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Prefabricated solar tech firm 5B protects ARENA grant, launches AU$ 33m innovation programme
Prefabricated solar services producer 5B is seeking to improve the scalability as well as cost of its modern technology through an AU$ 33.4 million (US$ 24 million) innovation program as well as support from the Australian Renewable Energy Agency (ARENA).
Jan 19, 2022 // Manufacturing News, Markets & Finance News, Australia, Oceania, ARENA, Nicole Kuepper-Russell
High electricity costs, policy support driving roof PV deployment globally
Set up roof solar capacity internationally is on track to raise 61% in between 2021 as well as 2025 as policy support urges deployment and also homeowners want to minimize high electricity prices.
Mar 15, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, China, Australia, Asia, Oceania, North America, feed-in tariff, soft costs, rystad energy, deployment statistics, costs
Record Renewable Output Lowers Costs, Emissions - Australian Energy Market Operator
NEM achieved a new milestone with renewable resource supplying a record-breaking 66 percent, AEMO reported National Electricity Market (NEM) covers all areas of Australia except Western Australia as well as the Northern Territory
Apr 28, 2023 // Markets & Finance News, AEMO, NEM, Australian Energy Market Operator, national electricity market, AGL Energy Ltd
Electrifying Australian Trucks: The Key to Slashing Transport Emissions
New study reveals electric trucks as the top choice for slashing road transport emissions, with potential cuts of 75-85% over their lifespan. Hydrogen trucks lag behind, and their future remains uncertain.
Jan 19, 2024 // Transport, Australia, Oceania, truck
Highly-efficient sulphur-lithium battery invented in Australia
A scientific group from Australia’s top research university has invented a new sulphur lithium battery claimed to be the most efficient of the kind. The innovative solution is expected to increase EVs’ driving range to a thousand kilometers or even more.
Jan 8, 2020 // Technology, Storage, Australia, Oceania, Monash University, sulphur-lithium battery
Australia's NSW launches renewable energy auction
New South Wales energy preacher Matt Kean today announced the official launch of the state's renewable energy as well as storage space policy that comes with the opening of the very first in a collection of bi-annual tenders over a period of 10 years.
Oct 4, 2022 // Markets & Finance News, Australia, Oceania
Squadron Energy grabs Australia's CWP Renewables
Squadron Energy, backed by Australian iron ore billionaire Andrew Forrest, has obtained residential platform CWP Renewables, taking hold of a 1.1-GW operational wind portfolio and also a hefty pipeline of wind, solar and also battery projects.
Dec 7, 2022 // Markets & Finance News, Squadron Energy, CWP Renewables
Australia's SolarJuice cuts size people IPO
Australian solar systems manufacturer SolarJuice Co Ltd has actually decreased the size of its scheduled initial public offering (IPO) in the United States to approximately USD 18 million (EUR 16.8 m) in gross proceeds by decreasing the targeted rate range for the deal.
Feb 15, 2023 // Markets & Finance News, Australia, Oceania, SolarJuice
Tesla Powers Up Australia's Largest Battery
A revolutionary energy storage complex has been commissioned in New South Wales, providing energy to 240,000 homes. It's the largest battery in the state, with three Tesla Megapack systems forming the backbone of the 150 MW/300 MWh Riverina and Darlington Point complex from Federation Asset Management and Edify Energy. Get the details on the long-term asset manager and the 10-year contracts supplied to EnergyAustralia.
Oct 9, 2023 // Storage, TESLA, Australia, Oceania
Construction works start at HyP SA green hydrogen facility
The South Australian shift toward renewable power has witnessed a new considerable step forward. The construction is starting at a major clean hydrogen project south of Adelaide. The facility is announced to feature the largest PEM electrolyzer in Australia.
Dec 3, 2019 // Technology, Plants, Large-Scale, Commercial, Residential, Grids, Australia, hydrogen, Oceania, AGN
SmartestEnergy inks Oz solar offtake
PPA with PAG covers 30 projects which also intends to rollout eco-friendly hydrogen manufacturing at the websites
Jul 12, 2021 // Plants, Commercial, Markets & Finance News, PPA, Australia, Oceania, green hydrogen, Alan Yu, SMARTESTENERGY
Multi-gigawatt Australian solar-storage Sun Cable project removes more difficulty
A project that bids to combine up to 20GW of solar PV with the world's largest energy storage battery and also a 4,200km-long subsea power cable has relocated a progression after Indonesian authorities greenlit its suggested transmission cable course.
Sep 24, 2021 // Plants, Storage, UTILITY-SCALE SOLAR, Australia, Asia, Oceania, Singapore, Sun Cable, se asia, transmission cables
Photon Energy posts record income, eyes merchant solar possibilities
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.
Feb 15, 2022 // Markets & Finance News, Australia, Hungary, Europe, merchant solar, Oceania, photon energy, Independent Power Producer
Solar microgrid to power Australian industrial park
A consortium led by gas network owner Enwave Australia is developing Australia’s first industrial renewable energy microgrid at a new 120-hectare business park in Nambeelup, Western Australia.
Sep 16, 2019 // Grids, microgrid, Enwave, Western Australia, Alannah MacTiernan, Peel Business Park, Ben Wyatt
Hong Kong PE firm to aid Maoneng build 1.9-GW Aussie battery, solar portfolio
Australian renewables designer Maoneng Group has teamed up with Hong Kong-based private equity firm Gaw Capital Partners to fast-track a 1.9-GW portfolio of mostly battery projects in Australia, it was revealed on Wednesday.
Oct 19, 2022 // Plants, Large-Scale, Commercial, Storage, Australia, Oceania, Maoneng Group, Gaw Capital Partners