Australia

Fortescue Metals Group has abandoned its Uaroo Renewable Energy Hub plans. Read on to find out why, and the implications for the company's decarbonisation strategy. Discover what the EPA's role was in the cancellation of the project.

Investment manager Quinbrook Infrastructure Partners is making a multi-billion-dollar move in North Queensland, Australia - creating a polysilicon factory powered by green energy, to produce silica quartz for solar panels & batteries. Over 1,000 jobs in construction & operation await - subject to government approvals. Townsville & the region are set for a sustainable technology hub & new job opportunities!

Australia's electricity grid is transforming: Renewables pushed prices down by 71%, solar set wholesale price on 72% of intervals and 10GW of new projects under construction. Don't miss out on saving money and ensuring reliability with renewable energy.

Osaka Gas Energy Oceania and ACE Power team up to co-develop 500 MW of solar and battery storage projects in Australia with Project Genesis. This collaboration supports Osaka Gas' Carbon Neutral Vision and long-term e-methane goals. Discover more about the project.

Experience the world's largest energy storage hub in Melbourne! The city's 1,200 MW/2.4GWh two-hour duration battery system has 365 job opportunities and can power over a million homes. Be part of the government's mission of zero emissions by 2050 with Melbourne Renewable Energy Hub.

Experience Australia's future of renewable energy with the Melbourne Renewable Energy Hub (MREH): an 1,200-MW/2,400-MWh battery storage facility powering over 1 million homes. Construction starts 2023. Largest in Australia and Asia.

A revolutionary energy storage complex has been commissioned in New South Wales, providing energy to 240,000 homes. It's the largest battery in the state, with three Tesla Megapack systems forming the backbone of the 150 MW/300 MWh Riverina and Darlington Point complex from Federation Asset Management and Edify Energy. Get the details on the long-term asset manager and the 10-year contracts supplied to EnergyAustralia.

Renewable Metals, with its battery recycling technology, is set to revolutionise the lithium-ion battery recycling market and help Australia achieve its climate goals.

Sojitz and Eneos are powering Australia with the launch of the 204MW Edenvale Solar Park. The largest solar power plant in Australia run by Japanese investors, this marks the second large solar power plant the two have jointly invested in as part of their commitment to reducing their reliance on fossil fuels.

Octopus Investments Australia raises AUD 250 million for its renewable energy fund, OASIS. With contributions from Hostplus, CEFC and Sky Renewables, plus a new investor Rest, total funds raised now stand at AUD 550 million. Octopus manages a platform of assets worth AUD 1 billion.

AGL Energy and Wärtsilä have completed construction of Australia's second largest battery storage system, the 250MW Torrens Island project, designed to help Australia transition to 100% renewable energy and achieve net-zero emissions. Constructed within 18 months, this collaboration between government, regulatory bodies and private sector proves to be a successful partnership.

BayWa r.e. demonstrate their commitment to Australia’s solar industry with the launch of their new solar portfolio. A comprehensive range of solar solutions for all needs.

Australian start-up Hysata opens "giga-scale" production plant for world's most efficient electrolyser technology. 95% efficiency rate with 1GW of production annually and major investors, government funding and 9.4GW of orders. Helping the world reach goal of trillion-dollar investment in electrolysers for hard to abate industries.

Tesla and UGL join forces to deliver an extension of the Western Downs Battery project in Queensland, Australia, increasing capacity from 200 MW/400 MWh to 270 MW/540 MWh. Construction to be completed by 2024-2025. Neoen begins construction on Storbötet and Lumivaara wind farms in Finland, total capacity of 161.2 MW.

Enel Green Power (EGP) has signed a deal with INPEX Corporation to sell a 50% stake in its Australian subsidiaries for €400 million. The transaction will positively impact EBITDA in 2023 and net debt in the long run. EGPA's portfolio includes solar and wind projects, plus innovative retail and trading solutions. Closing is subject to clearance from authorities.