Ongoing grid connection issues and concerns about Australia’s unpredictable regulatory and policy environment have been identified as the key culprits with a new report revealing investor confidence in the nation’s renewable energy sector has slumped to a five-year low.
Adelaide-based module maker Tindo Solar has notched a win for the Australian manufacturing sector, delivering the panels for a $2.4 million solar PV and battery energy storage program rolled out by the Queensland government.
The founders of Queensland-based start-up EVOS are confident Australia’s sluggish uptake of electric vehicles will continue to gather pace as they prepare to commercialise their charging and energy management software platform after securing $1.7 million in seed funding.
The small town of Yackandandah in northeast Victoria is one step closer to being powered by 100% renewable energy with the state’s first behind-the-meter, community-owned solar PV and battery energy storage system the latest addition to its community’s energy generation strategy.
Proponents of CopperString 2.0, a proposed 1,100-kilometre high-voltage transmission line set to connect Queensland’s northwest to the National Electricity Market (NEM), have declared the project is expected to be “shovel ready” within three months.
AGL Energy will shut down the first of four gas-fired 200 MW units at its Torrens Island ‘B’ Power Station in South Australia within three months as it looks to navigate “challenging” market conditions prompted by the ongoing penetration of renewables into the energy grid.
New modelling by researchers at Monash University has found the cost of green hydrogen produced using solar PV could satisfy the Australian Government’s economic stretch goal of $2 per kilogram by as early as 2030.
Australian renewable energy developer Maoneng has lodged plans to construct a ‘critical’ 225 MW/450 MWh utility scale battery energy storage system at Gould Creek in South Australia.
The Australian Energy Regulator says maintaining a reliable energy supply shapes as a “pivotal challenge” with the nation’s record take-up of rooftop solar PV and investment in large-scale renewables transforming the way the energy market operates.
A decision about the controversial two-way pricing reform proposed by the Australian Energy Market Commission has been delayed with the rule maker extending the publication date for its final report on how to integrate new energy technologies like solar PV and batteries into Australia’s electricity grid.
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