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Queensland’s publicly-owned battery rollout sees next town selected for 8 MWh install

Queensland is continuing its rollout of publicly-owned batteries, announcing the town of Emerald in its Central Highlands Region will soon host a 4 MW / 8 MWh battery. While the announcement doesn’t make reference to buzz term ‘community batteries,’ it seems the state is effectively rolling out a storage fleet to deliver on the promises of the concept.

Investment ‘boom’ in Australia sees utility-scale jump 50%, puts targets within reach

New investment in solar and wind hit a record 7.1 GW in Australia in 2022, with the Clean Energy Regulator reporting a 50% increase in large-scale projects reaching final investment decision compared to 2021. In total, 5.3 GW of new renewable energy capacity was added to the grid in 2022, according to the Regulator’s State of Renewables report.

German outfit brings own solar panel brand to Australia

German startup 1Komma5 has started production on its own solar modules, which are expected to hit Australian shores “imminently,” Chris Williams, CEO of its APAC arm, told pv magazine Australia. The company has just signed a polysilicon contract with fellow German company Wacker, a step towards addressing issues around unethical labour and embedded emissions in solar’s supply chain.

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Green loans spike as government supports new home loan program

The Bendigo Bank has reported a massive 600% spike in customers accessing green loans in the last year. The news comes just after the federal government’s green bank paired up with the Commonwealth Bank to begin offering builders and renovators working to high energy efficiency standards reduced rates on their home loans.

Next acquisitions for Octopus Australia’s new investment platforms revealed

The investment platforms from Octopus Investments Australia are set to acquire three new projects in the coming months in Queensland, Victoria, and New South Wales. Launched in 2022, the OREO and OASIS platforms “allow wholesale investors and mums and dads to invest alongside big institutional investors and get access to big projects in Australia,” Managing Director Sam Reynolds told pv magazine Australia.

Locally built hydrogen tow trucks to be hauling in Victoria from this year

Hydrogen truck maker Hyzon has launched what is being hailed as Australia’s first locally designed and built hydrogen-powered truck at its regional headquarters in Melbourne. The 27-tonne truck is hitting Australian roads in a series of commercial trials this year, including as part of a longterm partnership with RACV, which has ordered three tow trucks.

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Australia singled out as key investment market for Asian majors

Executives from Gentari, the clean energy subsidiary of Malaysia’s state-owned oil company Petronas, and Japan’s biggest steelmaker, Nippon Steel, are eying Australia for future investments in renewables projects and green-steel manufacturing.

South Australian miner to lodge application for critical rare earth mine

Australian mining company Australian Rare Earths is moving forward with plans to apply for a licence to mine rare earths in South Australia’s southeast as part of its flagship Koppamurra project.

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Utility-scale solar powered February, NSW crowned top renewable generator

Australia’s utility-scale solar sector had its third highest month on record in February, generating 1,463 GWh. New South Wales was the country’s top generator, showing the state’s colossal coal turnaround is well underway.

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Queensland’s $5 billion CopperString purchase to unlock 6 GW of renewables

The Queensland government will acquire the $5 billion (USD 3.37 billion) CopperString transmission line project which is set to unlock 6 GW of renewable energy resources and connect Queensland’s North West Minerals Province to Australia’s national grid. The shovel-ready project, many years in the making, is hailed as the biggest expansion to Australia’s energy grid in decades.

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