In Australia’s electricity system, more and more energy from sunlight and wind is being “spilled” – or not converted to electricity. In the past year, the amount of renewable energy spilled was roughly equivalent to the annual consumption of 750,000 typical households, or three months of consumption for the state of South Australia. Some have attributed these dynamics as being driven by a “solar power glut”.
Social licence commitments have been prioritised over commercial operation dates in the guidelines for Australia’s first national renewable electricity generation tender that is seeking to deliver 6 GW of renewable capacity across the National Electricity Market.
Australian infrastructure asset manager Palisade Investment Partners has secured $258 million in new debt financing to back the further expansion of its gigawatt-scale renewable energy platform.
A solar-powered microgrid has been launched in the Victorian town of Monbulk as part of a $7.5 million state government program designed to better protect communities in fire and storm-prone areas against prolonged blackouts caused by extreme weather events.
Construction of Australia’s largest energy transmission project is progressing with Transgrid announcing that the first of four lines has been completed as part of the 900-kilometre EnergyConnect infrastructure project that will link power grids across three states.
The federal government has been urged to pick up the pace after the Clean Energy Finance Corporation opened the purse strings on a $1 billion fund that is to support cheaper finance for rooftop solar, home batteries and other energy efficiency upgrades for Australian homes.
Australian renewable gen-tailer Zen Energy has officially broken ground on its first utility-scale battery project, the 111 MW / 290 MWh Templers energy storage system being built near Gawler in South Australia.
The 2024-25 Federal Budget had been eagerly anticipated, with expectations high for significant support towards green energy initiatives and green industry players.
Australian miner Evolution Mining is moving on a $7 billion plan to build a 2 GW / 20 GWh pumped hydro electricity generation facility in the pit of a 20-year-old gold mine in southeast Queensland.
Australian battery technology startup Relectrify plans to scale up the adoption of its cell-level battery control technology by international manufacturers of grid-scale and commercial and industrial battery energy storage systems after closing a multi-million dollar round of funding.
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