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Sun Cable closes US$ 150m Series B to fund its 20GW Australia-Singapore subsea cable project
Sun Cable has actually closed a AU$ 210 million (US$ 152 million) Series B raise with their existing shareholders to fund the development of its Australia-Asia PowerLink (AAPowerLink) subsea cable project.
Mar 14, 2022 // Markets & Finance News, storage, Australia, Asia, solar-plus-storage, Oceania, Singapore, Sun Cable, transmission cables, australia singapore power link, northern australia
Tape year forecast for business eco-friendly PPAs in Australia
Corporate sustainable power acquisition contracts (PPAs) in Australia are readied to get to document levels this year, with governments and business investing AUD$ 2.4 billion (US$ 1.78 billion) and buying more than 1GW of green energy.
Dec 4, 2020 // Markets & Finance News, PPA, Australia, Oceania, Darren Miller
AGL to Build Australia's Largest Energy Storage Facility
AGL has government authorization to build a 500MW/2,000 MWh battery energy storage system at a retiring coal power plant site in New South Wales The proposed BESS by the business will certainly be four times the size of the Victorian Big Battery
Mar 23, 2022 // Storage, new south wales, BESS, Markus Brokhof, AGL, Hunter Energy Hub, largest battery storage, Liddell Power Station
Juwi to install 6.9-MW solar-battery park in Australia
Juwi Renewable Energy Pty Ltd, the Aussie device of German renewables programmer Juwi AG, on Friday said it will build a hybrid solar-plus-storage complex in the Northern Region.
Feb 22, 2021 // Plants, Storage, Australia, Oceania, Juwi Renewable Energy, solar-battery park
'Distinct' solar-storage option providers plot 300MW/ 3.6 GWh Australia project
A 1,200 hectare website in South Australia has been safeguarded by a programmer wishing to utilize it to construct a 300MW solar power website with 3.6 GWh of energy storage space, based upon an unique technology solution.
Nov 5, 2021 // Plants, Australia, Oceania, thermal energy storage, photon energy, csp, concentrating solar power
Large-scale renewable resource investment in Australia hits three-year reduced
Struck by grid connection challenges, large-scale renewable energy projects committed in Australia in the 2nd quarter of 2020 went to their lowest level because 2017, according to new data from the Clean Energy Council (CEC).
Aug 18, 2020 // Markets & Finance News, Australia, Oceania, Clean Energy Council, Kane Thornton, grid connection, covid-19, renewables investment
Australia Establishes Renewable Energy Hub: 2.4GWh BESS
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.
Oct 13, 2023 // Storage, Australia, Oceania
Vast Solar Gets $65 Million Funding from ARENA for Australia's Concentrated Solar Plant
Vast Solar will certainly be establishing the 30 MW/ 288 MWh focused solar plant in Port Augusta, South Australia. The innovation creates clean, low-cost, dispatchable power by capturing and storing the sun's energy during the day to be used to produce heat as well as power, consisting of in the evening.
Feb 14, 2023 // Markets & Finance News, ARENA, Darren Miller, Concentrated solar power, Australian Renewable Energy Agency, concentrated solar thermal power, Craig Wood, HyGATE, Australian CSP project, Chris Bowen, concentrated solar plant, Vast Solar CSP project in Port Augusta, VS1 project
CleanPeak expands solar mall portfolio in Australia with ReNu acquisition
ReNu Energy signed an agreement last week for the sale of its Australian solar assets to CleanPeak Energy, a commercial rooftop solar startup.
Aug 5, 2019 // Plants, Large-Scale, Markets & Finance News, Inverters, Rooftop PV, Australia, rooftop, solar pv, ReNu, CleanPeak, SCA, Craig Ricato
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
Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia
The eight-hour-long duration battery storage system is most likely to be Australia's longest-duration energy storage device.
May 3, 2023 // Storage, Germany, Australia, Europe, Oceania, rwe, nsw
CCA’s new solar array in Australia is close to completion
The leading non-alcoholic drink bottler Coca-Cola Amatil Limited is completing the rooftop solar project consisting of 5.2 thousand photovoltaic panels. The array is located at the company’s distribution center in Eastern Creek (Sydney) and covers an 8,516m2 rooftop area.
Jan 8, 2020 // Plants, Large-Scale, Commercial, Rooftop PV, Australia, solar panel, Oceania, Coca-Cola Amatil
Solar, wind, storage investment falls down in Australia as threats on designers expand
A brand-new evaluation by the Clean Energy Council discloses a significant fall in the number of large-scale renewable resource projects committed in the second quarter of 2020, with simply 3 projects standing for 410 MW of new ability reaching financial close-- the most affordable degree given that 2017.
Aug 19, 2020 // Large-Scale, Markets & Finance News, Australia, Oceania, Clean Energy Council, Kane Thornton
Learnings From the $12 billion Brookfield Bid For Australia's Origin Energy
Global investment administration firm Brookfield's $11.8 billion bid that is also sustained by the target firm's board is a clear indicator of the volume as well as direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets.
Nov 11, 2022 // Markets & Finance News, energy transition, Origin Energy, Brookfield, australia energy market, legislative commitment to emissions reductions, renewable energy bid
Renewables can fulfill all electricity demand in Australia at certain times of day by 2025
Accelerating release of utility-scale solar as well as wind means much of Australia can have adequate eco-friendly generation to fulfill 100% of consumer demand at specific times of the day by 2025.
Aug 31, 2021 // Markets & Finance News, Australia, AEMO, NEM, rooftop PV, Oceania, Daniel Westerman