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Gigawatts of solar PV, energy storage breakthrough in Indonesia as Singapore interconnector strategies gather pace
underway to know a project that will certainly export clean electricity from Australia to Singapore via a subsea cable that will travel through Indonesia. Sun Cable,
Apr 19, 2022 // Markets & Finance News, Asia, ib vogt, Singapore, Indonesia, rfp, joint venture, Anton Milner, renewables export, Quantum Power Asia, Simon Bell
SunDrive accomplishes 26.41% effectiveness with copper solar cell modern technology
area for the organized production center has not been identified, Allen stated Australia has most of the ingredients needed to host a solar manufacturing market. "We
Nov 8, 2022 // Technology, Australia, solar cell, Oceania, efficiency, SunDrive
Finance ROUND-UP: CleanCapital’s US$300m, Fotowatio’s loan, Soltage’s 200MW push
July: A 67.8MW, PPA-backed project by Fotowatio Renewable Ventures (FRV) in Australia has secured financial backing from top banks. The Goonumbla scheme
Jul 22, 2019 // Markets & Finance News, CleanCapital, KDC Solar, C&I, Credit Suisse, BlackRock
Queensland's 'not a surprises' budget plan declares solar, wind as well as Renewable Energy Zone plans
farm will develop part of a bigger precinct currently being established by the Australian arm of Spanish energy group Acciona. CleanCo has actually additionally agreed
Dec 2, 2020 // Markets & Finance News, Australia, queensland, Oceania, new south wales, green finance, Cameron Dick, solar investment, renewable energy zones, cleanco, Claire Fryer
Zen Energy Secures $28M Investment from Taiwan’s HD Renewable
Australian power retailer Zen Energy has secured an AUD 43 million (USD 28.1 million) investment from Taiwan's HD Renewable Energy. In exchange for its investment, HD Renewable will acquire 9.7% of Zen Energy's newly issued ordinary shares, valuing the company at AUD 443 million post-transaction. This partnership is aimed at advancing energy storage and green hydrogen projects.The collaboration will focus on developing projects in Australia, Taiwan, and potentially Japan. This partnership follows a cooperation agreement signed earlier this summer, targeting the development of renewable hydrogen and energy storage initiatives, alongside commitments for up to 500 MW of energy offtake. What are the implications of Zen Energy's partnership with HD Renewable Energy for the industry? The partnership between Zen Energy and HD Renewable Energy carries several implications for the renewable energy industry, particularly in the realms of energy storage and green hydrogen. Here are some key points to consider: Enhanced Investment in Renewable Technologies: The significant investment from HD Renewable Energy showcases growing international confidence in Australian renewable energy projects, potentially attracting more global investors to the sector. Boost to Energy Storage Capabilities: With the collaboration focusing on energy storage solutions, there could be advancements in battery technologies and energy management systems, essential for optimizing and stabilizing power supply in renewable networks. Accelerated Green Hydrogen Development: The partnership emphasizes the importance of green hydrogen as a clean energy carrier, likely leading to increased research, pilot projects, and scalable solutions in hydrogen production, contributing to Australia's position as a leader in this emerging market. Opportunities for Cross-Border Collaboration: The geographical focus on projects in Australia, Taiwan, and Japan fosters greater international collaboration in renewable energy innovation, knowledge sharing, and technology transfer across borders. Creation of New Job Opportunities: As projects develop and expand, this partnership may create a variety of jobs within the renewable energy sector, from engineering and technical roles to project management and operations, thereby contributing to local economies. Strengthening Regional Energy Supply Security: By developing energy storage and hydrogen projects, this collaboration could enhance energy resilience and independence in the regions involved, reducing reliance on fossil fuels. Support for Policy and Regulatory Frameworks: Collaborative projects may stimulate discussions around supportive policies and regulations for renewable energy technologies, encouraging governments to create environments conducive to further investment and development. Potential for Innovative Business Models: The partnership may lead to the emergence of new business models in renewable energy, particularly in how energy is produced, stored, and sold, fostering competition and innovation in the marketplace. Public Awareness and Acceptance: As projects are rolled out under this partnership, they may help raise awareness of renewable energy solutions among the public, potentially increasing acceptance and adoption of green technologies among consumers and businesses. Alignment with Global Sustainability Goals: This partnership underscores the alignment of private sector initiatives with wider global objectives such as reducing greenhouse gas emissions, promoting sustainable energy practices, and fulfilling commitments under international climate agreements. Long-Term Industry Growth Potential: If successful, this partnership could pave the way for future collaborations, setting a precedent that encourages more entities to invest in and partner for sustainable energy initiatives, further driving growth in the renewable sector.
Nov 14, 2024 // Markets & Finance News, Zen Energy
Australia's New Energy Solar to wind up after USD-245m sale of US portfolio
New Energy Solar Ltd (ASX: NEW) has actually consented to unload its US solar portfolio to an associate of monetary services group Goldman Sachs (NYSE: GS) in a USD-244.5-million (EUR 244m) deal that will certainly lead to the winding up of the Aussie firm.
Aug 22, 2022 // Markets & Finance News, USA, North America, Goldman Sachs, New Energy Solar Ltd
A new metric to evaluate the economic feasibility of cell efficiency increase
The highest efficiency value is forecasted for such regions as New Zealand, Australia, Japan, Northern and Central Europe, as well as North
Dec 3, 2019 // Technology, Manufacturing News, Commercial, USA, LCOE, North America, PV cell, VOE
Power Ledger introduces new product for management of solar assets
Australia’s p2p energy trading company is launching its new product at a Maddington-based solar plant. The new tracking system is called PPA Vision and is meant for rooftop-mounted PV modules and cross grid power purchase agreement supply arrangements.  The software will allow the 250-kilowatt Western Australian solar array to autonomously manage electricity consumption and generation according to a twenty-year agreement. The blockchain-based system will monitor the power generated, consumed, imported from and exported to electric grid. Such a continuous tracking will help avoid mistakes in calculating revenues. Beside PPA Vision, the environmental attributes product by PL will be utilized at the WA’s solar plant. The product is designed for automated issuance of LGCs and tokenization of them. PPA Vision is extremely flexible, it allows customization to correspond to governmental and local requirements. Municipal authorities or companies, concluding an agreement with green power generators, will be allowed for direct integration with the platform. As for power purchase agreements that operate across network, partnership with power retailers will be required. As well, the solution is accessible for integration with a non-utility generator, asset developer, solar plant owner, or embedded electricity network operator.    Read also: PowerLedger review
Jan 15, 2020 // Technology, Markets & Finance News, Software, pv power plants, Western Australia, Power Ledger
AC Energy begin on 283-MW solar park in the Philippines
of attributable capability in the Philippines, Vietnam, Indonesia, India and Australia, with 80% of the total originating from renewable energy
Nov 8, 2021 // Plants, Asia, Philippines, AC Energy, PV Power Plant, Solar Park
Renesola to Accomplish 200MW Brazil Shipment in 2021
a global sales network. The sales locations cover Asia, South America, Australia, etc In the Brazilian market, Renesola adheres to the localization operation
May 20, 2021 // Manufacturing News, Markets & Finance News, South america, Brazil, renesola, PV market, solar plant, Sky Wang, solar PV module, solar manufacturer
Insight takes full ownership of Queensland solar set
in the Oakey 1 (30MW) and Longreach (17MW) solar farms in Queensland, Australia. The business had actually acquired a 49% risk in each farm in December 2017
Jan 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, solar farm, Foresight Solar Fund Limited
RES lands 200MW PV management deal in Oz
services arrangement for the 200MW Sunraysia solar farm in New South Wales, Australia. Proprietors John Laing [KKR] and also Maoneng delivered the project right
Mar 7, 2022 // Plants, Australia, Oceania, res, grant harris, Oz
Eco Energy World hires new CFO as expansion gathers pace
created 1.3 GW of utility-scale solar PV throughout Europe, the Middle East, Australia and Africa as well as intends to enter the US and also other markets. Last
Apr 7, 2022 // Markets & Finance News, cfo, Eco Energy World, executive appointments, EEW
Juwi merges with wind developer Windwärts Energie
of regarding 3,250 MW, JUWI's PV presence covers markets such as the US, Australia, Italy as well as Japan, among others. The firm secured a deal last year to
Jul 11, 2022 // Markets & Finance News, EPC, wind, m&a, juwi, developer, merger
Photon Energy buys rights to Aussie solar-plus-storage project
plants in operation as well as is establishing some 900 MWp of projects in Australia, Hungary, Poland and also
Nov 21, 2022 // Markets & Finance News, photon energy, solar-plus-storage project