Oceania

Australian oil as well as gas significant Origin Energy Limited (Origin) has actually introduced it means to carry out a preliminary on-market share buy-back of $250 million. The share buy-back is expected to commence in April 2022.

John Laing as well as Maoneng Sunraysia project in New South Wales got in full procedures in very early March

His firm Squadron Energy has acquired Clarke Creek project to establish wind, solar and also battery farms in central Queensland.

Fortescue Future Industries has begun building and construction of what it claims will certainly be the world's largest electrolyser production facility in Gladstone, Queensland, the first stage of a substantial plant that can additionally make wind turbines, photovoltaic panels, batteries and cable televisions.

Genex Power has actually received debt authorizations on a AU$ 35 million (US$ 25.26 million) debt money facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia.

The Australian state of New South Wales (NSW) has received applications for nearly 40GW of renewable generation and also storage space projects for its scheduled Hunter-Central Coast Renewable Energy Zone (REZ) amid huge passion in clean energy sources in the state.

Australia and India have actually agreed to collaborate on solar manufacturing and also release, aiming to lower the price of solar PV, battery energy storage systems (BESS) and brand-new clean modern technologies in both countries.

Solar project developer and also possession owner Photon Energy Group saw its profits reach a brand-new high last year thanks to the sale of electrical power from its growing portfolio of PV plants.

Australia has actually hit a historic milestone-- it has gotten to 25GW of set up solar capacity. As the Australian PV Institute kept in mind on Monday, that's more solar per head than anywhere else in the world.

Australian steels company Fortescue has actually introduced prepare for a vast renewables center consisting of as much as 3,333 MW of solar to power its mining operations in Western Australia.

Solar PV and also various other renewables accounted for a record share of electricity generation in Australia's National Energy Market (NEM) in Q4 2021 at 34.9%, while average wholesale prices rose with the higher cost of fossil fuels regardless of their share of the energy mix shrinking.

The Australian state of New South Wales (NSW) has obtained propositions for greater than 34GW of solar, wind and energy storage space for its South-West Renewable Energy Zone (REZ), more than 10 times the likely capacity of the site.

Construction has started on BHP's "first off-grid large-scale renewable resource project", completing 38 MW of solar energy and a 10.1 MW/5.4 MWh battery energy storage system (BESS), at 2 nickel mines in Western Australia which supply Tesla for usage in electrical lorry (EV) batteries.

Greek commercial team Mytilineos said its renewables and also storage space device continues with "full speed" to invest in solar and battery power storage space systems around the world complying with a 2021 that saw the business increase its PV design, purchase and also building (EPC) procedures.