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TRIG lands ₤ 500m debt facility to go after brand-new investments
of loan providers for the RCF consists of existing loan providers National Australia Bank, Royal Bank of Scotland International and also ING and three brand-new
Dec 18, 2020 // Large-Scale, Markets & Finance News, Storage, UK, Europe, TRIG, Helen Mahy CBE
Eindhoven team's family car wins World Solar Challenge
of the Eindhoven University of Technology won the World Solar Challenge in Australia in the cruiser category. This is the fourth year in a row that the Eindhoven
Oct 21, 2019 // Technology, Transport, Australia, World Solar Challenge, Oceania, Eindhoven University of Technology, Twitter, Stella Era, Carijn Mulder
ARENA to fund 200-MW Hydrostor energy storage project in NSW
to supplying power throughout the evening and morning peak-demand durations as Australia looks in the direction of achieving 82% renewable energy by 2030," claimed
Oct 21, 2022 // Markets & Finance News, Storage, ARENA, nsw
Solar 'to include record 200GW' in 2022
to 64% of actions, closely complied with by the US with 62%.
India and also Australia also made the checklist with their ambitious eco-friendly strategies.
Mostly
Feb 17, 2022 // Markets & Finance News, China, Asia, RatedPower
Solar Slump Jeopardizes Australia’s 2030 Green Goals
Australia’s utility-scale clean-energy investment has fallen to its weakest since 2017, jeopardizing the 82% renewable-electricity target for 2030. About 2.5 gigawatts of large projects are expected to reach final investment decision this year, down from 4 gigawatts in 2024, as permitting delays, grid congestion, costs and unstable revenues deter developers.A federal underwriting scheme has yet to unlock the pipeline, with many projects stuck in planning queues. Rooftop solar keeps growing but cannot match utility-scale output. Industry warns Australia is slipping behind countries accelerating builds with stronger incentives and faster grid expansion. Analysts urge transmission upgrades and steadier policy signals.
Will CIS auctions, REZ buildout, and firming contracts restore 2030 renewable trajectory?
Short answer: They can bend the curve upward from 2026, but won’t fully restore the 82% by 2030 trajectory without faster transmission, faster connections, and bigger annual auction volumes; current timelines imply a late-decade commissioning bulge that risks a 2031–33 catch‑up.
CIS auctions
Scale: Expanded target is roughly low‑30s GW total (about three‑quarters variable renewables, one‑quarter dispatchable/firming). If fully awarded and built, it could cover a majority of the remaining VRE and firming gap.
Pace: To land 82% by 2030, the NEM needs ~6–8 GW of utility‑scale VRE per year plus continuous rooftop growth; current CIS auction cadence delivers closer to ~4–6 GW/year unless rounds are upsized and synchronized with state schemes.
Bankability: Revenue floors reduce merchant risk and should unlock FIDs from 2025, but grid access uncertainty still stalls many winners from reaching NTP quickly.
Delivery risk: Award-to-energisation lag (24–42 months) pushes most CIS-backed megawatts into 2027–30, compressing delivery risk into the grid’s tightest years.
REZ buildout
Access schemes help decongest connections and co‑optimise curtailment, but most REZ transmission backbones (e.g., HumeLink, VNI West stages, Central‑West Orana) have energisation dates skewed to 2027–29.
Where REZ early-works and stageable lines proceed (Queensland and parts of Victoria), projects can connect sooner; elsewhere, connection queues and system strength remediation still gate delivery.
Social licence, easements and materials inflation remain the biggest REZ schedule risks; slippage of one to two years would materially dent 2030 output even if auctions succeed.
Firming contracts
Batteries: Multi‑gigawatt award rounds in NSW, Vic, Qld and the federal CIS are accelerating 2–4 hour batteries; these can be built within 18–30 months once contracted, supporting a 2027–29 ramp.
Long-duration: Pumped hydro timelines (late‑decade) and supply-chain constraints limit >6‑hour coverage this decade; bridging support will rely on batteries plus demand response and some gas peaking.
Adequacy: Hitting reliability settings likely requires roughly 8–10 GW/30–40 GWh new firming by 2030; awarded and near‑FID capacity covers a large share but not all, particularly in SA/Vic/VNI import hours
What must change to make it decisive
Front‑load CIS volumes in 2025–26 and align with state tenders to hit 7–8 GW VRE awards per year.
Lock in cost‑recovery frameworks for priority transmission and accelerate contested works with early contractor involvement.
Streamline connection studies (single‑touch modeling, firm access trials in REZs) and standardize grid‑forming specs.
Expand demand-side and capacity-style firming procurements to backfill long-duration gaps and derisk 2028–30 summers.
Bottom line: CIS auctions, REZ buildout, and firming contracts can materially improve the outlook and avert further slippage, but on current schedules they are more likely to stabilize the trajectory than fully restore an 82% outcome by 2030 unless volumes are increased and transmission/connection bottlenecks are cleared in the next 12–18 months.
Dec 1, 2025 // Markets & Finance News, Grids, clean energy, Australia, Oceania, investment, wind power
Origin Energy Advances 700-MWh Battery Project in NSW
solutions that could serve as a model for future energy storage systems across Australia and internationally.
Investment in Energy Infrastructure: The substantial
Nov 21, 2024 // Storage, Origin Energy, nsw
RWE starts up German solar-storage plant
panels.
Katja Wünschel, CEO Onshore Wind and also Solar Europe & Australia of RWE Renewables, stated: "With the RWE indeland solar park, we are making a
Dec 20, 2022 // Plants, Storage, Germany, Europe, rwe, Katja Wünschel, Lars Kulik
RWE turns sod on 92MW Spanish solar
Chief Executive Officer of Onshore Wind as well as Solar Europe & Australia, RWE Renewables, claimed: "The expansion of our Spanish solar company has
Feb 2, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, rwe, PV Power Plant, Katja Wünschel
Matrix Renewables completes Californian solar, storage sites
center given by MUFG, HSBC, National Bank of Canada and Commonwealth Bank of Australia.
Handling director as well as head people for Matrix Renewables Cindy Tindell
May 17, 2023 // Plants, Storage, California, USA, North America, PV Power Plant, Matrix Renewables
Pacific Green Secures $50 Million Loan For Australian Storage Projects
million (about USD 50 million) in debt financing to speed development of its Australian energy-storage portfolio. The facility will help the company advance a 7-GWh
Aug 26, 2025 // Storage, Battery Storage, Australia, Oceania, Pacific Green, project finance, hybrid project
RWE, PPC Launch 280 MW Solar in Greece
built by Meton Energy SA, a joint venture between RWE Renewables Europe & Australia and PPC Renewables, and is expected to be operational by the end of 2021. PPC
Aug 2, 2023 // Plants, Markets & Finance News, Greece, Europe, rwe, PV Power Plant, PPC
HASI, Summit Ridge Double Down on 250MW Community Solar
by HASI and Summit Ridge, are located in the Mid West region of Western Australia.
Each solar farm will comprise of over 600,000 solar panels and will have the
Aug 30, 2023 // Markets & Finance News, USA, North America, Maryland, Illinois, solar projects, summit ridge energy, HASI
GenusPlus Secures AUD 90M in WA Battery Project
at the 200-MW/800-MWh Kwinana Battery Stage Two (KBESS2) project in Western Australia. The project includes the installation and commissioning of almost 300 battery
Nov 29, 2023 // Storage, Australia, Oceania, GenusPlus
Tilt Turns Cornerstone of Latrobe Valley's BESS
in early 2025. This is the first privately-funded energy storage scheme in Australia.
What Benefits Will Tilt Renewables' 100-MW/200-MWh BESS Bring?
Improved
Dec 11, 2023 // Storage, Australia, Oceania, Tilt Renewables
Solar Project Dismantled: Taxpayer Funds Wasted?
world's largest solar and battery project, located in Western Australia and partially funded by federal taxpayers, is set to be dismantled in 2024, seven years
Jan 2, 2024 // Plants, Large-Scale, Commercial, Australia, Oceania, PV Power Plant












