Oceania

AEMO gets rid of suspension, restores wholesale power markets in all Australian areas
The Australian Energy Market Operator (AEMO) has actually lifted the wholesale power market suspension in all areas of the National Electricity Market (NEM) from 2pm today (AEST), after stepping in greater than a week earlier.
Jun 24, 2022 // Markets & Finance News, Australia, AEMO, Oceania, Australian Energy Market Operator, national electricity market, wholesale markets
Evergen to further develop software after shutting AU$ 15m financing round
Australian energy software firm Evergen has shut a AU$ 15 million (US$ 10.4 million) series B funding round, its biggest capital expense to date.
Jun 23, 2022 // Markets & Finance News, Software, Australia, Oceania, funding, frv, Fotowatio Renewable Ventures, Evergen, software, software platform
Australia commits to greater 2030 emissions reduction target
Australia's new Labor government has actually increased the nation's 2030 emissions reduction target as it vowed to support the transition to renewables by purchasing transmission infrastructure and also energy storage.
Jun 16, 2022 // Plants, Markets & Finance News, Grids, Policy, Australia, AEMO, Oceania, policy, Emissions, climate targets, Anthony Albanese
Rio Tinto puts out 1148MW Oz solar, wind phone call
The large-scale renewables projects are required to power three aluminium plants in Queensland
Jun 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, Australia, Oceania, Rio Tinto, Oz, Ivan Vella
Solar window firm ClearVue signs LoI for commercial installation in Atlanta
Australian solar window company ClearVue Technologies Ltd (ASX: CPV) on Wednesday said it has authorized a letter of intent (LoI) for its first commercial installation in North America that can see its patented solar power windows fitted in at a new office building in Atlanta, Georgia.
Jun 8, 2022 // BIPV, Markets & Finance News, Australia, Oceania, ClearVue, Atlanta
Renewables action vital to counter 'apocalyptic' Australian power prices
A tactical and renewables-heavy response to "apocalyptic" power prices witnessed in Australia has actually been asked for by the Australian Industry Group (Ai Group).
Jun 1, 2022 // Markets & Finance News, Australia, Oceania, australia solar, price volatility, energy crisis, ai group, gas crisis
Australian City Turns To Compressed Air Project For Storage Of 1.5 GWh
Unlike pumped hydro energy storage (PHES), progressed compressed air energy storage is fairly easy to site and construct, requiring far less space as well as water.
May 31, 2022 // Storage, Hydrostor, Australia, Oceania, transgrid, Advanced Compressed Air Energy Storage, A-CAES, Broken Hill, Van Walleghem
Fire risk recall for LG home battery storage equipment owners in Australia
Buyers of home energy storage systems in Australia have been urged to check whether batteries in their gadgets come from a batch remembered because of their risk of causing fires.
May 25, 2022 // Storage, Australia, Oceania, LG Energy Solution, consumer advice, fire safety, product recall, regulatory
Australia's new prime minister vows to make nation 'renewable energy superpower'
Australia's new head of state, Anthony Albanese, has promised to make the nation a renewables "superpower" following his Labor Party's victory in Saturday's federal election, which ousted predecessor Scott Morrison's conservative coalition.
May 23, 2022 // Plants, Markets & Finance News, Grids, Policy, ENERGY STORAGE, Australia, climate council, Oceania, rooftop solar, policy, net zero, national electricity market, grid upgrades, Anthony Albanese
French renewable developer Akuo commissions biggest BESS projects in Tonga and also Martinique
French renewable power producer and also programmer Akuo Energy has commissioned a 29.2 MWh battery energy storage system (BESS) in Tonga, several weeks after powering up a 19MWh project in Martinique
May 23, 2022 // Storage, France, Europe, Oceania, investment, lithium-ion, Tonga, grid stabilising, renewables integration, martinique
Oz developer gets grid assessment nod for 240MW battery
Maoneng's energy storage project in Victoria is scheduled for completion in very early 2024
May 19, 2022 // Storage, Australia, Oceania, Morris Zhou, Maoneng
Solar growth continues to erode coal market share in Australia as prices soar
Solar PV and various other renewables represent more than a third of electricity generation in Australia's National Energy Market (NEM) in Q1 2022, coal's share slipping by five percentage points year-on-year.
May 17, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, AEMO, NEM, Oceania, national energy market, distributed generation, grid transmission
Aquila Capital as well as FNSF team up for 1GW Solar Farm in New Zealand
New Zealand currently has a target to get to 90 per cent RE supply by 2025. Solar has actually not been a favoured alternative previously, thanks to abundant opportunities in Hydro, geo thermal as well as also Wind.
May 13, 2022 // Plants, Large-Scale, Commercial, New Zealand, Oceania, solar farm, Aquila Capital, Far North Solar Farm, FNSF NZ director, John Telfer
Australian scientists bag financing to investigate reusing unwanted photovoltaic panels
Grant funding has actually been awarded to a project in Australia that will certainly check out the potential revenue streams and consumer rate of interest being used solar PV panels.
May 13, 2022 // Markets & Finance News, Policy, Australia, recycling, Oceania, University of Queensland, sustainability, end of life, Energy Consumers Australia
Origin safeguards preparing for 700MW Oz battery
Eraring facility in NSW will certainly have a dispatch duration of 4 hours
May 12, 2022 // Storage, Australia, Oceania, Origin Energy