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The Australian Renewable Energy Agency (ARENA) has today revealed USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the growth of a major Victorian Distributed Energy Resources (DER) Marketplace trial called Project EDGE (Energy Demand and Generation Exchange).

International investment company, The Carlyle Group has actually announced its development investment in Amp Solar Group (Amp Energy), a power change system firm, with a financial investment of USD 374 million.

Australia based incorporated crucial provider AGL energy has actually revealed that the construction of a 250 megawatt (MW), one-hour period grid-scale battery at Torrens Island will certainly begin this year, following AGL's last financial investment choice (FID) on the project.

Mining gigantic Fortescue is to partner with Australian energy major AGL Energy to take a look at the potential of repurposing tradition coal properties for renewables-powered green hydrogen centers.

Russia's intrusion of Ukraine implies that ensuring security of energy supply via the expansion of renewables ought to be a priority for policymakers, according to the CEO of German utility RWE.

Australian electrolyser manufacturer Hysata claims its electrolyser technology can enable hydrogen production costs to fall below US$ 1.5/ kg by the mid-2020s.

CS Energy will certainly start the building of BESS later on this year as well as the facility will certainly be functional by the end of 2023. The project will set you back A$ 150 million as well as it will certainly be a part of a larger energy center being established at coal-based Kogan Creek Power Station.

The impact of solar source variability on numerous key global PV markets consisting of India, Australia as well as The United States And Canada has actually been exposed by a decade of evaluation from solar irradiance working as a consultant Solargis that illustrates "significant deviations from long-lasting standards".

Photon Energy NV (WSE: PEN) has boosted its 2021/2027 green bond to a total amount of EUR 80 million (USD 86.7 m), the Amsterdam-based solar power producer stated on Tuesday.

Britain's Octopus Energy is driving deeper right into the Asia-Pacific energy market, announcing intend on Thursday to invest GBP 1.5 billion (USD 1.9 bn/EUR 1.7 bn) in the area by 2027.

Matrix Renewables energised its California-located Gaskell West 2 as well as 3 solar parks amounting to 143 MW DC and also finished the funding components for both projects.

EDPR is boosting its growth with new projects worldwide. Learn about their plan to reinvest the proceeds and how it will benefit their future success.

Amazon.com's dedication to get to 80% renewable resource by 2024 and also 100% renewable resource by 2030 is still on course, with the business introducing 5 brand-new projects in China, Australia and also the United States.

PV overtakes fossil fuel for very first time in two decades

New Zealand-based framework financier Infratil Ltd (NZE: IFT) revealed today it is devoting USD 233 million (EUR 197m) to create its fourth renewable resource advancement platform-- Gurin Energy.