The energy transition has been named a priority area for investment, specificially with Melbourne-based developer Tilt Renewables, in a new investment mandate in Australia’s sovereign Future Fund.
Sydney-headquartered utility Origin Energy has approved a third stage of its large-scale Eraring Battery Project in New South Wales, expanding the project with an additional 700 MWh and positioning it as a global big battery A-lister.
Victoria-headquartered developer of SolShare, Allume Energy has received $3.8 million in funding through an Australian government industry growth program to help scale the manufacturing of its technology in Melbourne.
Community-funded climate change communications organisation the Climate Council, has launched a website monitoring the progress and adoption of renewables like rooftop solar, batteries, and cleaner transport choices.
The Victorian state electricity commission (SEC) has announced a $370 million investment in a proposed renewable energy park, in partnership with Swedish renewables developer OX2, and will be the first 100% government-owned generator in the state, since 1994.
Victoria-headquartered not-for-profit think tank, the Superpower Institute, has found Australia’s total potential revenue from clean energy exports is about $700 billion at today’s levels of industry output – or $1 trillion at forecast 2060 levels of output.
A national battery rebate scheme, with a target of a million household and business installations by 2030, has been proposed to the Australian government on the back of a community-based Solar Citizens petition.
Brisbane-headquartered battery technology company Li-S Energy has successfully completed test flights of an uncrewed aerial vehicle powered by a twelve cell, lithium sulfur battery pack.
Four Victorian businesses manufacturing renewable energy technology components and products have been awarded grants through the state’s $1 million Made In Victoria energy technologies manufacturing program.
The Australian Renewable Energy Agency has granted $1.7 million to a New South Wales university research project to better understand the impacts of integration of consumer energy resources into the grid.
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