Australian modular solar manufacturer 5B has secured a $20 million (USD 13.7 million) investment from the venture arm of British energy giant bp which will allow it to accelerate the development of its preassembled and relocatable modular solar technology.
Renewable energy developer Lightsource bp will begin full construction activities on two large-scale solar projects with a combined installed capacity of 515 MWdc in Australia after successfully closing a $540 million (USD 365 million) financing package.
Another of the coordinated clean energy zones planned for New South Wales is a step closer to being developed with the state government announcing the Hunter-Central Coast Renewable Energy Zone, which has already attracted expressions of interest for almost 40 GW of generation, has been formally declared.
Australian technology start-up Infravision will team with New South Wales network operator Transgrid in a trial of a “next generation” line-monitoring system designed to optimise the performance of existing electrical transmission infrastructure and support the roll out of more renewable energy.
New South Wales network operator Ausgrid has signed an agreement with Simply Energy which will see the Melbourne-based energy retailer operate the electricity distribution company’s three community batteries in the National Energy Market.
Australia’s national science agency has urged the government to develop a domestic solar manufacturing industry with a new report warning that the current highly concentrated international silicon and PV cell supply chains pose real risks to the nation’s energy security and independence.
With construction having commenced on the 39 MWdc second stage of the Mannum Solar Farm in South Australia, Epic Energy has revealed it is teaming with development partner Canadian Solar to investigate further expansion opportunities at the site, including the possible installation of a battery energy storage system.
Australia’s energy ministers have unanimously agreed to establish a capacity investment mechanism that they anticipate will unleash at least $10 billion (USD 6.7 billion) worth of investment and at least 6 GW of renewable energy generation and storage to stabilise the grid as the nation’s ageing coal-fired power plants exit the energy market.
Construction has officially commenced on Western Australia’s first pumped hydro project but the state government has indicated it won’t be the last, hinting that the 1.5 MW renewables microgrid being built at Walpole could serve as a blueprint for the roll out of similar projects both nationally and overseas.
Researchers from the University of Sydney have created a new sodium-sulphur battery which they say provides four times the energy capacity of lithium-ion batteries and is far cheaper to produce, providing the potential to dramatically reduce energy storage costs.
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