Sun Cable – considered to be the world’s biggest renewable energy export project – announced on Wednesday it had entered voluntary administration following “the absence of alignment” with shareholders.
Energy management software company SwitchDin will share lessons learned during Australia’s ongoing transition to a two-way power grid with counterparts in the United States after teaming with a coalition of companies to scale up the use of virtual power plants.
Australia’s capacity to achieve its renewable energy targets is under a cloud with a report published by the federal government-funded Reliable Affordable Clean Energy for 2030 Cooperative Research Centre warning a shortage of workers could cripple the electricity sector transition.
The benefits of microgrid technologies will be explored by the Queensland government as it seeks to improve the resilience and reliability of electricity supply for remote and regional communities with an initial $10 million (USD 6.8 million) allocated to support the development of a pipeline of microgrid projects across the state.
Federal Energy Minister Chris Bowen has used the official launch of Australian PV panel maker Tindo Solar’s $11 million production and innovation facility in South Australia as an opportunity to highlight the importance of developing a domestic solar panel manufacturing industry.
The Northern Territory government remains upbeat about the future of the $30 billion-plus (USD 20.7 billion) Australia-Asia PowerLink project despite the company behind what would be the world’s biggest solar and energy storage project having abruptly entered voluntary administration.
Philippines-based energy company ACEN Corporation plans to capitalise on Australia’s “unparalleled renewables potential” after securing a $277 million (USD 191 million) loan facility which it says will be accelerate the delivery of an 8 GW clean energy portfolio that includes solar, wind, battery storage and pumped hydro.
Australia’s renewable energy credentials will be showcased on the world stage with Adelaide announced as the host city of the 2024 International Renewable Energy Conference, one of the most prominent events on the global clean energy calendar.
A government-backed incentive scheme established to accelerate the introduction of distributed solar energy storage in the Australian Capital Territory is to be wound up having achieved its target of subsidising the installation of about 5,000 batteries over the past seven years.
A 110 MWp Queensland solar farm that is fully constructed and currently undergoing hold-point testing is one of a trio of PV assets that Greece-based industrial conglomerate Mytilineos has secured finance for as it looks to further establish its position in the Australian renewable energy market.
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