Vast Solar Gets $65 Million Funding from ARENA for Australia's Concentrated Solar Plant
Vast Solar will certainly be establishing the 30 MW/ 288 MWh focused solar plant in Port Augusta, South Australia. The innovation creates clean, low-cost, dispatchable power by capturing and storing the sun's energy during the day to be used to produce heat as well as power, consisting of in the evening.
Feb 14, 2023 // Markets & Finance News, ARENA, Darren Miller, Concentrated solar power, Australian Renewable Energy Agency, concentrated solar thermal power, Craig Wood, HyGATE, Australian CSP project, Chris Bowen, concentrated solar plant, Vast Solar CSP project in Port Augusta, VS1 project
Australian Renewable Energy Agency Awards $30 Million For Cheaper Solar Gains
The University of New South Wales Sydney have actually been awarded $30 million under ARENA R&D Program to sustain R&D and commercialisation activities to significantly reduce the cost of solar. The scientists are going to receive $30 million for 9 projects across the cells and also modules stream, and the Balance of System, Operations as well as Maintenance stream.
Jan 10, 2023 // Technology, Markets & Finance News, ARENA, unsw, balance of system, Australian Renewable Energy Agency, Cells and Modules stream, improve cell and module efficiency, Operations and Maintenance stream, Nicholas Ekins, Nicholas Fisk, School of Photovoltaic and Renewable Energy Engineering, University of New South Wales Sydney
ARENA to fund 200-MW Hydrostor energy storage project in NSW
The Australian Renewable Energy Agency (ARENA) has pledged to give financing for the building and construction of a 200-MW/1,600-MWh Advanced Compressed Air Energy Storage (A-CAES) facility at an obsolete mine in New South Wales to give at least eight hrs of storage.
Oct 21, 2022 // Markets & Finance News, Storage, ARENA, nsw
ARENA financing enables New South Wales battery project to meet 300MWh ambition
Freshly revealed financing support from the Australian Renewable Energy Agency (ARENA) is enabling the development of an intended large-scale battery project in New South Wales.
Jul 11, 2022 // Storage, Australia, NEM, Oceania, new south wales, ARENA, edify
Australian PV research study centre safeguards AU$ 45m in government financing
The Australian Centre for Advanced Photovoltaics (ACAP) has actually obtained funding from the nation's new federal government to proceed its solar study tasks up until 2030.
Jun 24, 2022 // Markets & Finance News, Australia, Oceania, ARENA, Martin Green, research and development, Australian Centre for Advanced Photovoltaics
Australian climate organisations slam federal budget as a "massive missed opportunity"
Australia's 2022-23 Federal Budget has actually "missed the mark" when it concerns sustaining the energy transition and also has actually disregarded financial investment in transmission facilities over investing in fossil fuels at a critical joint in Australia's decarbonisation journey, claimed the Clean Energy Council (CEC).
Mar 31, 2022 // Markets & Finance News, Grids, climate council, Clean Energy Council, ARENA, Microgrids, transmission, Australian Energy Market Operator, australia solar, budget
Prefabricated solar tech firm 5B protects ARENA grant, launches AU$ 33m innovation programme
Prefabricated solar services producer 5B is seeking to improve the scalability as well as cost of its modern technology through an AU$ 33.4 million (US$ 24 million) innovation program as well as support from the Australian Renewable Energy Agency (ARENA).
Jan 19, 2022 // Manufacturing News, Markets & Finance News, Australia, Oceania, ARENA, Nicole Kuepper-Russell
Australian RE Agency Grants $40 M to Drive Ultra Low Cost Solar
Ultra low cost solar was lately added as a concern technology in the Australian Government's most current Low Emissions Technology Statement (LETS). In support of ultra low cost solar, ARENA has actually set an enthusiastic target of 'Solar 30 30 30', to boost solar cell performance to 30 percent and also lower the complete cost of building and construction of utility scale solar farms to 30 cents per watt by 2030.
Jan 11, 2022 // Markets & Finance News, Australia, Oceania, ARENA, Darren Miller, Australian Renewable Energy Agency, Low Emissions Technology Statement, LETS, R&D funding round
Australia commits to internet zero by 2050 however prevents legislation
The Australian government has today committed to getting to web zero exhausts by 2050 but has not passed any kind of regulation to support such a shift in a move referred to as "frustrating" as well as "unambitious" by the country's Clean Energy Council.
Oct 27, 2021 // Markets & Finance News, Australia, Oceania, Clean Energy Council, ARENA, IEEFA, net zero
Australian federal government's ARENA plan open to major legal obstacle, claims expert
A leading Australian barrister and also previous head of the Law Council of Australia has said the federal government's strategies to invest public money into nonrenewable fuel source production could be prohibited, is open to severe lawful difficulty as well as is "at odds" with the purpose of the Australian Renewable Energy Agency (ARENA).
Oct 5, 2021 // Markets & Finance News, Australia, Oceania, ARENA
ARENA to support Australian microgrids with brand-new funding
The Australian Renewable Energy Agency (ARENA) has released an AU$ 50 million (US$ 36 million) programme to support microgrid pilot projects and also enhance the reliability of electrical energy supply across regional Australia.
Sep 28, 2021 // Plants, Markets & Finance News, Policy, Australia, Oceania, microgrid, ARENA, Microgrids, off-grid
ARENA aims to additionally reduce expense of solar through new financial investment plan
The Australian Renewable Energy Agency (ARENA) will support projects that even more reduced the cost of renewable generation as part of a new financial investment technique aimed at underpinning the change to web zero emissions.
Sep 13, 2021 // Plants, Markets & Finance News, Storage, Grids, Australia, hydrogen, Oceania, ARENA, Darren Miller
AEMO creating simulation device to promote grid connections for renewable energy
The Australian Energy Market Operator (AEMO) has invested in a cloud-based source for developers that will make it less complicated and much faster for renewable energy projects to link to the grid with a AU$ 2.23 million investment.
Aug 25, 2021 // Plants, Markets & Finance News, Grids, Australia, AEMO, Oceania, ARENA, Angus Taylor, Daniel Westerman
Scientists Make Bifacial Solar Cell with Record Power Outcome at 29%.
A team of scientists at the Australian National University have produced a bifacial solar cell with a front conversion effectiveness of 24.3% and a rear conversion efficiency of 23.4%, standing for a bifacial aspect of 96.3%. This performance represents a reliable power outcome of around 29%, well exceeding the performance of the most effective single-sided silicon solar cell. The outcomes have been individually verified by the CSIRO.
Aug 19, 2021 // Technology, ARENA, efficiency, ANU, CSIRO, Australian Renewable Energy Agency, Australian Centre for Advanced Photovoltaics, ACAP, Bifacial Solar Cell, Kean Chern Fong, Marco Ernst Ernst, The Australian National University
Rio Tinto studies eco-friendly hydrogen potential in Australia
Partnership with Australian Renewable Energy Agency considering using environment-friendly fuel as substitute for natural gas
Jun 16, 2021 // Storage, Solar to Fuel, Australia, hydrogen, Oceania, ARENA