Vast Renewables has unlocked $30 million of federal government funding which it says will help ramp up manufacturing capacity for its concentrated solar thermal technology and advance construction plans for its first large-scale solar thermal project.
Australia is on track to reach the Albanese government’s 43% emissions reduction target by 2030, according to the most recent analysis by the Climate Change department.
Renewables developer Engie has signed a “virtual battery” deal with fellow French company Neoen that will allow it access to the 40 MW of the Victoria Big Battery.
The New South Wales clean energy transition is ramping up with the state government providing planning approval for a second 2 GWh battery energy storage system in as many days.
The 300 MW Walla Walla Solar Farm in southern New South Wales, hailed as one of the state’s biggest, has begun generating power less than two years after Fotowatio Renewable Ventures Australia reached financial close on the project.
CSIRO spin out FPR Energy has secured $15 million in seed funding to commercialise concentrated solar thermal technology that lends itself to long-duration energy storage for industrial processes, green fuel production and dispatchable power.
A mega 70 GW wind and solar project planned for the far southeast of Western Australia is to face close scrutiny with the state’s environmental watchdog confirming the estimated $100 billion project will undergo a public review.
AGL has secured state planning approval to build a 500 MW battery with four hours of dispatchable capacity near Newcastle on the New South Wales Central Coast.
The Australian government will introduce legislation to implement production tax incentives for green hydrogen and critical minerals to help boost investment in the sector.
Australian-listed battery materials and technology company Novonix has inked an offtake agreement for at least 32,000 tonnes of its synthetic graphite anode material with the battery manufacturing arm of global carmaker Volkswagen.
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