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Restoring trust and confidence to our electricity markets

The recent challenges for the east coast energy market have put a significant spotlight on energy security, reliability, and affordability in Australia.

Stanwell plans 2.9 GWh big battery next to coal unit

Queensland government-owned energy generator Stanwell has revealed plans to a build a massive 1.45 GW/2.9 GWh battery storage system alongside the coal-fired Stanwell Power Station in central Queensland as the state government looks to ramp up energy storage capacity to support the transition to renewables.

Liontown gives $545 million lithium project go-ahead after locking in Ford offtake deal

Australian miner Liontown Resources has declared the way is now clear for construction to commence on its $545 million Kathleen Valley Lithium Project in Western Australia after inking an offtake agreement and $300 million financing facility with global car manufacturing giant Ford Motor Company.

Australian researchers reveal improvements for solar window technology

A team of Australian scientists has declared the prospect of buildings, particularly those with glass facades, becoming close to self-powering is a step closer to realisation after developing a 15.5% efficient semi-transparent solar cell which allows more than 20% of visible light through.

OpenSolar gives installers access to new loans facility

Australian software company OpenSolar has expanded its partnership with fintech lender Plenti Group to give Australian solar installers the option to offer customers access to zero-interest payment plans in a bid “to make solar accessible to more people as quickly as possible”.

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PwC launches sector-specific advisory unit

With new modelling by PricewaterhouseCoopers Australia revealing that businesses will spend $3.7 billion on advisory services supporting their transition to a clean economy by 2030, the firm has launched a new unit designed to help facilitate the nation’s successful transition to a decarbonised economy.

Coal plant closures adds sense of urgency to energy transition

The quickening exit of coal-fired generation from Australia’s energy mix – with 60% of capacity expected to be withdrawn from the National Electricity Market by 2030 – has emphasised the need for significant investment in renewable energy generation, storage, transmission, and system services.

Iberdrola reaches golden milestone at Avonlie Solar Farm

The Australian arm of Spanish energy giant Iberdrola has broken ground on its 190 MW Avonlie Solar Farm with the ‘golden rows’ of solar panels installed at the project being developed in the New South Wales Riverina region.

Canadian fund manager snaps up stake in AGL Energy

Australian energy giant AGL Energy has revealed that Canadian fund manager Brookfield Asset Management has acquired a more than 2.5% stake in the power producer, renewing speculation it may mount a fresh tilt to take over the company.

AEMO reveals new roadmap for rapid switch to renewables

The Australian Energy Market Operator has declared approximately $12.7 billion of investment in new transmission lines should begin “as urgently as possible” to accelerate the transition to renewable energy and energy storage, replace exiting coal-fired power plants, and deliver a more efficient and effective grid in eastern and south-eastern Australia.

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