Australia
ANZ, CEFC deepen ties to help businesses invest in PV, EVs, storage
Australian banking and financial services giant ANZ has extended its collaboration with Sydney-based Clean Energy Finance Corp. via an additional $67.7 million financing commitment to help the nation’s businesses cut energy costs and reduce carbon emissions. The bank is also offering financial discounts for upgrades and new investments in solar PV, energy storage, electric vehicles and other technologies.
Aug 21, 2019 // Markets & Finance News, Storage, storage, Australia, rooftop, solar pv, Sydney, Oceania, Clean Energy Finance Corp., ANZ, Isaac Rankin, Energy Efficient Asset Finance program, Ian Learmonth
Major solar project in Victoria panned by state arbitrator
A 200MW solar project planned for Victoria, southern Australia, has been denied planning permission by the state's planning arbitrator.
Aug 20, 2019 // Plants, Victoria, Australia, pv power plants, VCAT, Bookaar Solar Farm
Molycop to buy annual 100GWh of wind and solar in New South Wales
The Australian subsidiary of mining manufacturer Molycop has clinched a 10-year solar-wind power purchase agreement (PPA) with Melbourne energy retailer Flow Power, in a deal that supports the development of a 120MW solar project in New South Wales (NSW).
Aug 20, 2019 // Markets & Finance News, Australia, new south wales, Molycop, solar-wind, Flow Power, Bomen Solar Farm, Renew Estate, Westpac, Beon Energy Solutions, Spark Infrastructure
UPC/AC Renewables invest in 550 MW of pumped hydro and solar in Australia
AC Renewables, the energy arm of Philippines’ Ayala Corp, and Australia’s UPC Renewables have agreed to buy 51% in a 250 MW pumped hydro project and a neighboring 300 MW solar project, both located in South Australia.
Aug 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, storage, Australia, AC Renewables, UPC Renewables, pumped hydro project, Bridle Track Solar Farm, Rise Renewables, PHES plant, Anton Rohner, Brer Adams
LONGi lands maiden CEC enhanced standards pre-qualification as Hi-Mo X launches in Australia
LONGi celebrated the launch of its new Hi-Mo X module in Australia this week, clinching the industry’s first Clean Energy Council (CEC) enhanced standards pre-qualification.
Aug 16, 2019 // Manufacturing News, Australia, LONGi, Hi-Mo X module, Clean Energy Council, mono perc
Australia’s CEFC teams up with bank to fund solar, EV batteries
Australia’s green bank has found a funding partner for a new programme to support solar and electric vehicle (EV) batteries, days after pledging to back less-mature technologies more decisively.
Aug 14, 2019 // Markets & Finance News, Storage, storage, Australia, Clean Energy Finance Corp, rooftop, Oceania
Australia to redirect $337.8m in aid to Pacific neighbors for renewables
In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week, Australian Prime Minister Scott Morrison is set to announce A$500 million ($337.75 million) in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.
Aug 13, 2019 // Markets & Finance News, Policy, Australia, Pacific Islands Forum, Scott Morrison, Frank Bainimarama
A close look at nature could lead to cheaper hydrogen
Scientists at the Australia National University have observed a key stage in the process of photosynthesis which could be copied to greatly increase the efficiency of sunlight-powered water splitting processes used to produce hydrogen.
Aug 12, 2019 // Technology, Solar to Fuel, USA, Germany, Australia, Europe, hydrogen, Switzerland, Oceania, Australia National University, sunlight-powered water, Max Planck Institute, Ecole Polytechnique Federale de Lausanne, Proceedings of the National Academy of Sciences, Maria Chrysina, North America, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Ib Vogt kickstarts EPC work for Aussie solar-plus-storage project
German EPC Ib vogt has started construction on a utility-scale project in Australia’s New South Wales (NSW).
Aug 12, 2019 // Plants, Large-Scale, Commercial, Grids, EPC, Australia, solar pv, plants, solar-plus-storage, ib vogt, new south wales
Risen Australia sells 120 MW of rooftop panels in one year
Chinese PV module maker Risen Energy says it has achieved its highest jump in solar module sales in the Australian market in a one-year period.
Aug 9, 2019 // Manufacturing News, Plants, Large-Scale, China, Australia, rooftop, PV module, NEM, Risen Energy, Eric Lee, Yarranlea Solar Farm, John Zhong
More solar panels installed with subsidies than last year, insists energy minister
Besieged Energy Minister Lily D’Ambrosio insists the number of rooftop solar panel installations in Victoria this year under the government's rebate scheme will far surpass last year's numbers.
Aug 8, 2019 // Policy, Victoria, Australia, installations, solar panel, Lily D’Ambrosio, John Grimes, Daniel Andrews
Neoen gets green light for PV-wind-battery hub in South Australia
French renewables developer Neoen has won development approval from the South Australian government for a major renewable energy project, with 125 MW of wind, 150 MW of solar PV and 130 MW/400 MWh of lithium-ion battery storage. The project could also include up to 50 MW of on-site hydrogen production capability.
Aug 8, 2019 // Plants, Large-Scale, Commercial, Storage, Solar to Fuel, France, Australia, Europe, neoen, hydrogen, lithium-ion battery storage, Crystal Brook Energy Park, Garth Heron, Dan van Holst Pellekaan, Oceania, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
275MW solar-plus-wind-plus-storage superhub approved in South Australia
A monster A$500 million wind-solar-battery facility capable of generating 275MW has been greenlit by the South Australian government.
Aug 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Policy, Solar to Fuel, Australia, solar pv, queensland, neoen, hybrid park, hydrogen, solar-plus-wind-plus-storage, climate council, turbines, Oceania, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Western Sydney Uni launches new solar racecar to contest 3,000km challenge
Students from Western Sydney University has unveiled its latest solar racing car that it intends to enter in the gruelling 3,000km World Solar Challenge from Darwin to Adelaide through Australia’s searing heat this October.
Aug 7, 2019 // Technology, Transport, Australia, Sydney, Western Sydney University, solar racing car, World Solar Challenge, Max Mammone, Barney Glover, Transport, Oceania
Australian coal generator undercut by rooftop solar boom
The authorities in Western Australia have revealed that two units at Synergy’s Muja Power Station will be retired from October 2022. The state government said the coal-fired units were only being used about 35% of the time, largely because rooftop solar has reduced demand on the grid.
Aug 7, 2019 // Plants, Large-Scale, Commercial, Residential, Australia, rooftop, installations, Synergy’s Muja Power Station, Marc McGowan, AEMO, Bill Johnston, PV systems, Oceania
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