AGL operates Australia’s largest electricity generation portfolio, with an operated generation capacity of 10,984 MW, which accounts for about 20% of the total generation capacity in the National Electricity Market. See below for the latest AGL News, Analysis, Profit Results, Share Price Information, and Commentary. 

AGL inks 7-year PPA with biotech firm CSL

Output will offtake 114 GWh from the 420 MW Victorian wind farm.

AGL inks 7-year PPA with biotech firm CSL

Output will offtake 114 GWh from the 420 MW Victorian wind farm.

AGL, Microsoft sign 15-year renewable energy certificate deal

This is following AGL’s power purchase deal with Tilt Renewables.

AGL, RayGen launch world’s largest next-generation long duration energy storage

It has a 4 MW solar capacity and 2.8 MW/50 MWh storage capacity.

AGL completes 250 MW energy storage facility in Australia

The Torrens Island Grid Scale BESS is the second-largest battery project in the country.

AGL, Tilt Renewables sign 15-year PPA

It will offtake 513 GWh from the 178 MW plant.

AGL to convert Loy Yang to renewable energy hub

It will be used as a facility for solar panel materials recovery.

AGL, global firms partner in bid to develop offshore wind in Australia

The consortium also includes Mainstream Renewable Power, Reventus Power, and Direct Infrastructure. 

AGL underlying profit down 55% YoY in H1 2023

The results reflected the outages during the period.

AGL appoints permanent CEO, CFO

Their appointment is effective immediately.

AGL to cease Torrens Island ‘B’ Power Station operation in 2026

Its economic viability will be affected by the completion of Project Energy Connect.

AGL breaks ground for 50MW grid-scale battery

It is expected to start operations by mid-2023.

EnergyCo awards A$9.45m funding to pumped hydro project

It will fund the targeted geotechnical due diligence programme, amongst others.

AGL underlying profit down 58% YoY in FY2022

A drop in trading and origination electricity earnings contributed to this.

AGL expands green hydrogen study in Hunter Energy hub

Fortescue Future Industries will provide green hydrogen for the project.

AGL invests $27.7m to upgrade Clover hydro power station

This will add 14MW to the output capacity of the Kiewa Hydro Scheme