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Zenith Energy Pty Ltd (Zenith Energy) is pleased to announce that it has further strengthened its bank group by adding NORD/LB to its existing A$760M syndicated facility.
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Zenith Energy Pty Ltd (Zenith Energy) is pleased to announce that it has further strengthened its bank group by adding NORD/LB to its existing A$760M syndicated facility.

February 06, 2024


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Zenith Energy Pty Ltd (Zenith Energy) is pleased to announce that it has further strengthened its bank group by adding NORD/LB to its existing A$760M syndicated facility.

This follows a A$320M increase to Zenith’s existing A$440M syndicated facility which was completed in September 2023.

NORD/LB complements Zenith’s already robust lender group. NORD/LB is a leading financier of renewable energy and storage assets with over 1,000 renewable projects (equivalent to >60GW) and over 2.0GW of battery energy storage projects financed to-date across Europe, Americas, and Asia Pacific.

Ross Bennett, Managing Director of NORD/LB Structured Finance in APAC shares “NORD/LB is committed to financing the transition to a sustainable future by supporting our clients across our global platform. We are proud to be supporting Zenith Energy with its target for achieving net zero by 2035. This financing is particularly exciting to us because as Zenith helps regional off-grid miners convert their energy generation to sustainable sources, they are also accelerating the decarbonisation of downstream industries and ultimately end products”.

The addition of NORD/LB is another strong endorsement of Zenith’s capabilities and strategy to be a leading player in the decarbonisation of the mining industry.

Zenith CEO Hamish Moffat commented “We are pleased to add another high-quality international lender to our already strong Lender Group, as Zenith nears the completion of the Kathleen Valley Hybrid Power Station (96MW) and continues the construction of the Bellevue Hybrid Power Station (90MW) and Jundee renewable retrofit (53MW). Adding high quality lenders with strong project finance and renewable energy capability ensures Zenith has the financial capacity to fund additional material growth projects in our pipeline.”

Zenith continues to benefit from strong support from its institutional shareholders, Pacific Equity Partners, Foresight Group and OPTrust. These shareholders collectively have over A$60bn of funds under management and have significant energy infrastructure experience, having invested in renewables, thermal generation, and storage assets across Australia, Europe, and North America. These shareholders have collectively successfully developed over 1,500MW of greenfield, large-scale renewable projects.

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Zenith Energy wins big at Asian Power Awards
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Zenith Energy wins big at Asian Power Awards

November 10, 2023


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Zenith Energy clinched two major titles at this year’s 2023 Asian Power Awards: Independent Power Producer (IPP) of the Year – Australia; and ESG Programme of the Year – Australia.


The Awards which are celebrating its 19th year noted Zenith Energy now leads Australia’s IPP sector following a strong 2023 performance, and in its decarbonisation and broader ESG programme.


Zenith’s unique sustainability credentials, in-house capability and proven bankability have delivered a doubling of its contracted generation assets since FY21 from 316 MW to 695 MW today, with growth continuing to accelerate in the foreseeable future.


In FY23, Zenith has contracted and is constructing most of Australia’s off-grid high-penetration renewable power stations to become the leader in the IPP sector in Australia by installed capacity. It is also the sole owner and operator of all three green-titled microgrids connected to Western Australia’s South West Interconnected System (SWIS).
The company has grown its base EBITDA run-rate from ~ $41m, normalised for one-off operational impacts, to more than $108m run-rate inclusive of contracted projects and greater than $120m when factoring in projects awarded with contracts in progress.


This stellar performance has been driven by an improved earnings profile, quality of counterparties and underlying mines, and favourable debt facility terms.
Highlights of Zenith’s 2023 performance were its major contribution to the decarbonisation of Australia’s remote off-grid mining for critical minerals and precious metals, and its SWIS-connected microgrids for land developments in Western Australia.


“The rise in importance of ESG has shone a light on the desirability of working with Zenith. The only IPP in Australia to set a net zero target, Zenith, is on track to be net zero by 2035 across scope 1, 2, and 3 emissions,” the company said.


Zenith Energy’s Managing Director Hamish Moffat said “Zenith achieved significant milestones in 2023 including exceeding three million loss time injury free hours; sector leading engagement with First Nations communities; market share leadership; material EBITDA, and enterprise value growth; and delivering decarbonisation milestones ahead of schedule.


The Asian Power Awards, now in its 19th year, celebrates and honours companies and projects that have taken innovative and game-changing steps to address the effects of the climate crisis and meet the growing demand for energy.

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Zenith Energy Pty Ltd (Zenith Energy) is pleased to announce that it has successfully completed a debt financing, adding a new A$320 million tranche to its existing A$440 million syndicated facilities that were established in October 2022.
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Zenith Energy Pty Ltd (Zenith Energy) is pleased to announce that it has successfully completed a debt financing, adding a new A$320 million tranche to its existing A$440 million syndicated facilities that were established in October 2022.

September 04, 2023


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Zenith Energy Pty Ltd (Zenith Energy) is pleased to announce that it has successfully completed a debt financing, adding a new A$320 million tranche to its existing A$440 million syndicated facilities that were established in October 2022. The increase in limits attracted two new lenders, DBS Bank (DBS) and Natixis CIB (Natixis), joining existing lenders Westpac Banking Corporation (Westpac), National Australian Bank (NAB), Sumitomo Mitsui Banking Corporation (SMBC), BNP Paribas (BNPP), Australia and New Zealand Banking Group (ANZ) and Aware Super (Aware).

The A$320 million of new debt limits ensure Zenith has committed facilities to fund new growth projects including recent contract wins, notably the 96MW Kathleen Valley Hybrid Power Station for Liontown Resources, the 88MW Bellevue Gold Hybrid Power Station and a 53MW renewable retrofit of Zenith’s existing Jundee Power Station for Northern Star Resources. Significant committed facility headroom remains to fund further material growth projects.

Further commitments from existing lenders and the addition of DBS and Natixis to an already robust lender group is a strong endorsement of Zenith’s strategy and capabilities. The continued support from lenders facilitates Zenith’s desire to be a leading player in the decarbonisation of the mining industry.

Zenith continues to benefit from strong support from its institutional shareholders, Pacific Equity Partners, Foresight Group and OPTrust. These shareholders collectively have over A$55bn of funds under management and have significant energy infrastructure experience, having invested in renewables, thermal generation, and storage assets across Australia, Europe, and North America. These shareholders have collectively successfully developed over 1,500MW of greenfield, large-scale renewable projects.

Zenith’s financial advisers were Azure Capital and KPMG Corporate Finance and its legal adviser was Allens. King & Wood Mallesons was a legal advisor to the lenders.   

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Zenith Energy, through its subsidiary Ocean Reef Renewable Energy (ORRE), will own and operate an innovative electricity microgrid at DevelopmentWA’s Ocean Reef Marina development.
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Zenith Energy, through its subsidiary Ocean Reef Renewable Energy (ORRE), will own and operate an innovative electricity microgrid at DevelopmentWA’s Ocean Reef Marina development.

August 23, 2023


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Zenith Energy, through its subsidiary Ocean Reef Renewable Energy (ORRE), will own and operate an innovative electricity microgrid at DevelopmentWA’s Ocean Reef Marina development.

ORRE will be a vertically integrated licenced electricity utility – generator, distributor, and retailer – at the mixed-use Ocean Reef Marina precinct. 

This ground-breaking initiative will provide more renewable energy and lower electricity costs to its customers.  It will also serve as another milestone in the State Government and Zenith Energy’s journey to net zero emissions.

The microgrid will deliver more clean energy to customers and is targeting a 30% saving on annual electricity bills, relative to the relevant Regulated Tariff.

Ultimately, Ocean Reef Marina will introduce over 1,000 new residential dwellings, offering a variety of housing options such as single residential homes, and apartments. The release of the first residential lots is scheduled for late 2024.

Ocean Reef Marina is the second microgrid initiative by DevelopmentWA & Zenith Energy, building on the success of the electricity microgrid at Peel Business Park, launched in December 2020.

About Ocean Reef Marina

Ocean Reef Marina is a highly significant project for the state, expected to generate over 8,600 construction jobs and inject $3 billion into the Western Australian economy. It will feature Perth’s inaugural coastal pool and a family beach within the marina’s protected area.

Residents, visitors, and tourists will have access to a diverse range of shopping, dining, and entertainment options within the marina, boasting over 12,000 square meters of retail and commercial floor space, along with more than 5 hectares of community space.

For more information on the ground-breaking Ocean Reef Marina project, please visit:  https://developmentwa.com.au/projects/industrial-and-commercial/ocean-reef-marina/overview

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Zenith Energy has signed a renewable energy Power Purchase Agreement with Northern Star Resources Ltd. for their Jundee mining operation in the northern goldfields of WA.
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Zenith Energy has signed a renewable energy Power Purchase Agreement with Northern Star Resources Ltd. for their Jundee mining operation in the northern goldfields of WA.

June 27, 2023


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Zenith Energy has signed a renewable energy Power Purchase Agreement with Northern Star Resources Ltd. for their Jundee mining operation in the northern goldfields of WA.  It follows the two companies announcing an early works agreement for the project in January this year.

Jundee is an existing mining operation that will have wind, solar and battery retrofit and integrated into the existing gas power station. The renewable generation being added includes 24 MW of wind, 16.9 MWp of solar, and 12 MW / 13.4 MWh of battery energy storage.  This will provide 56% of the mine site’s power.

With the addition of our renewable energy PPA with Northern Star Resources Ltd. Zenith Energy will achieve and exceed its interim net zero milestone of reducing by 20% the carbon intensity of our business by 2025 from our 2020 baseline.  A target which includes scope 1, 2 and 3 emissions.

Achieving this milestone is a result of the incredible staff and strong relationships with our customers and suppliers.

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Zenith Energy forms Indigenous JV
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Zenith Energy forms Indigenous JV

Zenith Energy Pty Ltd (Zenith) and Tjiwarl Contracting Services (TCS) a wholly owned entity of the Tjiwarl Aboriginal Corporation, have completed the work to form an incorporated joint venture company, Tjiwarl Katu Power Pty Ltd.

May 30, 2023


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Zenith Energy forms Indigenous JV

Zenith Energy Pty Ltd (Zenith) and Tjiwarl Contracting Services (TCS) a wholly owned entity of the Tjiwarl Aboriginal Corporation, have completed the work to form an incorporated joint venture company, Tjiwarl Katu Power Pty Ltd.

“Katu” is the Tjiwarl word for Apex or Zenith. The JV name embodies the commitment of both partners to work together to make a difference to the lives of many Tjiwarl people. Formation of the JV is a milestone and significant step forward in our broader Engagement Agreement, which aims to enhance the health, wellbeing, and cultural integrity of the Tjiwarl people, their Country, and beyond.

The new company will initially provide power related services and power at Zenith’s renewable energy hybrid power stations on Tjiwarl Native Title determined land in WA’s northern goldfields. This includes on Australia’s largest off-grid hybrid renewable energy power station at Liontown Resources’ Kathleen Valley Lithium mining operations that includes 30MW of wind, 16MWp of solar PV, and 17MW/19MWh battery energy storage system (BESS).

At Zenith Energy and Tjiwarl Contracting Services, we believe in the power of collaboration and partnership. Together, we will strive to create a more inclusive and equitable power industry while respecting and celebrating the rich cultural heritage of the Tjiwarl people.

The full article can be found on Business News – Zenith Energy forms Indigenous JV (businessnews.com.au

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Bellevue Gold and Zenith Energy Partner to establish innovative hybrid power station for Bellevue Gold Project
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Bellevue Gold and Zenith Energy Partner to establish innovative hybrid power station for Bellevue Gold Project

Tier 1 Independent Power Producer (IPP) Zenith Energy is proud to announce the signing of a power purchase agreement (PPA) with Bellevue Gold Limited (ASX: BGL). This agreement marks a significant milestone in the development of the Bellevue Gold Project in Western Australia, bringing the project one step closer to its first gold production in the December quarter.

May 30, 2023


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Bellevue Gold and Zenith Energy Partner to establish innovative hybrid power station for Bellevue Gold Project

Tier 1 Independent Power Producer (IPP) Zenith Energy is proud to announce the signing of a power purchase agreement (PPA) with Bellevue Gold Limited (ASX: BGL). This agreement marks a significant milestone in the development of the Bellevue Gold Project in Western Australia, bringing the project one step closer to its first gold production in the December quarter.

Under the terms of the agreement, Zenith Energy will finance, build, own, operate, and maintain a cutting-edge 88MW hybrid power station at the Bellevue Gold Project for an initial term of 15 years. This off-grid facility will utilise a combination of wind and solar generation, thermal generation, and battery storage to meet up to 80% of the project’s power needs with renewable energy. Furthermore, the hybrid power solution will allow the project to operate on 100% renewable energy and seamlessly switch to an ‘engine-off’ mode during periods of high renewable energy generation.

Hamish Moffat, managing director, and CEO of Zenith Energy said, “the signing of the PPA with Bellevue Gold marks a partnership that will continue industry leading decarbonisation, while also further developing the recently announced Tjiwarl Katu Power JV between Zenith Energy and Tjiwarl Contracting Services the wholly owned entity of Tjiwarl Aboriginal Corporation – the traditional owners and native title holders of the land on which Bellevue Gold is located.” 

Mr Moffat said, “Zenith Energy will apply its expertise in hybrid renewable power stations and ESG action to facilitate Bellevue’s achievement of their sustainability objectives.” 

Darren Stralow, Managing Director, and Chief Executive Officer of Bellevue, expressed his enthusiasm for this partnership, stating, “This power purchase agreement is another key milestone on the path to the start of gold production later this year. The high utilization of renewable energy in the power station and the flexibility to time milling activities with renewable energy availability is central to our aspirational goal to be Australia’s first carbon-neutral gold producer.”

About Zenith Energy:

Zenith Energy is one of Australia’s leading independent power producers (IPP’s), specialising in tailored off grid hybrid power generation solutions. With a portfolio spanning throughout Western Australia, and the Northern Territory, Zenith has contracted capacity of more than 500MW of power generation, providing, sustainable, cost-effective, and reliable power solutions. Zenith Energy integrates innovative technology with a complete range of renewable energy, battery energy storage and low-emission thermal technologies, offering power solutions, with no boundaries.

Zenith Energy’s mission is to enable the resource sector and regional communities to achieve Net Zero.  It has committed to a target of net zero by 2035 for its scope 1, 2 and 3 emissions. While this is an ambitious target, it is realistic and achievable with innovative commercial and technical solutions and when working with likeminded clients. 

Pacific Equity Partners, OPTrust and the Foresight Group are the majority shareholders of Zenith Energy and in aggregate have over A$55 billion of funds under management.

For further information please visit www.zenithenergy.com.au

About Bellevue Gold Limited:

Bellevue Gold Limited (ASX: BGL) is an Australian gold exploration and development company focused on advancing the Bellevue Gold Project in Western Australia. With a high-grade resource base and a commitment to sustainable mining practices, Bellevue aims to become Australia’s leading carbon-neutral gold producer.

For more information about Bellevue Gold Limited, please visit the ASX platform (ASX:BGL) or the company’s website at www.bellevuegold.com.au.

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Why Zenith’s new offices are a ground-breaking Sustainability Project
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Why Zenith’s new offices are a ground-breaking Sustainability Project

As part of our ongoing commitment to Net Zero, Zenith Energy recently moved into new office premises, with the building set to become one of the highest-rated Green Star commercial developments in the City of Belmont.

December 06, 2022


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Zenith Energy’s Rivervale Headquarters

As part of our ongoing commitment to Net Zero, Zenith Energy recently moved into new office premises, with the building set to become one of the highest-rated Green Star commercial developments in the City of Belmont.

The complex features office space on the ground and first floors and is a representation of all that Zenith Energy embodies – it’s innovative, environmentally conscious and built for the future.

Green Star is an internationally recognised, independent sustainability rating system – up to six stars – setting the standard for healthy, resilient, positive buildings and places. Founded by the Building Council Australia, undertaking Green Star certification is considered to demonstrate leadership, innovation, environmental stewardship, and social responsibility.

As part of the Green Star assessment process, ratings are assigned to buildings based on five key criteria:

  • – Delivering a new definition of a sustainable building.
  • – Meeting the Paris Agreement.
  • – Responding to sustainability megatrends.
  • – Creating clear expectations for new buildings.
  • – Delivering opportunities for supply chain transformation.

Zenith Energy’s offices will meet the criteria through a suite of initiatives:

  • – A biophilic design, intended to increase the connection of the building’s occupants to the natural outside world, improving workplace wellness. Features include a provision of retreat-like breakout spaces, extensive planting, furniture to promote good health practices and artwork installations.
  • – The first floor opens onto a large terrace that allows staff to gather, withdraw from their work, relax and mingle with nature.
  • – A large glass façade and open plan work areas located on the Northwest side of the building allows natural daylight to penetrate deep into the building, minimising the use of artificial lighting and creating a visual connection with the outside world.
  • – Self–sufficient power generation from installed rooftop solar (at peak irradiance period at noon), with 55kw/h solar generation in the roof.
  • – Electric vehicle charging stations.
  • – Providing a training & education facility for the remote independent power producer sector.

It is thought to be the first commercial building of its kind within the City of Belmont, an important milestone for Zenith Energy as we continue to place ourselves at the forefront of Australia’s energy transition and take meaningful steps on the journey to Net Zero.

The goal for this project is a 4-5 star rating, which certifies a project as ‘Best Practice (4 stars) or Australian Excellence (5 stars).

In addition to the Green Star rating, we are also seeking a 5-star rating from the government’s National Australian Built Environment Rating System (NABERS).

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Zenith Energy Completes Debt Financing

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Zenith Energy Completes Debt Financing

Zenith Energy Pty Ltd (Zenith Energy) announces that it has successfully completed a debt financing process. All existing external debt facilities were refinanced alongside significant committed (but as yet unutilised) limits to support growth capital expenditure related to new generation solutions.

November 23, 2022


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Zenith Energy’s Rivervale Headquarters

Zenith Energy Pty Ltd (Zenith Energy) announces that it has successfully completed a debt financing process. All existing external debt facilities were refinanced alongside significant committed (but as yet unutilised) limits to support growth capital expenditure related to new generation solutions.

The A$440 million, five year, syndicated debt facilities (the Facilities) were entered into with Westpac Banking Corporation (Westpac), National Australian Bank (NAB), Sumitomo Mitsui Banking Corporation (SMBC), BNP Paribas (BNPP), Australia and New Zealand Banking Group (ANZ) and Aware Super (Aware).

The available growth capital expenditure facilities support new generation projects as well as growth in the urban and remote microgrid segment. Zenith Energy is actively participating in the energy transition of the resources sector by delivering renewable power technologies as part of the total energy package and supporting lower emissions solutions for mine site energy supplies.

The Facilities also provide a flexible platform for increasing committed limits and further expanding Zenith Energy’s lender relationships via an accordion feature.

Zenith Energy is proud to be partnering with such a respected and well-regarded lending group. As well as support from existing lenders, most of the lending group are new lenders to Zenith Energy, a strong validation of Zenith Energy’s strategy and capability.

“Finalising a new debt facility is a significant milestone for Zenith Energy. Establishing a group of Tier 1 domestic and international lenders provides Zenith with additional funding certainty, alongside the long-term capital provided by our institutional shareholders (Pacific Equity Partners, Foresight Group and OPTrust) who collectively have over A$55 billion of funds under management. This facility further supports Zenith’s leading role in decarbonising the mining industry.” Zenith Energy Managing Director and CEO Hamish Moffat

Azure Capital and KPMG acted as financial advisers to Zenith Energy. Allens acted as legal adviser.

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Significant Milestones at Zenith Energy

Significant Milestones at Zenith Energy

Last month Zenith Energy made two key announcements that have put a spotlight on our growth ambitions while also highlighting our ability to make strategic decisions to position our company at the forefront of Australia’s energy transition.

October 10, 2022


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Last month Zenith Energy made two key announcements that have put a spotlight on our growth ambitions while also highlighting our ability to make strategic decisions to position our company at the forefront of Australia’s energy transition.

We proudly confirmed the acquisition of Peel Renewable Energy as our first non-resources asset and announced Zenith as the recipient of a Letter of Award from Liontown Resources to Build, Own and Operate what is expected to become the largest remote off-grid renewable energy hybrid power station in the country.

Both announcements represent forward steps on our journey to Net Zero, highlighting our commitment to increasing the proportion of renewable generation in our portfolio and further assist our clients in their journey to decarbonise.

The Liontown Award will enable us to demonstrate our innovation, flexibility, and expertise in delivering low-carbon hybrid power solutions, while also once again raising the industry benchmark in renewable energy integration.

Furthermore, with the thermal components of the power station designed to operate in ‘engine off’ mode at various times, it’s another opportunity for Zenith to showcase the ability of renewables to deliver reliable, continuous supply, to power an entire mining operation.

This aligns with the acquisition of Peel Renewable Energy, which will also see Zenith take on responsibility for the Peel Renewable Microgrid, a vertically integrated generation, distribution, and retail business, supplying power to the Peel Business Park, south of Perth.

It will allow Zenith to leverage our knowledge of islanded generation infrastructure, capitalising on our expertise and skillset, while also providing future opportunities for growth and expansion.

Both projects will also allow Zenith to demonstrate that our innovative power solutions work in real world environments, providing confidence to the sector overall.

It’s a key step in making renewable technologies more available, as it’s only once the technology is proven to be able to be successfully integrated and effective – and able to support industrial loads while also maintaining security of supply – that we can increase demand and allow our technology partners to develop economies of scale.

It’s an exciting time for Zenith and it’s clear we’re embarking on our next chapter of growth as a business, allowing us to continue to play a lead role in the energy transition, while also providing like-minded partners with a glide path to Net Zero.

Read International Mining’s Liontown article here

Read The West Australian Liontown article here

Read Perth Now’s Peel article here

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Zenith Energy and Liontown Resources to Partner on Australia’s Largest Off-Grid Renewable Energy Hybrid Power Station

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Zenith Energy and Liontown Resources to Partner on Australia’s Largest Off-Grid Renewable Energy Hybrid Power Station

Zenith Energy Pty Ltd (Zenith Energy) has received a Letter of Award from Liontown Resources to build, own, and operate what is expected to become the largest off-grid renewable energy hybrid power station in Australia at Liontown’s Kathleen Valley Project.

September 12, 2022


Zenith Energy Pty Ltd (Zenith Energy) has received a Letter of Award from Liontown Resources to build, own, and operate what is expected to become the largest off-grid renewable energy hybrid power station in Australia at Liontown’s Kathleen Valley Project.

The award was announced to the ASX on Monday September 12, and will see Zenith Energy construct a 95MW hybrid power station at Kathleen Valley in WA’s Goldfields-Esperance region, which includes 30MW of wind capacity, 16MWp fixed axis solar PV array, and 17MW/19MWh battery energy storage system (BESS).

The partnership will allow Zenith Energy to demonstrate its innovation, flexibility, and expertise to deliver low-carbon emitting hybrid power solutions.

We are proud to continue to play a lead role in the energy transition, and to provide like-minded partners with a glide path to Net Zero.

The project also further demonstrates our continued commitment to increasing the proportion of renewable generation in our portfolio.

The thermal components of the power station are designed to operate in ‘engine off’ mode at various times, delivering 100% renewable energy generation to Kathleen Valley.

It’s an exciting opportunity for Zenith Energy to showcase our expertise, and the ability of renewables to deliver reliable, continuous supply, to power an entire mining operation.

We believed it will once again raise the industry benchmark in renewable energy integration and demonstrates our commitment to power decarbonisation.

Other unique aspects of the agreement include;

Largest Off-Grid Hybrid Power Station in Australia: The hybrid power station is currently expected to have the largest off-grid renewable capacity of any mining project in the country, with 46MW + 17MW BESS.

Renewable Incentives: A combination of incentives to produce renewable power over thermal power together with a renewable energy guarantee will allow Liontown to meet and exceed its renewable energy factor target of 60% at startup and beyond.

Liontown Managing Director and CEO Tony Ottaviano says Liontown is delighted to partner with such an experienced and highly competent power producer.

“We believe Zenith Energy is an ideal partner to delivery an industry leading hybrid power station to meet Liontown’s energy needs and requirements for a high-capacity renewable solution.”

“The hybrid power station proposed will enable Liontown to exceed our target of achieving at least 60% renewable energy at Project start-up and beyond.”

Zenith Energy is engaged with Traditional Owners, recently announcing a collaboration with Tjiwarl Contracting Services to work together to deliver low carbon emission power solutions for miners and communities on Tjiwarl native title determined lands.

Zenith Energy and Liontown have agreed key commercial terms and are working to finalise arrangements under a binding long term Build, Own and Operate (BOO) Power Purchase Agreement.

Read Business News Liontown article here

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Zenith Energy Acquires Peel Renewable Energy

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Zenith Energy Acquires Peel Renewable Energy

Zenith Energy is proud to confirm it has acquired its first non-resources asset in Peel Renewable Energy, taking ownership of WA’s first renewable industrial microgrid.

September 05, 2022


The unique deal sees Zenith take on responsibility for the Peel Renewable Microgrid, a vertically integrated generation, distribution, and retail business, supplying power to the Peel Business Park, a new industrial estate south of Perth being developed by DevelopmentWA, Western Australia’s State Government land developer.

The acquisition will see Zenith take ownership and operational control of the Peel Renewable Microgrid, including the 22kv electricity distribution network, the current 1.2MW solar array and 2.5MWh Battery Energy Storage System (BESS) as well as the smart grid connection to the South West Interconnected System (SWIS).

The onsite renewable generation and battery storage assets are expected to grow to upwards of 50MW over the next decade, matching the growth in the development area and customer numbers at the Peel Business Park.

The acquisition is the first step in our diversification strategy, and positions the company at the forefront of Australia’s energy transition.

Furthermore, Peel Renewable Energy represents an exciting opportunity to enter the urban microgrid segment in WA and leverages our knowledge of islanded generation infrastructure.

Given our extensive expertise in hybrid behind the meter generation and distribution, including in remote areas, the acquisition of the Peel Renewable Energy business aligns perfectly with our overall strategy and skillset, while also providing opportunity for growth and expansion.

It also continues to demonstrate Zenith’s commitment to increasing the proportion of renewable generation in our portfolio.

The expansion of the Peel Renewable Microgrid in coming years, and the ability to leverage this platform to establish similar new projects offers attractive growth opportunities within Zenith’s portfolio, which will be supported by staff at Peel Renewable Energy.

Management at Peel Renewable Energy will become part of the Zenith team, supporting development at the Peel Business Park and assisting in boosting operational capability and growth of the Peel Renewable Microgrid – the deal is an exciting opportunity for everyone involved.

Existing arrangements between Peel Renewable Energy and DevelopmentWA will continue, including the long-term contract to provide electrical infrastructure and renewable energy supply and services to customers in the Peel Business Park.

Read Asian Power’s article here

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How an Investment in People is Helping to Deal with Key Challenges in the Industry

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How an Investment in People is Helping to Deal with Key Challenges in the Industry

As the mining and resources industry – and others – continue to deal with Australia’s tight labour market, supply chain congestion and global uncertainty, we at Zenith Energy believe our ability to tackle these issues head on is the result of having the right people within our team, and a strong workplace culture.

August 16, 2022


As the mining and resources industry – and others – continue to deal with Australia’s tight labour market, supply chain congestion and global uncertainty, we at Zenith Energy believe our ability to tackle these issues head on is the result of having the right people within our team, and a strong workplace culture.

While supplying power to remote mine sites is a challenge in and of itself, the last two years has added pressure in other areas.

Recruitment has been our biggest issue of the past 24 months, and while I believe we’re through the worst of it now that Western Australia’s border has reopened, it’s still a very tight labour market.

Added to that is supply chain congestion and general global uncertainty, which is pushing up prices in many areas, and you can understand the difficulties we’re facing as a company.

However, we’re getting through it because at the heart of company is good, experienced people, and we strongly believe in the value of communication.

Zenith Energy has worked hard to build a strong workplace culture over the past 15 years, and it’s paying dividends.

Knowledge and accountability are among our core values, and we’re seeing this play out in what has been a challenging couple of years.

For example, where supply chain congestion has pushed back arrival times for vital infrastructure, we know we have the right people in place to demonstrate to clients that we are experienced at developing innovative solutions, and we can communicate those solutions effectively.

We invite our clients into our wheelhouse so they can see what we do, and how we do it. And that’s working well for us.

Our commitment to communication is also assisting in dealing with other key issues;

  • Recruitment: With WA’s unemployment rate sitting at 3.4% in June, and the national rate at 3.5%, recruitment is likely to be tough for a while longer. However, Zenith is also looking at employee incentives beyond money, offering training, upskilling and growth opportunities. This in turn creates longevity and loyalty among staff, further boosting the company culture.

  • Global Uncertainty: Aside from pushing up the cost of doing business, global uncertainty is also impacting commodity prices. The value of open, two-way communication between Zenith and our clients is essential to ensure we’re on the same page moving forward, and no one is surprised by sudden changes.

The rise in global fuel prices is also impacting the industry, and while Zenith is insulated somewhat by not supplying fuel in most instances, it’s resulting in some companies taking a fresh look at renewables.

While renewables can be seen as an expensive capital investment, the soaring cost of oil, diesel and gas means renewable power generation becomes a more attractive longer-term investment.

We’re also seeing technology advances making installation of renewables more cost-effective and time efficient compared to even a few years ago, which makes it more attractive again.

An emerging challenge we’re anticipating in coming years will be addressing the Environmental, Social and Governance (ESG) expectations of clients, especially in the context of meeting our own 2035 target for Net Zero.

But, the great thing about that challenge, is that once again we know we have the right people in place.

There are still many paths to travel, but we’re in a good spot as we have a lot of really smart people to take on that responsibility, and showcase their knowledge and experience. I’m confident we have some exciting times coming.

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Industry First 100% Renewable Energy Generation to go ahead on WA Mine

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Industry First 100% Renewable Energy Generation to go ahead on WA Mine

Zenith Energy is proud to build on our partnership with IGO – to begin powering the Nova mine-site 100% with renewable energy continuously for up to nine hours – in what will be an industry first.

January 21, 2022


Zenith currently own and operate a hybrid power station at the Nova nickel site in the WA Goldfields and will now expand the renewable generation to successfully operate ‘engine off’ for up to nine consecutive hours a day.

The site is currently powered through a combination of solar and diesel engine generation. By adding an additional 10MW of solar panels, and a 10MWh Battery Energy Storage System the system expansion will allow for 100 percent renewable power generation during daylight hours, weather conditions withstanding.

It’s an important next step on the journey to Net Zero and will set a new industry benchmark in terms of continuous operation of a mine site exclusively on renewable energy, and the integration of renewable energy into a mine site’s power system.

This project sends a strong message to the industry that powering an entire site completely on renewables is possible today.

Here at Zenith, we’re taking on the responsibility of not only developing the concepts to advance renewable solutions, but also piloting and proving the integration of technologies needed.

The Nova project will require us to integrate specific technology into the power system to provide inertia and stability, ensuring a continuous, reliable supply of power.

It will demonstrate a number of key points;

  • ‘Engine Off’ is Achievable: While there are currently non-industrial micro-grids operating on 100% renewables, the Nova project will prove it’s possible to use 100% renewables to meet the demands of an operational mine site. It will also prove the ability for sites to go ‘engine off’ for consecutive hours, without interruption to supply.

  • Battery Technology: The integrated Battery Energy Storage System is a key component of achieving ‘engine off’, storing sufficient power to ensure supply and reliability of the system is not compromised.

  • Relocatable Renewables: Once tenure at Nova ends, the solar panels and battery on site will be relocated to another site in what will be the first practical demonstration at scale of relocatable renewable energy. Proving this will assist in reducing barriers to capital expenditure, as renewable assets are used in multiple locations over their life span. It will also fast-track deployment of solar and further emission reductions across Zenith’s legacy portfolio.

  • Reducing Emissions is Realistic and Achievable on Existing Sites: The Nova project will highlight that 100% renewable energy penetration can be sustainably achieved and replicated on other sites across Australia now, without having to wait for further advancements in technology. For sites where renewables are already part of the power generation system, where land permits increasing renewable assets to go engine-off is a natural next step on the pathway to net zero.

While the Nova site will continue to rely on diesel generated power overnight and during inclement weather conditions, this project is a key next step on the journey to 100% renewable power generation 24 hours a day.

Zenith is already looking at what subsequent steps are needed to achieve this ultimate goal, including how we facilitate higher levels of renewable penetration, and integration of long duration storage.

It’s an exciting time not just for Zenith as a company, but for the entire industry. We’re making real progress in the decarbonization space and what that might look like for the sector moving forward.

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Testing of New Technologies A Crucial Step to Net Zero

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Testing of New Technologies A Crucial Step to Net Zero

As global conversations continue to focus on reducing emissions, we at Zenith Energy are increasing our commitment to the testing of emerging technologies within the mining and resources industry, in yet another step toward Net Zero.

December 01, 2021


We have set a target of zero emissions by 2035, confident it strikes the right balance between ambition and ability, and allows ample time for vital technological advancements to be made.

However, it’s not enough to simply set a target if we don’t know how it will be achieved, and so we’re willing to develop the concepts needed to advance renewable solutions and take on the burden of testing the technology.

Rather than wait and see, we want to be part of the solution.

Currently, 100% renewable power generation is expensive, but in developing the technology and proving it works, we can increase demand and start producing economies of scale. Taking that risk is the only way to reduce cost for ourselves and our customers.

Zenith is focusing on the development of four specific technologies, which can be integrated in different ways to reduce emissions on site;

  • Bulk solar and wind: While WA has an abundance of solar and wind, more work is needed to allow sites to become ‘engine off’ and operate solely on renewable generated power during daylight hours. A key component will be the integration of technology into power systems which will ensure continuous reliable supply of power. The ‘engine off’ concept will also require the installation of adequate solar and wind to generate enough power that can be stored to maintain continuous supply for up to nine consecutive hours.

  • Long Term Mass Storage: Long duration storage remains one of the biggest challenges to decarbonisation, with batteries needing to be able to store enough power and meet the demands of a constant charge/discharge cycle. We are the only independent power producer to be a member of the Electric Mines Consortium, and as such are part of a working group evaluating multiple storage technologies.

  • Relocatable fleet of renewables: The development of a relocatable, modular fleet of renewables will allow for greater renewable energy penetration on sites where long-term tenure of 10+ years isn’t possible. Such a fleet must be large enough to meet power generation demands, yet also be able to be relocated at the end of mine operations.

  • Green-fuels: Various green fuels are being pursued to replace diesel within power stations and for fleets. There are currently challenges around security of supply and cost. It’s for this reason we’re proactively looking to develop a waste to energy plant in WA mining hubs, generating green fuel through mining waste including tyres and plastic.

Another important step is the electrification of mining operations, and we’re currently considering solutions around what the charging infrastructure will look like.

A crucial step in making renewable technologies more affordable is proving they’re effective, as once that happens we can start producing at scale which brings the price down. But, the process of proving the technology is also expensive and carries risk.

While the aim of developing the technology is to decarbonise our current and future portfolio, there are also potential benefits for households.

As various technologies are proven to be successful, the residential grid will also likely adopt them. This greening of the grid will reduce the overall reliance on gas and coal-fired power stations into the future.

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