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10 GWh Deal: Quinbrook & CATL Partner for Storage Solutions
as well as those of its portfolio companies across the US, the UK and Australia. The first deliveries will include CATL's EnerC Plus outdoor container
Nov 8, 2023 // Markets & Finance News, CATL, quinbrook infrastructure partners
Solis Impresses: Intersolar Europe Expansion
Spencer Energy Project is a proposed large-scale solar energy project in South Australia.
The project is set to become Australia’s largest solar farm,
Jun 26, 2023 // Inverters, Solis
Sunrise CSP & EIL Join Forces to Power India's Net-Zero Future
Australia's Sunrise CSP and Engineers India Ltd have signed an MoU to collaborate on projects in India's oil and gas sector, as well as for domestic clients with single potential order size exceeding INR 300 million. Both companies hope to share their respective expertise to create energy solutions and contribute to India's emissions reduction goals. They plan to use Concentrated Solar Thermal (CST) technology to provide industrial process heat and electricity generation, as well as integrate the technology with existing industrial facilities and process plants. Additionally, the Kailash Cancer Hospital and Research Centre in Goraj has installed the world's largest solar concentrator, a project led by Australia National University and Sunrise CSP Australia.
Can Sunrise CSP and Engineers India Ltd Collaborate on India's Oil and Gas Projects?
By combining their expertise, Sunrise CSP and Engineers India Ltd can develop energy solutions to meet India's growing energy demands, while also helping to reduce greenhouse gas emissions.
The companies plan to use concentrated solar thermal (CST) technology to generate industrial process heat and electricity, as well as to integrate it with existing industrial facilities and process plants.
The project in Goraj, led by Australia National University and Sunrise CSP Australia, has installed the world's largest solar concentrator, a step forward for the CST technology.
The collaboration has the potential to create jobs in the renewable energy sector and to help India reach their emissions reduction goals.
Sunrise CSP and Engineers India Ltd could also explore other potential applications of the CST technology, such as desalination, water treatment, and heating and cooling.
Aug 29, 2023 // Plants, Markets & Finance News, solar thermal, Engineers India Ltd, Sunrise CSP
OX2 Sells 105 MW Solar Projects to European Energy
renewable energy developer OX2 AB has sold two solar projects in Australia, totaling 137 MWp/105 MW AC, to Danish firm European Energy A/S. The acquisition
Sep 10, 2024 // Plants, Large-Scale, Commercial, european energy, PV Power Plant, OX2
Neoen Launches Australia’s Largest Battery Energy Storage System
has launched the 219-MW/877-MWh first phase of its Collie Battery in Western Australia, which will become the country’s largest battery energy storage
Oct 29, 2024 // Storage, Neoen SA
Australia’s Clean Energy Council calls for drastic power market reform
Australia needs to drastically overhaul its power market in order to harness and benefit from the country’s skyrocketing rooftop solar and battery market, according to the Clean Energy Council (CEC).
More than half of Australia's homes are forecast to have solar PV systems by 2050, and distribution network service providers, regulators, state and territory governments and policymakers need to revamp existing policies and systems to cater to the boom, according to a new report from the clean energy lobby group.
Existing electricity distribution networks were not designed for the present solar boom, the report reads, and Australia needs "new rules to mandate technological capability and new markets to make best use of the capabilities already at our disposal."
It asks that distribution network service providers (DNSPs) require inverters to have Volt-Watt and Volt-Var response capability as a condition of system grid connection. DNSPs that have already adopted static zero-export limitations should invest in network intelligence and move toward dynamic export limitations, the report says, adding that DSNPs should transition to more “cost-reflective” network tariffs, like time-of-use or demand-based charging.
According to the document, connection agreements should allow for the dynamic engagement of distributed energy resources (DER) in the power system, and energy customers should have a right to initiate a review of their connection agreement and the opportunity to receive a better deal. The CEC would support multi-sided trading platforms as a means of enhancing system optimisation and customer benefits of DER uptake.
Promoting VPPs through rebate incentives
The report has a suite of recommendations for Australian policymakers, too. These include: establishing market frameworks that enable new DER energy services; giving DER the same market-access as utility-scale assets; adopting alternative network revenue models and tariff structures; supporting retail reforms that enable grid-enabled value exchanges; and exploring reforms that separate the distribution market operator role from the distribution system operator role. It asks that the Australian Energy Market Operator and the Australian Energy Market Commission consider how aggregation of DER can be optimised using a single asset classification.
The Australian Energy Regulator should “recognise the customer value and the important role of dynamic network intelligence for managing high levels of DER,” and therefore approve expenditure requests necessary to maintain it.
The report urges state and territory governments to expand rebate plans to cover virtual power plants (VPPs). Licensing and other regulatory networks should be adapted to ensure that community energy projects can proceed without difficulty and microgrid customers are protected. Governments should review their planning and development approval systems to help developers in suburbs targeting high DER penetration and minimal grid impacts using grid-connected microgrids and embedded networks.
Australia has the highest penetration of rooftop solar in the world, according to the report’s authors. In Queensland, about 33% of all dwellings have solar installed on their roof, and South Australia and Western Australia are not far behind, with 32% and 28% respectively. There are now more than 2.1 million Australian solar homes.
The Australian Energy Market Commission expects that by 2050, more than half of all Australian houses will have solar PV systems and about a third of residential buildings will have energy storage.
Oz guaranteed to hit 2020 large-scale renewable energy target
In a separate development, Australia's Clean Energy Regulator (CER) confirmed that the recent approval of four large wind and solar power stations, with a combined capacity of 406MW, means Australia is now guaranteed to meet its 2020 large-scale renewable capacity target.
CER chair David Parker said in a statement on Wednesday that it is "now certain" that Australia will meet the milestone.
The Large-scale Renewable Energy Target (LRET) has existed since 2001 – initially to help the nation produce 2% of its electricity generation from renewable sources. In 2009, it was expanded with a more ambitious 20% aim in mind. In 2011, the target was split into two parts, large-scale and small-scale.
Despite eclipsing its target, the LRET will continue to provide a framework for ongoing renewable energy investment, according to the regulator.
“We are currently tracking another 6,410MW of renewable energy to be built over the coming years,” Parker said. “While future investment faces a number of constraints, this is by no means the end of renewable energy investment in Australia, with markets continuing to innovate and adapt to opportunities and challenges.”
The CER says that 6.4GW of new renewable capacity was deployed in Australia between 2017 and 2019.
Sep 5, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Rooftop PV, Battery Storage, Australia, Oceania, Clean Energy Council, rooftop solar, LRET, David Parker
'Unrealised potential' for solar implementation at Australian airports
up solar PV systems on the roofings of 21 Leased Federal Airports (LFAs) in Australia can provide sufficient clean energy to provide 136,000 homes and
Apr 21, 2021 // Plants, Residential, Australia, rooftop PV, Oceania, airport, RMIT University, brisbane
Palisade packages 1 GW of assets right into new renewables platform
fuel generation in mix with ambitious internet zero targets throughout the Australian economy.
The new platform's seed assets include four wind farms, Hallett 1
Mar 29, 2023 // Plants, Australia, Oceania, Palisade
MPower Group sells Queensland PV-storage site for growth funds
expansion. The company has a pipeline of project opportunities across eastern Australia and is advancing schemes in South Australia, Victoria, and New South
Jun 4, 2024 // Storage, queensland, MPower Group
Acen's 600-MW Solar Park Approved in New South Wales
Australia, a subsidiary of Ayala's ACEN Corp, has received approval to build a 600-MW solar park with an integrated battery in New South Wales' Central-West Orana
Aug 19, 2024 // Plants, Large-Scale, Commercial, Australia, Oceania, PV Power Plant, ACEN
Financial investment in Australian renewables down as funding for big batteries skyrockets
of the speed of the clean energy change worldwide, the brakes are being put on Australia's guarantee as a renewable resource superpower," said Kane Thornton, CEC chief
Jun 1, 2021 // Markets & Finance News, Battery Storage, Australia, Oceania, Clean Energy Council, Kane Thornton, project financing, renewables investment
Australian Govt Picks Eku Energy for Canberra's 500 MWh Big Battery Project
battery storage arm of Macquarie Group, has actually been picked by Australian Capital Territory government for Canberra's Big Battery project.
The Big
Apr 13, 2023 // Storage, Australia, Oceania, Macquarie Group, BESS Project, Eku Energy, Australian grid
ARENA to support Australian microgrids with brand-new funding
the Regional Australia Microgrid Pilots Program (RAMPP), the six-year initiative will certainly demonstrate remedies to technological, regulative or commercial
Sep 28, 2021 // Plants, Markets & Finance News, Policy, Australia, Oceania, microgrid, ARENA, Microgrids, off-grid
Sun Cable's Australian solar-storage project deemed financial investment prepared
Cable, the firm behind the Australia-Asia PowerLink (AAPowerLink), said Infrastructure Australia has affirmed the financial advantage of the project, which
Jun 24, 2022 // Markets & Finance News, ENERGY STORAGE, Northern Territory, Australia, Asia, solar-plus-storage, Oceania, investment, Singapore, Sun Cable, Australia-Asia PowerLink
Gold Fields' Green Energy Boost: 77-MW Aussie Power Complex
to build a 77-MW wind and solar power complex at its St Ives mine in Western Australia. The complex will include a 42-MW wind farm, a 35-MW solar plant, a hub
Mar 13, 2024 // Plants, Large-Scale, Commercial, Western Australia, Gold Fields