Zen Energy Enters Administration | Adelaide News

Zen Energy, South Australia’s major renewable power provider, has collapsed into administration after failing to deliver promised solar and battery projects amid market volatility and mounting losses. Once backed by a $1.5 billion state deal, the company’s assets are now sold, employees notified, and its retail operations shuttered — with AGL stepping in to replace its power supply for public services. The state government is already hunting for a new energy partner as the renewable sector in SA faces a pivotal reshuffle. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/750c92aaee082920