The Brookfield-led consortium looking to acquire Origin Energy has come back with a “best and final” bid that values the company at approximately $20 billion (USD 12.85 billion). The offer comes just days after the energy utility’s largest shareholder rejected the previous bid.
Australian battery and renewable energy developer Akaysha Energy said construction of its 150 MW/300 MWh Ulinda Park big battery planned for Queensland’s Western Downs region will commence in the coming weeks with the company having now reached a final investment decision on the project.
Asset management company Sosteneo Infrastructure Partners has made its first foray into the Australian renewable energy market, purchasing the 185 MW/370 MWh Koorangie Energy Storage System in northern Victoria from Edify Energy.
Australian hydrogen technology company Star Scientific has inked an agreement to establish a joint research and manufacturing facility in the United States as it seeks to expand the market for its heat reaction technology that utilises renewable hydrogen to rapidly create heat for industrial applications.
Renewables records continue to tumble in Australia with data from GPE NEMLog revealing that rooftop solar reached a new maximum instantaneous high in the nation’s main grid on Sunday while pushing operation demand and solar curtailment to new lows.
New South Wales will be seeking 3,000 GWh of annual generation in the latest tender aimed at delivering new wind and solar generation and storage facilities as the state transforms its coal-reliant energy system.
Australia’s MPower has inked a supply deal with China-headquartered manufacturing giant Trina Solar that will support the ongoing rollout of the renewables developer’s portfolio of mid-scale solar power and battery energy storage projects.
Belgian Solar Team Innoptus has claimed back-to-back Bridgestone World Solar Challenge titles, beating home dozens of competitors from around the world to win the 3,000 kilometre race through Australia’s outback.
Australia needs 200,000 more people in clean economy jobs by 2030, or risks missing its renewable energy targets according to a new campaign backed by Australian tech billionaire Mike Cannon-Brookes.
A 17.6 kW battery hybrid solar system installed on a three-level home overlooking the central Queensland coastline has earned installer Solpac Energy Solutions top honours in this year’s Clean Energy Council Solar Design and Installation Awards.
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