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What's been happening with ASX renewable energy shares lately?


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ASX renewable energy shares have been a much-discussed area of interest over the past few months (and years, to be fair). After all, 2020 was a pretty good year for the sector. On top of that, interest has picked up in recent weeks on the back of significant talk of a renewables-focused infrastructure package over in the United States. Such a package has indeed been proposed by the Biden administration, although we will have to see how it looks if it ever gets out of a closely divided US congress.
So, how have ASX renewables shares been tracking recently? ....

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Why the Mercury (ASX:MCY) share price is on watch


Why the Mercury (ASX:MCY) share price is on watch
Ken Hall | April 21, 2021 8:42am |
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The 
Mercury NZ Ltd (ASX: MCY) share price is one share worth watching in early trade. It comes as the Kiwi electricity generator and retailer provided its latest quarterly update to the market.
Why is the Mercury share price on watch?
Mercury this morning provided its quarterly update for the period ended 31 March 2021 (Q3 2021). The company highlighted persistent dry conditions and price uplifts as key factors in the latest numbers.
Mercury’s hydro generation increased by 8.5% over Q3 2020 figures to 910 gigawatt hours (GWh) despite Waikato catchment inflows being 168GWh below average. Those higher production numbers came as the company responded to higher spot prices in the market. Notably, Mercury’s hydro generation forecast remains unchanged at 3,800GWh for the full year. ....

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Why the Tilt Renewables (ASX:TLT) share price is in focus


Why the Tilt Renewables (ASX:TLT) share price is in focus
Ken Hall | April 16, 2021 11:37am |
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The 
Tilt Renewables Ltd (ASX: TLT) share price is back in the news. Shares in the trans-Tasman renewables group surged higher in March after agreeing a $2.7 billion takeover offer led by 
That could be about to change, however, with a rival bidder lobbing an offer worth 20 NZ cents per share more.
Why is the Tilt Renewables share price on watch?
According to an article in the 
Australian Financial Review (AFR), Canadian pension fund CDPQ has re-entered the bidding war.
CDPQ has reportedly offered NZ$8.00 per share for Tilt. That is higher than the NZ$7.80 per share agreed with a vehicle established by ....

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