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NSW's inaugural renewable energy tender awards 1.4 GW
bn), the state government revealed on Monday following their evaluation by the Australian Energy Market Operator (AEMO). The results were released a couple of days
May 1, 2023 // Plants, Markets & Finance News, Storage, tender, nsw
AEMO gets rid of suspension, restores wholesale power markets in all Australian areas
cost cap in the states of Queensland, New South Wales, Victoria and also South Australia after reaching the high rate threshold.
Australia has been facing a
Jun 24, 2022 // Markets & Finance News, Australia, AEMO, Oceania, Australian Energy Market Operator, national electricity market, wholesale markets
ACEN Plans 100-MW Solar Project with Storage in NSW
for a 100-MW solar project with 80 MW of battery storage in New South Wales, Australia. The company has submitted a scoping report to the state's Department of
Jul 24, 2024 // Plants, Large-Scale, Commercial, Storage, PV Power Plant, nsw, ACEN
Engie secures funds for 250-MW solar-plus-storage project in Victoria
Engie SA has secured all funds to build a 250-MW solar project in Victoria, Australia, as part of its goal to deliver 3 GW of renewable energy capacity in the
Aug 16, 2024 // Plants, Large-Scale, Commercial, Victoria, Engie SA, solar-plus-storage project
Sound economics spur Aussie mining giant on to solar and wind
Australian miner Oz Minerals is turning to wind and solar power for operations at what is billed as the largest unexplored nickel-copper deposit in Australia, it order to curb the need for "high cost fossil fuels."
The Australian mining giant estimates that 55MW of combined diesel, solar and wind will satisfy the West Musgrave mine's power needs. Renewables will account for 70 to 80% of power generation. The remainder will be supplied by diesel and battery storage.
The West Musgrave mine is near the border between South Australia and Western Australia. Adelaide-based Oz Minerals, one of the largest miners in Australia, has a 70% stake in the project. Perth-based Cassini Resources owns the rest.
“Baseline data collected over the last year has demonstrated a high quality, consistent solar and wind resource is available, with higher wind velocities at night offsetting the lack of solar power,” a mine progress update released by Oz Minerals on Wednesday reads. It noted that solar PV and wind power solutions are both “economically viable” and “technically mature.”
Such an economic viability is critical, it said, given that power accounts for a whopping 40% of the operation’s processing costs.
Power is to be sourced through a power purchase agreement. Oz Minerals said it has received a “large number” of proposals from major utilities, independent power producers, infrastructure funders and equipment manufacturers.
The companies have extended the mine’s pre-feasibility timeline to early 2020 on account of “several opportunities and some threats” that warrant “further investigation.”
Oz Minerals CEO Andrew Cole said in a statement that the opportunities, which include the hybrid power solutions, have “the potential to reduce our carbon footprint and power costs versus a traditional mine footprint, while improving overall project economics.”
Oz Minerals and Cassini Resources are the latest in a string of miners turning to renewables to offset fossil fuel generation in Australia.
In June, Oz Minerals announced that it would trial a wind-solar-storage power plant, which includes 250kW of solar, at its Carrapateena copper-gold mine in South Australia. Earlier this year, Gold Fields signed a contract with British power generation equipment provider Aggreko to build and operate an 8MWp/2MW hybrid solar-thermal-battery storage system at its Granny Smith mine in Western Australia.
Aug 29, 2019 // Plants, Large-Scale, Commercial, Australia, Oceania, Oz Minerals, miner, Andrew Cole
Enphase Energy increases Australian circulation network
States microinverter manufacturer Enphase Energy has actually broadened its Australian circulation network on the back of its collaboration with worldwide supplier
Mar 26, 2020 // Markets & Finance News, Inverters, USA, Australia, Enphase Energy, Oceania, North America, Rexel Group, Dave Ranhoff, Rob McLeod
Palisade secures AUD 258m loan for Aussie renewables expansion
258 million loan to support the expansion of its renewable energy platform in Australia. The 10-year credit facility will help de-risk the wind and solar power
Jun 3, 2024 // Plants, Large-Scale, Commercial, Palisade
Iberdrola obtains Australian solar EPC company Autonomous Energy
PV and battery energy storage space-- for a range of clients across Australia.
Autonomous Energy chief executive officer Matthew Linney stated his firm's
Dec 17, 2021 // Markets & Finance News, EPC, Iberdrola, Australia, Oceania, m&a, acquisition, Autonomous Energy
Siemens backs Aussie plan to produce hydrogen via 5GW PV-plus-wind complex
Hydrogen Renewables Australia (HRA) and German engineering giant Siemens have unveiled plans for a hydrogen production facility in Western Australia,
Oct 8, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Solar to Fuel, Australia, neoen, hydrogen, Oceania, solar-plus-wind, kalbarri, HRA, Terry Kallis, Jeff Connolly, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Ampyr, Shell Energy Collaborate for 1,000 MWh BESS
Australia Pty Ltd has announced that it has signed an arrangement with energy conglomerate Shell Energy Australia to collectively create a proposed battery
Oct 17, 2022 // Storage, new south wales, Renewable Energy, national electricity market, Greg Joiner, AMPYR, Ampyr Australia Pty Ltd, Shell Energy Australia, the Wellington BESS, TransGrid Wellington
Amp Energy claims not selling Australian portfolio
is a time of transformative growth for our Australian organization and we see a really intense future for the continued large-scale development of a varied
Mar 6, 2023 // Markets & Finance News, Australia, Oceania, AMP Energy
Metis Energy Secures Off-Taker for Queensland Solar Park
Metis Energy Ltd has secured SmartestEnergy Australia as the long-term power off-taker for its 111-MWp Gunsynd Solar Farm project in Queensland,
Apr 3, 2024 // Plants, Large-Scale, Commercial, queensland, PV Power Plant, Metis Energy
Enel Green Power secures $126m loan for Aussie solar-storage
secured a USD 126 million loan for a solar-storage hybrid project in Victoria, Australia. The project, named Girgarre solar park, will add solar and battery storage
Jun 14, 2024 // Storage, enel green power
AGL obtains Australian C&I solar providers Solgen and Epho
which operates the largest electricity portfolio in Australia's National Electricity Market (NEM) as well as is the nation's greatest greenhouse gas emitter, said
Mar 10, 2021 // Markets & Finance News, Australia, Oceania, utility, Brett Redman, acquisition, AGL, commercial and industrial, sol distribution, Solgen
BrightNight's Mortlake Energy Hub: Grid Approval for Mega PV-Storage
power producer BrightNight has received approval from the Australian Energy Market Operator to connect a hybrid renewable energy complex with 360 MW of solar
Jul 24, 2024 // Plants, Large-Scale, Commercial, Storage, Victoria, PV Power Plant, BrightNigh