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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

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.

Australia's Central-West Orana Renewable Energy Zone (REZ) has received final regulatory approval with a AU$5.52 billion budget, enabling the construction of 4.5 GW of new transmission infrastructure in New South Wales. This will support up to 7.7 GW of solar, wind, and storage projects. The project, part of NSW's Electricity Infrastructure Roadmap, is expected to attract AU$20 billion in private investment and create 5,000 construction jobs. State-owned EnergyCo will recover costs through generator access fees and retail network charges over 35 years.The Australian Energy Regulator's approval follows cost reviews due to inflation and supply-chain issues, with benefits like lower wholesale prices deemed to outweigh costs. Initial work, including easements and cultural-heritage surveys, begins immediately, with the first 330-kV line set to energize in late 2027. Developers ACEN, Iberdrola, and Neoen, holding options on over 3.5 GW of capacity, can now proceed to financial close. Analysts view the REZ as crucial for achieving Australia's 82% renewables target by 2030, warning that any delays could impact the broader east-coast transition plan. How will the Central-West Orana REZ impact Australia's renewable energy goals by 2030? The Central-West Orana REZ will significantly contribute to Australia's goal of achieving 82% renewable energy by 2030 by adding substantial capacity to the national grid. The 7.7 GW of solar, wind, and storage projects facilitated by the REZ will help reduce reliance on fossil fuels, accelerating the transition to a cleaner energy mix. By attracting AU$20 billion in private investment, the REZ will stimulate economic growth and innovation in the renewable energy sector. The creation of 5,000 construction jobs will boost local economies and provide new employment opportunities in the region. The REZ's infrastructure will enhance grid reliability and stability, supporting the integration of intermittent renewable energy sources. Lower wholesale electricity prices resulting from the REZ will benefit consumers and businesses, making renewable energy more competitive. The involvement of major developers like ACEN, Iberdrola, and Neoen underscores the project's importance and potential for successful implementation. Timely completion of the REZ is critical to maintaining momentum in Australia's broader east-coast transition plan, avoiding potential setbacks in meeting national renewable energy targets.

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

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

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.

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

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

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

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

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

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

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