Explore the latest developments concerning Renewables company ZEN.
Renewables company ZEN Energy enters voluntary administration
SA-based renewables company ZEN Energy has entered voluntary administration, saying its viability had been impacted by "wholesale electricity volatility".
McGrathNicol has been appointed administrator and says it is urgently assessing ZEN's business.
The SA government says electricity supply to its facilities and essential services under an agreement with the company has "not been interrupted".
A South Australian renewable energy company with contractual ties to the state government has entered voluntary administration.
ZEN Energy was once an emerging player in the renewables transition, and has been involved with multiple solar farms and battery-powered storage projects, including in the Riverland and at Tailem Bend.
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