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FRV indicators 90MW PPA with Australia's Snowy Hydro
FRV to supply PV power created from the 90MW Sebastopol Solar Farm in the Australian state of New South Wales, Australia. The 90MW plant, situated 16km
Mar 19, 2020 // Plants, Large-Scale, Commercial, Australia, Oceania, frv, fotowatio, Carlo Frigerio, Paul Broad, snowy hydro
Roof PV is Australia's Second Largest Generator Now, says AEC
14.7 GW rooftop solar is currently the second biggest generator by capacity in Australia, according to the Australian Energy Council's (AEC) latest Quarterly
Aug 6, 2021 // Rooftop PV, Australia, Oceania, Sarah McNamara, Australian Energy Council, AEC
Coles signs PPA for three solar farms in Australia
Australian supermarket behemoth Coles has agreed to procure power from three utility-scale solar projects that Terrain Solar plans to build in the Australian state of New South Wales. The installations will be operated by Greek EPC Metka EGN. Under a 10-year power purchase agreement, Coles will buy more than 70% of the 220 GWh of clean power that will be annually generated by the plants. The deal will cover 10% of the retailer’s national electricity usage. Earlier this year, Metka EGN – a London-based EPC contractor that operates as a subsidiary of Greek industrial conglomerate Mytilineos Holdings S.A. – announced plans to enter the Australian solar market with the acquisition of a 260 MW solar portfolio. The portfolio includes six projects in New South Wales and Queensland, with each likely to be between 30 MW and 50 MW in size, once they are constructed. Without naming the developer, Metka EGN said that project development was at an advanced stage, with construction of 169 MW expected to begin by the end of 2019. According to Coles, construction on the projects located outside the regional centers of Wagga Wagga, Corowa and Junee is scheduled to begin as soon as next month. The plants are expected to start supplying power to the grid by July 2020. “Terrain Solar is incredibly proud of this landmark agreement that will underpin the construction of three new renewable energy plants in regional New South Wales” said Terrain Solar Chairman David Griffin. Renewable energy is a major part of the supermarket chain’s commitment to becoming the most sustainable groceries group in Australia.“With this agreement, Coles can make a significant contribution to the growth of the renewable energy supply in Australia, as well as to the communities we serve,” Coles Group CEO Steven Cain said. Touted as the first major Australian retailer to commit to buying renewable energy through a PPA, Coles is also working with property partners to increase on-site renewable generation at its stores and distribution centres. “We plan to install solar panels on another 38 stores this financial year and we will be working with our landlords and property developers to identify further locations suitable for on-site solar power generation,” Coles Chief Property and Export Officer Thinus Keeve said. Corporate PPAs The Coles PPA announcement comes hot off the heels of Molycop Australia’s long-term offtake deal with electricity retailer Flow Power for 100,000 MWh of solar and wind power. This week’s deals join a growing pool of corporate PPAs in Australia, including the largest solar PPA to date, between steel giant Bluescope Steel and ESCO Pacific, for 88 MW. Other notable corporate PPAs have been recently signed by Simec Zen Energy, Australian brewer CUB, and the University of New South Wales, which is trying to become 100% powered by solar. Innovative PPAs and services for C&I customers have emerged at pace with a number of flexible new solar PV contract models and services. One of the new corporate PPA vehicles is Australia’s first-ever marketplace to connect buyers and developers, the Business Renewables Centre of Australia, which launched an online members’ portal in March, with 7 GW of solar and wind on offer. Saving on electricity bills is a key priority for Australian commercial and industrial energy customers. As shown by figures that Flow Power revealed in May, its high-use energy customers collectively saved AUD 15.4 million ($10.4 million) by sourcing electricity from 254 MW of committed projects in its 440 MW renewables portfolio. Globally, corporate PPAs are tipped to smash last year’s record. Up to July of this year, PPAs were signed for 8.6 GW of clean energy, with the United States accounting for 69% of the deals, according to BloombergNEF’s H2 corporate energy market outlook report.
Aug 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, Molycop, Metka EGN, Coles, Terrain Solar, Mytilineos Holdings, Chairman David, Steven Cain, Thinus Keeve, Simec Zen Energy
Naturgy purchases 125-MW solar-BESS hybrid project in W Australia
operation in the initial months of 2024. The centers will be hooked to Western Australia's South West Interconnected System, the utility claimed. Naturgy will build
Sep 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, Naturgy, hybrid project
Australia commits to greater 2030 emissions reduction target
grid so it can take care of more eco-friendly power, while Labor's Powering Australia plan targets 26GW of mounted renewables capacity by 2030, raising general
Jun 16, 2022 // Plants, Markets & Finance News, Grids, Policy, Australia, AEMO, Oceania, policy, Emissions, climate targets, Anthony Albanese
Iberdrola Partners with ABEL Energy for EUR 1.1 Bn Green Hydrogen Project in Australia
Australia and hydrogen designer ABEL Energy have integrated to develop a green hydrogen as well as green methanol manufacturing plant at Bell Bay, Tasmania.
Dec 20, 2022 // Solar to Fuel, Iberdrola, green hydrogen, Ross Rolfe, ABEL Energy, Bell Bay Powerfuels, green methanol, Michael van Baarle
ReneSola, ProSun Solar Ink 150 MW Distribution Pact in Australia
CEO of ReneSola Yixing Co. Ltd, a business in Jiangsu Province, claimed that "Australian solar market is in fact expanding remarkably. We have actually currently
May 6, 2020 // Markets & Finance News, Australia, Oceania, renesola, Sky Wang, Prosun Solar, Krishan Sharma
Lightsource BP closes financing on first utility-scale Australia project, boasts bifacial prominence
financing agreements to develop its maiden utility-scale solar project in Australia.   The BP-backed developer has agreed a senior debt facility with Dutch
Oct 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, Australia, pv power plants, solar pv, bifacial, Lightsource BP, Adam Pegg, Oceania, finance
Amp Energy indicators land deal for 388-MW solar project in S Australia
Power Australia Pty Limited and EPS Energy, from which Amp acquired the portfolio of projects in May, have become part of a contract for lease with the Barngarla
Aug 31, 2021 // Plants, Large-Scale, Commercial, Australia, Oceania, PV Power Plant, AMP Energy, Solar Project
Western Australia financing feasibility research study for state's largest battery project
for Regional Development Alannah MacTiernan claimed would assist Western Australia's shift far from coal. The BESS, planned for construction in the town of
Apr 6, 2022 // Markets & Finance News, Storage, Western Australia
Australia's H2 Trade May be Worth US$ 90 billion in 2050: WoodMac
Australia prices continually in the leading tiers for solar irradiance as well as has vast capacity for largescale carbon capture as well as storage space (CCS). It has actually showed the world the course forward with its stationary battery storage space flexibility at the much-vaunted Hornsdale power reserve facility as well as has actually moved quickly to capitalise on low-carbon hydrogen production. With an expanding project pipe, gauged at 2.94 gigawatts (GW) of named eco-friendly hydrogen electrolyser ability as of 2020, Australia is currently the globe's second largest proprietor of hydrogen projects after the Netherlands. Simply this year alone, Australia's pipeline of advanced and also early stage project advancements has actually expanded a more 45% to 4.25 GW. Talking at the APPEA seminar today, Wood Mackenzie Head of Markets and Transitions, Prakash Sharma claimed: "Australia's key export markets-- Japan, South Korea, China, India as well as Europe-- are large carbon emitters and web importers of natural deposits. Their import demands have progressively raised in the past twenty years and currently typical at more than 70% of their overall power need. As these countries increase environment ambitions, they will require to source clean energy to decarbonise steel, chemicals, concrete, sturdy movement, shipping as well as power generation. " In a net-zero emissions globe, a steady and also reliable source of low-carbon hydrogen supply comes to be crucial since it is difficult to inform how a given molecule of hydrogen has actually been generated. An assurance of beginning is for that reason critical to allow for very little environmental influence, i.e., carbon leakage. Specification also help with danger analysis and also clear market pricing. Australia stands to profit as regulations of hydrogen delivery, transport, storage as well as item quality are set as well as approved globally. " Australia's share in the around the world traded market for low-carbon hydrogen or its by-products can reach 25-45 million tonnes (Mt) by 2050, equivalent to US$ 50 to US$ 90 billion in potential export profits." Price competition continues to be an irritating factor; nevertheless, Wood Mackenzie believes there are pathways to competition for end-user sectors. Price reductions will be mostly driven by large-scale, automatic production of electrolysers, an increase in system size and also a decrease in eco-friendly power expenses. The difficulty is figuring out the very best transportation approach for Australia's export supply chains. All three types of seaborne transport under consideration, liquid hydrogen (LH2), liquid organic hydrogen providers (LOHC) and also ammonia (NH3) have advantages and also challenges. The effective service provider selection depends on the end-use, purity and storage needs. As an example, LH2 is chosen if the end-use needs liquid or high-purity hydrogen such as flexibility applications. On the other hand, ammonia gains where it can be used straight as a feedstock preventing the cost of breaking NH3 back into hydrogen. Sharma said: "Our exclusive hydrogen setting you back as well as energy change circumstance modelling show Australia's hydrogen supplied prices can drop below US$ 2/kg longer-term, making it competitive in all end-use cases in crucial markets of northeast Asia. " We estimate ammonia would be the very first hydrogen-carrier in the export market helped with by Australia from mid-2020s. Low-carbon hydrogen demand in Japan as well as Korea gets to 30 Mt in 2050 with ammonia taking one-third market share on this path." Although there is no expedition danger to eco-friendly hydrogen manufacturing, the export supply chain-- storage space, compression, transportation, decompression-- is currently made complex and incipient. The size of the reward for Australia depends on the rate as well as range at which global hydrogen market creates; the variety is large 73-- 145 Mt in 2050 and the opportunities are aplenty. Sharma stated: "Our team believe Australia can get over hydrogen's logistical challenge like it successfully carried out in coal seam gas to LNG projects, automated trucks and remote-control mining procedures as well as large-scale CCS releases. Leveraging experience from hydrogen pilot programmes and greater investment in r & d, regular government support, collaborations and offtake arrangements from Japanese as well as Korean firms would be vital. " This is a lifetime possibility for Australia to harness its renewable resource resources as well as end up being a leading player in the zero-carbon energy trade. It would certainly be difficult for huge Oriental economies to reach climate goals without clean power products from Australia."
Jun 17, 2021 // Markets & Finance News, Storage, Solar to Fuel, Wood Mackenzie, Australia, Oceania, Low Carbon Hydrogen Trade, Net-Zero Emissions, Prakash Sharma
LONGi lands maiden CEC enhanced standards pre-qualification as Hi-Mo X launches in Australia
celebrated the launch of its new Hi-Mo X module in Australia this week, clinching the industry’s first Clean Energy Council (CEC) enhanced standards
Aug 16, 2019 // Manufacturing News, Australia, LONGi, Hi-Mo X module, Clean Energy Council, mono perc
U.S.A.'s FTC Solar to Supply Solar Tracker Solution to Australia's Hybrid Project
128 MW Cunderdin Hybrid PV Solar as well as Energy Storage Project in Western Australia. FTC Solar asserts to be a leading global service provider of solar tracker
Oct 4, 2022 // Manufacturing News, Markets & Finance News, ftc solar, global power generation, solar tracker systems, large-scale photovoltaic, Patrick Cook, Pedro Serrano, Voyager solar tracker technology
AGL & Wärtsilä to Build 250MW Grid-scale BESS in South Australia
Australian integrated energy business, AGL Energy Ltd. will construct a 250 MW grid-scale battery energy storage system at Torrens Islands in South Australia. The firm has actually revealed an investment of $180 million to build its first grid-scale BESS project and also the 2nd greatest in Australia. AGL has selected Finnish innovation major in marine and energy markets, Wärtsilä to supply a battery energy storage system (BESS) for stabilizing the supply of energy from eco-friendly sources, thus preserving security as well as reliability of the grid. Wärtsilä system will run initially in grid-following mode prior to switching at a later day to grid-forming setting (online simultaneous generation-- VSG), making it the biggest energy storage space remedy capable of operating in this setting. The facility remedy is supported by Wärtsilä's innovative GEMS Nuclear power plant Controller as well as energy management software, according to the firm. The Torrens Island grid-scale battery will support the growth of intermittent renewable resource in South Australia as well as will certainly be the initial to start building and construction within AGL's intended 850MW nationwide battery roll-out. The storage space period of the 250MW battery will originally be for one hour (250 MWh), with space for growth of approximately four hours (1000 MWh). The construction is anticipated to commence by the end of 2021. Mentioning the project, the CEO of AGL, Mr. Markus Brokhof stated, "We are delighted to see our grid-scale energy storage intends reviving, and deal with Wärtsilä, a company with a leading position and an impressive record in energy storage space technology, as a project partner." This grid-scale battery will certainly sustain South Australia's energy shift, supplying necessary ability when renewable generation is impacted and also throughout durations of high demand, demonstrating once more that AGL is taking a leading role in reshaping the energy future. In addition to sustaining the state's energy change, we approximate up to 50 regional tasks during the height of the building and construction stage, along with the 400 staff members currently operating at our South Australian sites," Markus included. Wärtsilä has earlier provided a 211 MW power plant for AGL, the Barker Inlet Power plant, additionally located on Torrens Island. "This is a spots project, and also we are proud to have actually been selected as the ESS supplier. Renewable generation is growing rapidly in South Australia, and the flexibility of our modern technology and also the internal experience we bring, can together contribute in maintaining a reputable and budget friendly power supply for South Australian consumers-- both home as well as business-- for many years to find," stated Mr. Sushil Purohit, President, Wärtsilä Energy.
Aug 9, 2021 // Storage, Australia, AGL Energy, Oceania, Markus Brokhof, sushil purohit, Torrens Islands, Wärtsilä Energy Solutions
Ace Power Secures Grid-Connection Approvals for 303 MW of BESS in Australia
Australian renewable energy developer ACE Power has received grid-connection approvals from the Australian Energy Market Operator (AEMO) for two battery energy storage systems (BESS) with a combined capacity of 303 MW. The approvals are for the 103 MW Kerang battery in Victoria and the 200 MW Yabulu battery in Queensland. Both facilities will connect to the transmission network through existing substations at the respective sites. ACE Power plans to begin construction on the projects in the second quarter of this year.ACE Power owns a pipeline of over 6 GWp of wind, solar, and energy storage projects in Australia, with 1.2 GWp dedicated to battery schemes. These approvals mark an important milestone for the company as they are among the earliest nationwide for BESS to operate in grid forming mode from the date of commissioning. What are the grid-connection approvals received by ACE Power for their battery energy storage systems? ACE Power has received grid-connection approvals for their battery energy storage systems. The approvals cover multiple projects located in various regions. One of the approved projects is a 50-MW battery energy storage system in New South Wales, Australia. Another approved project is a 30-MW battery energy storage system in Queensland, Australia. ACE Power's battery energy storage systems will contribute to stabilizing the grid and reducing the occurrence of blackouts. The systems will also enable the integration of renewable energy sources and provide real-time access to 100% renewable energy for customers. Construction for the approved projects is expected to begin in the next two years, with the battery systems becoming operational shortly after.
Jan 26, 2024 // Storage, Australia, Oceania, BESS, ACE Power