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Sojitz, Eneos Invest in Australia's Largest Solar Plant
is the second large solar power plant in Australia that Sojitz and Eneos have jointly invested in, following the launch of the 131-MW Kiamal Solar Farm in October
Oct 2, 2023 // Plants, Large-Scale, Commercial, Australia, Oceania, PV Power Plant, Sojitz, Eneos
Neoen finishes development of Tesla Big Battery in Australia
larger, with an upgraded capacity of 150 MW.
The A-Team of Tesla-- the South Australian federal government, Clean Energy Finance Corp. (CEFC), and the
Sep 3, 2020 // Storage, TESLA, Australia, neoen, Oceania, ARENA, Darren Miller, Louis de Sambucy
Amazon & Vena Energy Power Up Solar Project in Australia
commercial operation of a new 125 MW solar project in Woleebee, Queensland, Australia. The Amazon Solar Project Australia – Wandoan is expected to
Feb 22, 2024 // Plants, Commercial, Australia, Amazon, Oceania, Vena Energy, Solar Project
Energy Vault to Deploy 200 MW BESS in Australia
two battery energy storage systems totaling 200 MW at a solar complex in Australia developed by ACEN Corporation. The agreement includes a 50 MW/100 MWh BESS and
May 10, 2024 // Storage, Australia, Oceania
Enel wins approval for maiden solar-storage project in Australia
approval was approved by the Australian Energy Market Operator (AEMO), the Italian energy team stated on Thursday, including that this will be its "very initial"
Jan 20, 2023 // Plants, Storage, Australia, Enel, Oceania, PV Power Plant
Three eco-friendly hydrogen projects in Australia protected funding
projects, readied to be released in Victoria and Western Australia, will certainly include 10MW electrolysers, making them amongst the biggest sustainable hydrogen
May 6, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar to Fuel, Australia, Engie, hydrogen, Oceania, Clean Energy Council, ARENA, Darren Miller, green hydrogen, electrolysers
Trina Solar Plans Major Battery Project in Australia
660 MW/2,640 MWh battery energy storage system (BESS) in Wellesley, Western Australia, named the Kemerton BESS. If approved, construction is set to begin in the
Sep 23, 2024 // Storage, Australia, Oceania, Trina Solar
South Australia Is a Time Machine Into the Solar-Powered Future
its extreme competition for retail electrical energy consumers is another. Australia, where one in four homes has a solar power system, is yet one more.
Allow's
Feb 4, 2021 // Market Research, Australia, South Australia, Oceania
CIC Plans 20 GW Off-Grid Green Hydrogen in Australia
(CIC) has unveiled plans for two 10-GW green hydrogen projects in central Australia, utilizing its modular technology. The company aims to establish a local
Jul 11, 2024 // Solar to Fuel, Australia, Oceania, green hydrogen, CIC
Risen Australia sells 120 MW of rooftop panels in one year
by high electricity prices and falling costs of solar, Australia’s rooftop solar sector keeps on growing at an unprecedented pace. As many module manufacturers
Aug 9, 2019 // Manufacturing News, Plants, Large-Scale, China, Australia, rooftop, PV module, NEM, Risen Energy, Eric Lee, Yarranlea Solar Farm, John Zhong
South Australia thumbs-ups 225MW battery
South Australian federal government has provided advancement approval for Maoneng's 225MW Gould Creek battery energy storage system near Adelaide.
Maoneng claimed
Nov 1, 2021 // Storage, Australia, Oceania, Morris Zhou, Stephen Patterson
Australia commits to internet zero by 2050 however prevents legislation
ahead of the essential COP26 climate conference in Glasgow following week, Australia's Prime Minister, Scott Morrison, stated the dedication was "not a
Oct 27, 2021 // Markets & Finance News, Australia, Oceania, Clean Energy Council, ARENA, IEEFA, net zero
Western Australia's biggest PV project currently operational
Energy's 132 MW (DC) Merredin Solar Farm in Western Australia is currently up and running. It is the state's largest functional PV project.
The project lies on
Aug 21, 2020 // Plants, Large-Scale, Commercial, Australia, Risen Energy, Oceania, solar projects
Australia's Oversubscribed AUD-7bn Maiden Green Bond
Australia's AUD 7 billion maiden green bond was oversubscribed three times, with total bids exceeding AUD 22 billion from 105 investor institutions globally. The bond, issued by the Australian Office of Financial Management on behalf of the government, will mature in June 2034. Joint Lead Managers for the bond issuance include Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank Limited, UBS AG, Australia Branch, and Westpac Banking Corporation.Investors in the green bond will support government-backed projects in Australia focused on climate change mitigation, adaptation, and environmental improvement. The proceeds from the bond will fund initiatives such as green hydrogen hubs, community batteries, clean transport, and biodiversity conservation programs. The government's green bond framework was released in December 2023.
Why was Australia's maiden green bond oversubscribed three times?
Strong investor demand for green investments: Investors are increasingly looking for opportunities to support environmentally-friendly projects and initiatives, leading to high demand for green bonds.
Australia's commitment to sustainability: The Australian government's focus on climate change mitigation, adaptation, and environmental improvement aligns with the goals of many investors seeking to make a positive impact through their investments.
Attractive terms and returns: The terms and returns offered by Australia's maiden green bond were likely appealing to investors, contributing to the oversubscription of the bond.
Reputation of the issuing institutions: The Australian Office of Financial Management and the Joint Lead Managers have strong reputations in the financial industry, which may have increased investor confidence in the green bond issuance.
Growing interest in green finance: The global shift towards sustainable finance and the increasing popularity of green bonds may have also played a role in the oversubscription of Australia's maiden green bond.
Jun 4, 2024 // Markets & Finance News, Australia, Oceania
ARENA needs AU$460m federal funding lifeline, says Australia Institute
and its projects while a longer-term funding plan is devised, according to the Australia Institute.
ARENA has invested AU$1.44 billion (US$970 million) in 478
Jan 29, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, solar pv, Oceania, Scott Morrison, ARENA