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Two famous billionaires from Australia have been announced to invest dozens of millions of dollars in a development of a 10-gigawatt solar park with 20-30-gigawatt-hours of battery storage, with power supply destination in Singapore.

78,000 MWh per year, adequate power to fulfill the need of regarding 11,000 Australian residences and balance out some 53,585 tonnes of co2 (CO2) annually. Molong

after its functional battery devices pertained to the rescue in Southern Australia. The IPP commissioned 239MW of brand-new renewables projects in the very

Green Investment Group (GIG), as well as Fluence have partnered to deliver Australia's largest privately-funded and also had utility-scale battery. The project

momentum in the USA, Spain and Australia were major factors, while China and India had a relatively quieter year. The leading 3 nations in collective

installations soar, the changing generation profile in the state of Western Australia is undermining state-owned retailer Synergy’s market dominance. In order to

Australia’s green bank has found a funding partner for a new programme to support solar and electric vehicle (EV) batteries, days after pledging to back less-mature technologies more decisively.   The Clean Energy Finance Corp (CEFC) said on Tuesday it will co-fund a new financing programme run by the Bank of Queensland, investing from an AU$100 million (US$67 million) pot.     The so-called BOQF Energy Efficient Equipment Finance program will offer more advantageous financing terms to certain project themes in renewables and energy efficiency.   Schemes including rooftop solar installations and storage batteries for EVs will be granted annual discounts of 0.7% on their financing rates, the CEFC explained.   The new programme sees the light as the CEFC – a green financier established under the tenure of Labor prime minister Julia Gillard in 2012 – records a funding milestone.   According to stats released this week, the organisation has now injected more than AU$1 billion (US$674 million) into smaller-scale renewable projects around Australia.   As it anticipated in late July, the green bank is now keen to refocus funding on grid stability and large-scale energy storage, technologies it sees as currently less favoured by investors.   Since its launch, CEFC has helped bankroll the deployment of 1GW of solar, prioritising support to projects lacking bankable offtakers or power purchase agreements altogether.   The organisation remains the sole financier of an AU$160 million (US$108 million) scheme, also in Queensland, that integrates solar with wind and energy storage batteries.   The Kennedy Energy Park, the work of Windlab and Eurus Energy, will be linked to the local grid and is designed to cover the electricity needs of 30,000 households.   Australia’s latest state-sponsored push to fund clean energy emerges as fellow Pacific states continue to heap pressure on the country over perceived failures of its emission and coal policies.   Among those critical at the Pacific Islands Forum this week was Enele Sopoaga, the prime minster of Tuvalu and chair of the conference.   “No matter how much money you put on the table, it doesn’t give you the excuse to not to do the right thing, which is to cut down on your emissions, including not opening your coalmines,” Sopoaga was quoted by The Guardian as saying on Tuesday.

as the rural federal government of New South Wales, Australia, has actually announced the tender allocation results for 1.4 GW of renewables, international

Australia’s Wheatbelt has cleared space for its next clean-energy heavyweight. The state’s Regional Joint Development Assessment Panel has

Solar Service Group to connect optimized batteries in residential areas across Australia. The coming together of these two powerful companiesto carryout this project

to establish a 500MW greenfield photovoltaic or pv project in Queensland, Australia. The purchase is subject to authorization by Australia's Foreign

company ended non-recourse funding of the solar plants with Australia as well as New Zealand Banking Group Ltd (ANZ), Societe Generale and Sydney-based Westpac

Latif Jameel in 2015, claimed the offer will accelerate its development in Australia with new projects as well as an expansion right into brand-new

have successfully completed the 125MW Amazon Solar Project in Queensland, Australia, as part of the larger 1GW Wandoan South Project. The solar array, located in

Cable is proceeding the AUD-30-billion-plus (USD 19.6 bn/EUR 18.2 bn) Australia-Asia PowerLink (AAPowerLink) project, meant to deliver sustainable electrical power