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Dealing with a downturn? Not utility-scale solar!
Utility-scale solar power has shrugged off any type of financial headwinds to tape-record a strong initial fifty percent, according to today's figures from Wiki-Solar. Global set up capability rose to over 240 GWAC, with 24 GW of brand-new setups-- over half of 2019's record full-year total.
Jul 17, 2020 // Plants, Large-Scale, Commercial, Market Research, USA, UTILITY-SCALE SOLAR, North America
Australia's AGL prepares restructure to produce 2 separate energy services
Australian utility AGL Energy has actually recommended a structural separation of the company that would entail the development of two separate services: one focused on energy retail and also the other on massive power supply.
Mar 31, 2021 // Markets & Finance News, Australia, Oceania, coal, energy transition, utility, Brett Redman, Retail, AGL
Batteries Better Than Gas at Satisfying Australia's Future Peaking Requirements
In September last year, the Scott Morrison-led Australian federal government had actually announced that it was establishing a target for the electrical energy field to reach last financial investment choices by the end of April 2021, towards supplying 1000 MW of brand-new dispatchable energy by summer 2023-24, to make sure that the coal-fired Liddell power plant could be folded in 2023 according to routine.
Apr 15, 2021 // Markets & Finance News, Storage, clean energy, Australia, Oceania, Clean Energy Council, Kane Thornton, CEC, Australian Energy Market Operator, Battery Storage Over Gas Peakers
A research team from Australia discovers a nanomaterial for sodium-sulfur batteries
A group of scientists from UOW has created an advanced nanomaterial, which can be a perfect cathode for normal-temperature sodium-sulfur batts, bringing them closer to a targeted large-scale energy storage application.
Nov 22, 2019 // Technology, Storage, Australia, Oceania, UOW
Australia's first renewable energy area gets 27GW deluge of applications
Strategies to establish the initial of 3 'renewable resource areas' (REZ) in the Australian state of New South Wales have seen an overwhelming degree of rate of interest, with an ask for propositions chalking up a nine-fold oversubscription.
Jun 24, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Australia, Oceania, new south wales, ARENA, Darren Miller, rez, John Barilaro, renewable energy zone, transgrid
PPA-linked 120 MW solar park goes on the internet in Australia
The 120 MW solar project near Wagga in New South Wales, the initial renewable resource possession in the portfolio of network proprietor Spark Infrastructure, has achieved an important turning point in the face of market obstacles and also delays.
Aug 11, 2020 // Plants, Large-Scale, Commercial, PPA, Australia, Oceania, Rick Francis
AGL preps commissioning of 250-MW/250-MWh battery in S Australia
AGL Energy Ltd (ASX: AGL) is anticipated to commission a 250 MW/250 MWh battery energy storage system (BESS) in South Australia's Torrens Island in a couple of weeks, having received authorization for performance standards by market regulatory authority AEMO.
Apr 14, 2023 // Storage, AGL Energy, S Australia
Canadian Solar, Lightsource BP Indication 1.2 GW Module Supply Contract
Canadian Solar has actually signed a multi-year module supply arrangement with Lightsource BP to provide 1.2 GW of high effectiveness polycrystalline solar modules
Feb 6, 2020 // Markets & Finance News, USA, Canadian Solar, Australia, Lightsource BP, Oceania, North America, International, Kareen Boutonnat, Shawn Qu
Fate of green hydrogen depends on ever cheaper renewables – for now
Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 tons of carbon into the atmosphere every year.
Oct 22, 2019 // Solar, Solar to Fuel, USA, Japan, Germany, Wood Mackenzie, Australia, Europe, Asia, hydrogen, Oceania, North America, green hydrogen, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Fire at Tesla Big Battery in Victoria Places The Spotlight On Threats
With large storage in focus globally for its role, the battery fire in Australia will put the emphasis back on security.
Though overall, the dangers continue to be little of significant damages, the fact that these batteries are readied to play such an important duty in total grid balancing, implies unique efforts to understand even more fool evidence protection as well as safety and security.
Aug 2, 2021 // Storage, TESLA, Victoria, Australia, neoen, Oceania
ARENA aims to additionally reduce expense of solar through new financial investment plan
The Australian Renewable Energy Agency (ARENA) will support projects that even more reduced the cost of renewable generation as part of a new financial investment technique aimed at underpinning the change to web zero emissions.
Sep 13, 2021 // Plants, Markets & Finance News, Storage, Grids, Australia, hydrogen, Oceania, ARENA, Darren Miller
Energy Vault to Help Korea Zinc Subsidiary Produce Green Zinc
Energy Vault is partnering with Korea Zinc, a company associated with non-ferrous metal smelting production, such as that of zinc, lead, silver as well as rare metal indium, for renewable resource storage.
Through this collaboration, Korea Zinc intends to decarbonize its refining and smelting procedures, focused initially under its wholly-owned subsidiary Sun Metals Corporation. The companies anticipate to begin project release in mid-2022.
Jan 10, 2022 // Markets & Finance News, Storage, Energy Vault, robert piconi, Kiwon Park, Korea Zinc, Sun Metals Corporation, Yun B. Cho
Ikea spends extra in solar every day
The Swedish furnishings titan has stated it will turn among its Australian warehouse stores right into its first 100% renewables-powered solar+ storage space retail project. Australia is likewise residence to the firm's very first development of its retail solar offering, Solstråle.
Jul 2, 2020 // Markets & Finance News, Australia, Oceania, ikea
GIG launches energy storage programmer
Eku Energy will establish, build, as well as proactively handle a portfolio of battery assets diversified across markets
Nov 8, 2022 // Storage, UK, Australia, Europe, Oceania, Green Investment Group, GIG, Eku Energy, Chris Morrison, Mark Dooley
Photon Energy Energizes 3.9-MWp Solar Farm in Romania
Amsterdam-based renewables developer Photon Energy expands its solar farm portfolio in Romania, with a new 3.9 MWp solar farm near Faget, Timis County. With a total installed capacity of over 35 MWp in the country, the company anticipates significant revenues in the coming years.
Jan 10, 2024 // Plants, Large-Scale, Commercial, Grids, Europe, photon energy, Romania, solar farm