production facility at the Australian Marine Complex at Henderson near Perth. This will be operational in the fourth quarter of this year. First Graphite said it will be the first ASX-listed company to have a commercial graphene production capability. More

New Market and Products for Algae.Tec
Algae.Tec has entered the medical marihuana market, and launched a range of new algae products for the aquaculture and animal feed markets. More

Australian Vanadium Looking at Residential Battery Market
Australian Vanadium's battery subsidiary VSUN Energy says there is strong demand for a residential scale Vanadium Redox Flow Battery (VRB) for the Australian market, and it is undertaking a study into developing a local residential product. VSUN Energy has received over 80 requests for domestic storage devices since its start up a year ago. More

World Solar Record for Dyesol
Dyesol partner Solliance has achieved a world record for perovskite solar cell photovoltaic technology on industrially applicable roll-to-roll processes of 12.6 per cent conversion efficiency at the cell level. The partners said the results pave the way towards an accelerated market introduction of this new source of renewable energy. More

Recycling Cobalt From Lithium Batteries
Recovering cobalt from lithium ion batteries used in consumer electronic devices may be a step closer with Neometals saying that proof of scale test work at its facilities in Montreal, Canada supports the business case to accelerate the commercialization of the technology. The test work was on 100 kilograms of spent lithium ion laptop and phone batteries containing an average of 19.8 per cent cobalt. More

Good Timing for Pumped Hydro
I'm a political junkie but watching Question Time on TV this week nearly cured me. Given the record heat and the blackouts and load shifting in South Australia and New South Wales, I thought the debate on energy policy might be useful. Silly me. Instead I re-learned that Question Time is as superficial as ever. That the Coalition pushing slightly-cleaner-but-still-dangerously-dirty coal power is a policy dead-end from hopeful losers. More

Carnegie Now A Different Company
Carnegie Clean Energy is a different company from what it was as Carnegie Wave Energy and the difference is now reflected in its share price which in late January hit an eight year high of 8.8 cents. Only three months earlier in mid September it was 2.4 cents. More

Sri Lanka Opportunity for Carnegie
Carnegie Wave Energy has added Sri Lanka to its growing list of potential island clients with a memorandum of understanding with Lanka Energy Conservation (Pvt) Ltd. The companies will identify opportunities and development paths for commercial wave energy plants on Sri Lanka, as well as potential microgrid opportunities where CETO wave farms can be integrated into existing or new power infrastructure to supply clean power and freshwater. More

Capital Raising for Kalina Technology
Kalina Power is raising $5 million in the next step to recapitalize and rejuvenate the company. The capital is to strengthen its balance sheet and help it implement its business plan to commercialize its Kalina Cycle technology that uses waste heat from large industrial plants to produce more energy efficient and less greenhouse gas emitting power. More

Vanadium Another Battery Storage Option
With energy storage expected to take off it is worthwhile not to forget that there are other technologies in the market apart from lithium and zinc-bromide flow batteries. One of these is vanadium, another technology in which for many years Australia was a world leader. The angle for investors is local miner, Australian Vanadium Ltd... More

Protean Wave Energy Joins ASX
There is a reason why the Australian wave energy industry is a world leader - it keeps bobbing along, with the latest development being the backdoor listing of Protean Wave Energy, which is commercializing its Protean wave energy converter (WEC) technology. More

US Project for Leaf Resources
Leaf Resources is to build a Glycell biorefinery in the US in a joint venture with US biorefinery company ZeaChem Inc. The two companies are also strengthening their links with Leaf investing $550,000 from current cash to increase its equity stake in ZeaChem to 13 per cent. It has the potential to go to 45 per cent. More

More Delays for AnaeCo
Investors know that commercializing new technology can take much longer than planned and can sometimes seem really hard as new and unexpected problems pop up, and so it is proving to be for AnaeCo and its first municipal waste-to-energy plant. More

More Progress for AnaeCo
The full start-up of AnaeCo's first municipal waste-to-energy plant is continuing with the biological ramp up phase of commissioning now successfully completed and the company's DiCOM bioconversion process meeting expectations and fully proven. The next step is the commencement of performance trials, which will be the final phase in commissioning the Perth plant. More

Geodynamics Buys Biogas Business
Geodynamics has made its long awaited move into a post-geothermal energy business and has chosen biogas. The company has made a takeover bid for Quantum Power Ltd, a company which it says is a market leader in the Australian biogas market. More

Grid Connection for AnaeCo Plant
The commissioning of AnaeCo's Perth municipal waste and waste to energy plant has reached another milestone with its connection to the electricity grid. The plant has received technical and regulatory approvals from Western Power allowing for the 1.2 MW combined heat and power (CHP) gas powered generator to be permanently connected to the grid. More

Technology and Commercialization Changes at Dyesol
Dyesol has come a long way since its IPO featured in Eco Investor's first issue in 2005. The big changes have been in the development of its technology and its path to commercialization, both of which have changed considerably, particularly in recent times. More

US Evaluation of BluGlass Technology
BluGlass has made some progress in the commercialization of its LED technology with large US LED equipment maker, Veeco Instruments Inc, to evaluate p-GAN grown on BluGlass' RPCVD machine for use in power electronics and LED applications. p-GAN is the top layer on a wafer that improves the efficiency of the active layer just below it. More

Solar Thermal Project for Enerji
Enerji is to develop a 10 MW Hybrid Solar Thermal Project with partners Carbon Reduction Ventures Pty Ltd (CRV) and Morawa Solar Thermal Pty Ltd (MST). The $15.1 million project is supported by the WA Government through $3.775 million from the Low Emissions Energy Development (LEED) Fund. Read More

Carnegie Commercialization to Cost $150 Million
In the next two years the long process of raising capital to fund the development of its wave energy technology may finally come to some sort of an end for Carnegie Wave Energy and its loyal shareholders. In 2016, when Carnegie expects to get its CETO 6 based first commercial project up and running at WA's Garden Island, it will have spent $150 million developing and commercializing its technology, said managing director and chief executive officer, Michael Ottaviano. Read More

Steel Roofing with Photovoltaics and Heating
Dyesol could have some competition in the early stage built-in photovoltaics market with BlueScope Steel completely replacing the roof on a home in the Sydney suburb of Glebe with what it says is the first integrated PV thermal system in Australia. The roof combines steel roofing with cutting-edge thin-film solar panels, and is generating reliable renewable energy for the residents. Read More

Geodynamics to Acquire KUTh Energy
AnaeCo's Commercialization Outlook Improves

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Eco Innovation

No 11. May 2013

More Venture Capital for Hydrexia
Queensland company Hydrexia has received a venture capital investment of $9.25 million from the Southern Cross Renewable Energy Fund and ALIAD, a subsidiary of Air Liquide. The Southern Cross Renewable Energy Fund invested $4.5 million. Hydrexia has previously received venture capital from GBS Venture Partners. Read More

$3 Million Wind Energy Raising
Renewable Energy Solutions Australia (RESA) is looking to establish and outsource large scale production of its inverter products, expand the manufacture and distribution of its wind turbines, and commence international marketing and distribution of the inverters and turbines in the US, Japan and UK. Read More

Fast Charger for Electric Cars
A Queensland company has designed a fast charger for electric cars. Manufacturer Tritium says the Veefil can charge electric vehicles to 80 per cent capacity in under 30 minutes. "Reducing the charge time of an electric vehicle from eight hours to less than an hour is a game changer and will be a major boost for the electric car industry," said Parliamentary Secretary for Climate Change, Industry and Innovation, Yvette D'Ath. The Veefil has a small footprint and can be installed in hotels, car parks, airports and shopping centres for easy access and fast recharging. Read More

Updated Ocean Energy Unit
Oceanlinx has unveiled the new design for its blueWAVE ocean energy unit that it says is smaller, lighter and cheaper for deep water applications. The company said continued development enabled it improve performance while reducing overall costs. Each blueWAVE platform is rated at 3 MW and above, which the company says is impressive and with clustering is suitable for utility scale power generation. Read More

Relivit Raises First Round Capital
Nappy recycler Relivit Holdings Ltd has reached its first round funding target, raising $400,000 in a five week campaign. The round was met through cash investments and a convertible note for services. Relivit turns used nappies into plastics for a wide range of products including building products. Read More

Wind Powered Water Pump
A Tasmanian company has received a Clean Technology Innovation Program grant of $157,739 to develop a water pump that is entirely powered by wind energy. Sedwyn Pty Ltd, which trades as SED Water Systems Australia, will use the funds to complete the development of a prototype. Read More

Managing Building Energy a Winner
Energy management software company, BuildingIQ, was one of 10 winners in the 2013 Bloomberg New Energy Pioneers Award for its cloud-based predictive energy optimization technology that can reduce heating, ventilation and air conditioning (HVAC) energy use in commercial buildings by up to 25 per cent. Read More

More LED Lights from LIFX
LIFX has sold out the first batch of its innovative LED light on pre-orders alone and has begun taking pre-orders for the second batch. The Melbourne based company set up in San Francisco and is famous for raising $1,314,542 from 9,236 backers on crowd funding platform Kickstarter. It had initially sought only $100,000 to fund the commercialization and manufacture of the bulb. Read More

Commercializing Hydrogen Production
A Queensland company that has developed a new approach to hydrogen production has received an $86,900 Experienced Executive grant from Commercialisation Australia. AquaHydrex Pty Ltd will use the grant to hire an experienced chief executive and focus on production, developing international markets and raising capital. Read More

Huge Oilseed Plant at Wagga
Riverina Oils and Bio Energy Pty Ltd (ROBE) has developed a 170,000 tonne oilseed crushing and edible oil refining plant at Wagga Wagga. The $150 million plant became fully operational in February and is expected to create around 80 direct jobs, over 500 indirect jobs and contribute significantly to the region's economy. Read More


No 10. April 2013

Energy Storage Project
Energy storage company Ecoult has won a grant from the Australian Renewable Energy Agency (ARENA) to improve its Deka UltraBattery technology that can deliver cost effective energy storage solutions for homes and businesses. The $480,000 grant is for a small/mid-sized storage pilot project to develop a prototype for three types of applications. Read More

The Sound of Chewing Termites
A dramatic reduction in the amount of pesticides needed to stop termites and other pests is possible with a technology developed at Edith Cowan University and now being commercialized. Engineering researcher Associate Professor Adam Osseiran has developed an environmental monitoring and protection device that uses wireless sensor networks to detect several species of pests. Read More

International Renewable Plastics Deal
Plantic Technologies is to supply plastic food trays made from bio-based renewable natural materials to Profish Food B.V. Netherlands, a European agent, processor and distributor of fresh fish. Plantic's eco Plastic trays comprise up to 80 per cent commercially grown natural raw materials certified as renewable material. It also has an oxygen transmission rate of less than one-tenth of one percent, creating ultra high barrier packaging materials that can significantly increase shelf life and improve product freshness. Read More

Biogas IPO to Raise $1 Million
A biogas project developer is looking to raise up to $1 million and list on the specialist SIM VSE stock exchange for early stage cleantech companies. The chairman of Utilitas Dr John Cronin says both gas and electricity prices are rising, yet each year we throw away enough food scraps, manure, sewage and other organic waste to power almost a million homes. Read More

Wave Power Commercialization to Speed Up
Bombora Wave Power, whose novel Wave Energy Converter Device (WECD) was one of five winners in the GE Ecomagination Challenge 2013, is to speed up fund raising and commercialization of the technology. The Ecomagination Challenge was open to all businesses, entrepreneurs and innovators to share their best ideas on how to reduce carbon emissions, and attracted 191 entries from Australia and New Zealand. Bombora won $100,000. Read More

Port Hedland Waste to Energy Project on Way
A 100,000 tonne per year waste to energy project is a step closer with the WA Environmental Protection Authority (EPA) recommending approval for the project. New Energy Corporation wants to build the plant at Port Hedland to process waste that would otherwise go to landfill. At full capacity, the Port Hedland Waste to Energy Project could produce enough energy to power the equivalent of 21,000 homes in the Pilbara. Read More

Fund Raising for Tyre Recycler
Tyre recycler Green Distillation Technologies is planning to raise $7.5 million to fund its first commercial plant ahead of a planned public listing in 2014, says a report by the Wall Street Journal. The company is commercializing a technology that can turn used tyres into carbon and oil and recover the steel without emissions. The company says the pyrolytic process is environmentally sustainable and energy neutral, and can reduce oil imports. Read More

Reducing Power Costs in Commercial Buildings
Launceston-based Definium Technologies has received a grant to help it develop technology to reduce the cost of power in commercial buildings. The $134,135 grant is under the first round of the Federal Government's $200 million Clean Technology Innovation Fund. Read More

Largest Biodiesel Plant to Open
The largest biodiesel plant in Australia is closer to restarting operations thanks to a $1.2 million investment by a Canadian biofuels company. The 150 million litre per year plant at Darwin, owned by Territory Biofuels Limited (TBF), was shut down in 2009 due to feedstock constraints. Read More

Outback Ecology Acquired by Multinational
Outback Ecology, an environmental consultancy for the natural resources and mining industry for over 20 years, has been acquired by MWH Global, a multinational consulting, engineering and construction services firm for the water, energy, natural resources and infrastructure sectors. Read More

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