The Northern Territory government has committed $12 million (USD 8.05 million) in its latest budget to accelerate the development of a “sustainable” industrial hub that will be largely powered by renewables as it looks to continue the overhaul of its electricity system.

It sounds like a lot. Kickstarting green hydrogen in Australia with $2 billion (USD 1.35 billion) to subsidise early production and making the energy-dense gas competitive. A goal of up to a gigawatt of electrolyser capacity within seven years.

The West Australian government will plough almost $3 billion (USD 2.03 billion) into renewable energy generation, storage and transmission projects with modelling revealing more than 50 GW of new generation and storage capacity will be required in the state’s main electricity grid within the next 20 years.

Australia’s largest rail infrastructure project, the 1,700-kilometre Melbourne – Brisbane Inland Rail freight line, has made the switch to solar to power its signalling systems with the move expected to deliver an estimated $25 million (USD 16.93 million) in cost savings.

There were an estimated 100 million individual solar panels in Australia at the end of 2022. We estimate this number will likely grow to over 2 billion if we are to meet Australia’s 2050 net-zero emissions target. This growth means Australia is facing a 450,000-tonne mountain of used PV panels by 2040.

Construction of the South Australian section of the $2.3 billion (USD 1.56 billion) EnergyConnect infrastructure project, which will link power grids across three states, is now more than 50% complete with ElectraNet announcing the high-voltage interconnector is on track for release of full power transfer capability by mid-2026.

Australia is at risk of over-mining key transition minerals by relying on “overblown” demand assumptions, according to a new report which warns policy steps to encourage responsible and sustainable use of critical minerals, such as improved battery recycling, are being ignored.

Chinese solar and storage technology manufacturer Sungrow has strengthened its commitment in Australia, inking new distribution agreements that will deliver at least 550 MWh of the company’s energy storage system solutions and 250 MW of its inverters into the Australian market.

A new national authority to help plan and coordinate Australia’s transition from fossil fuel production and associated industries to a renewables dominated economy has been unveiled ahead of next week’s Federal Budget.

The Australian Energy Market Commission says the regulatory process for new transmission network projects must be overhauled to strengthen social licence and speed up the multi-billion-dollar expansion of the grid that is critical to the transition from coal to renewables.