Australia

Low-carbon hydrogen can end up being a US$ 50 billion to US$ 90 billion export industry for Australia in 2050, states Wood Mackenzie.

Partnership with Australian Renewable Energy Agency considering using environment-friendly fuel as substitute for natural gas

Australian solar project developer Solar Choice has actually bought the 75% it did not formerly very own in the massive 2-GW Bulli Creek solar park project in Queensland.

Japanese trader Sojitz Corp (TYO:2768) as well as compatriot oil company Eneos Corp will certainly buy a 204-MW solar farm in Queensland and also have launched building of the project, it was revealed on Thursday.

Queensland will certainly invest AU$ 2 billion (US$ 1.55 billion) on renewables and hydrogen jobs to sustain the Australian state's financial recovery from COVID-19 as well as aid it provide on its 50% clean energy target by 2030.

Solar passes all other renewable resources in terms of Australia's electrical power generation in 2020.

Lasting Futures' report supporters 'proactively winding down' coal mines and oil as well as gas wells from today

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its very first of a kind 'solar hydro' nuclear power plant making up 4 MW of solar PV generation and 3 MW/ 50 MWh (17 hours) of dispatchable storage ability in north-west Victoria.

New Energy Solar has actually protected a deal to sell two PV projects in New South Wales for AU$ 288 million (US$ 223 million), noting the solar investor's leave from Australia.

The New South Wales (NSW) government the other day opened the enrollments of interest (ROI) procedure to welcome generation, storage space and network developers to be a part of the state's 2nd Renewable Energy Zone in New England (New England REZ), Australia.

The New South Wales federal government has actually launched an enrollment of interest procedure for Australia's biggest renewable resource area (REZ), which is anticipated to supply as high as 8GW of capability.

Australian 'plug and also play' solar supplier 5B has secured AU$ 12 million (US$ 9.27 million) to increase into brand-new renewables markets.

Financial dedications for utility-scale renewables projects in Australia have actually slowed to the most affordable level in the past five years, according to the Clean Energy Council (CEC), which exposed investment in large-scale batteries in the nation is booming.

UK-based Shell Energy and Australia-headquartered Edify Energy have released a joint declaration today, specifying that both business have actually authorized a long-lasting services arrangement to deliver a two-hour battery storage center of 100 MW capability in South West NSW, Australia.

Australia's electricity grid faces blockage and also power security concerns over the following few years as even more solar power capacity is set up at faster rates than formerly expected.