What Shine Energy does

Shine Energy Pty Ltd is a privately held, 100% Australian, First Nation Traditional Owner company controlled by the Birriah people and headquartered in Brisbane, Queensland. Founded in 2017, the company is developing the Collinsville Power Plant (also branded the Dhalgan Energy Park), a proposed 1000MW (3 x 315MW) Flexible High-Efficiency Low-Emission (HELE) coal-fired power plant on Birriah country in Collinsville, North Queensland, with completion of the Bankable Feasibility Study anticipated in 2025. The technology stack centres on an ultra-supercritical boiler with operational flexibility to load-follow intermittent renewables, an auxiliary solar PV farm providing self-power, and planned integration of Carbon Capture, Utilisation and Storage (CCUS) targeting net-zero emissions. Distribution is through the National Electricity Market (NEM) under AEMO direction and direct offtake agreements with heavy industry and commercial/industrial customers in North and Central Queensland, with eight confidential offtake agreements signed. The company is pre-revenue, funded to date by approximately AUD 13.3 million in federal government grants under the Supporting Reliable Energy Infrastructure program, supported by Glencore partnership and project management, with the AUD ~2 billion construction cost to be financed privately alongside government carbon-risk protection rather than direct taxpayer funding.

Name

Shine Energy

Legal name

Shine Energy Pty Ltd

Website

https://shineenergy.com.au

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Utility-Scale Power Generation

NAICS

Fossil Fuel Electric Power Generation (221112), Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Hard Coal (Bituminous/Anthracite) Power Generation (EUACAAAG)

akta.pro secondary industry

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Coal power generation
• Flexible HELE technology
• Carbon capture storage
• Baseload electricity supply
• Hybrid energy park

Headquarters

HQ city

Eight Mile Plains

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Electricity Generation and Sales: Power generation and sale to the National Electricity Market (NEM) through direct offtake agreements with heavy industry customers and commercial/industrial users in North and Central Queensland. The company has signed eight confidential agreements with potential off-takers. Revenue derived from wholesale electricity sales and long-term power purchase agreements with large energy consumers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Shine Energy is developing Australia's first Flexible High-Efficiency Low-Emission (HELE) coal-fired power plant at Collinsville, Queensland—a 1,000MW (3 x 315MW) facility designed to provide firm, 24/7 baseload and load-following electricity for the National Electricity Market. The integrated Dhalgan Energy Park couples the ultra-supercritical HELE plant with an auxiliary solar PV farm and incorporates Carbon Capture, Utilisation and Storage (CCUS) technology to enable a net-zero emissions pathway.

Product overview

Shine Energy is developing the Collinsville Power Plant (also referred to as Dhalgan Energy Park), which represents a single unified infrastructure project rather than a platform-plus-modules architecture. The core product is a proposed 1000MW Flexible HELE coal-fired power plant comprising three generation units designed for high operational flexibility to support renewable energy integration. This is complemented by an auxiliary Solar PV farm that provides auxiliary power to the facility, and Carbon Capture, Utilisation and Storage (CCUS) technology planned to achieve net zero emissions. The project represents an integrated hybrid energy solution combining traditional coal generation with modern low-emission technology and renewable auxiliary power.

Differentiator

Problem solved

Functional benefit

Products and services

• Collinsville Power Plant (Dhalgan Energy Park) A proposed 1,000MW (3 x 315MW) Flexible HELE coal-fired power station with operational flexibility to load-follow renewable generation, providing firm 24/7 baseload capacity into the National Electricity Market. Designed for supply to heavy industry, commercial/industrial customers and grid via offtake agreements in North and Central Queensland, with plans to integrate CCUS for net-zero pathway.

Quantifiable outcome

• 6800+ jobs created during construction phase
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• GlencorecoreStrategic or Co-development Partner · 28 March 2019Resources giant Glencore has provided initial backing to the project, offering project management and governance expertise during the feasibility phase. This partnership brings significant mining and resources sector experience to the Collinsville project development.
• WSPminorImplementation/ SI/ Consulting PartnerGlobal engineering group WSP conducted a concept study for the Dhalgan Energy Park project, finalising a business case in late 2018. WSP provided technical engineering analysis for the HELE power plant design.
• Australian Energy Market Operator (AEMO)coreStrategic or Co-development PartnerThe Collinsville Power Plant is being designed to operate under AEMO direction, providing load following and standby services to stabilise the NEM grid and synchronise renewable energy flux. The project addresses AEMO's identified requirement for firm generation capacity in the NEM through 2041 and beyond.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Stanwell Corporation: Queensland state-owned power generator operating multiple coal-fired stations including Tarong and Stanwell in the same NEM grid that Shine Energy targets. Most directly comparable operator for a new-build coal plant in the same Queensland market.
• CS Energy: Queensland state-owned generator operating Callide and Kogan Creek coal-fired power stations serving the same North/Central Queensland industrial base. Closest comparable in geography, fuel, and customer segment to Shine Energy's Collinsville project.
• Adani Australia: Developed the controversial Carmichael coal mine and associated energy infrastructure in the Galilee Basin, Queensland. Comparable as a major new-build fossil energy project in Queensland facing similar environmental, political, and financing headwinds.

Broad incumbents

• AGL Energy: Australia's largest private energy company with major coal-fired generation (Loy Yang, Bayswater) and significant NEM exposure. Relevant as a broad incumbent navigating the same coal-to-renewables transition Shine Energy is positioning for.
• Origin Energy: Major Australian integrated energy generator and retailer operating the 2.8GW Eraring coal plant in NSW. Comparable as a large incumbent coal operator whose retirement profile creates the firming-capacity demand Shine Energy is targeting.
• EnergyAustralia: Operates Mt Piper and Yallourn coal-fired stations in the NEM and is exploring transition pathways including dispatchable capacity. Comparable incumbent whose retirement timing shapes NEM firming demand for Shine Energy.

Regional players

• Whitehaven Coal: Australia's largest independent coal producer operating mines including the Maules Creek project in NSW. Comparable as a coal industry incumbent whose demand outlook is tightly linked to coal-fired generation economics like Shine Energy's.
• Yancoal Australia: One of Australia's largest coal producers with significant Queensland and NSW operations feeding NEM coal generators. Comparable coal industry counterparty whose offtake dynamics affect Shine Energy's customer base.

Emerging players

• Santos: Australian energy major developing the Moomba CCS project in South Australia — one of the few operational CCUS projects in the country. Closest Australian analogue for the CCUS integration risk Shine Energy's net-zero pathway depends on.
• Woodside Energy: Australian energy major advancing CCS projects (Browse, Sunrise) at industrial scale. Comparable as an Australian operator working through commercial-scale CCUS execution, technology choice, and carbon-risk indemnification — directly relevant to Shine Energy's CCUS design choices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shine Energy