Ev Foley
Six big batteries score federal funding to power a million homes from 2027
Six large-scale battery energy storage projects in South Australia and Victoria have been earmarked to receive funding from the Australian government’s Capacity Investment Scheme.
New investment in large-scale generation eclipses 2023 total
A new Clean Energy Council report signals a steady recovery in levels of investment in large-scale renewable energy generation and strong ongoing investment in large-scale energy storage.
Early retirement of coal-fired power plants good for bottom line: study
Multi-country research has found that retiring coal-fired power plants sooner rather than later can have financial benefits for investors, and free up capital for investing in renewables.
Sunshine state’s solar recycling plans power up circular economy
The Queensland government has launched a solar panel recycling scheme with the launch of the first of 15 sites collection sites that are to be established across the state. The program is expected to save 26 tonnes of broken or end-of-life solar panels from landfill annually and will inform the possible rollout of a nationwide scheme.
Victorian council solar install paves way to city’s 1 MW target
Mildura Rural City Council has completed a 99 kW rooftop solar system at a sporting precinct in the Victorian regional centre that is expected to generate more than 114,000 kWh of clean electricity per year, enough to satisfy 15% of the facility’s annual demand.
Solar’s ten-year growth outshines all energy generation sources: new data
The Australian government’s Energy Update 2024 shows solar electricity generation grew 21% in the 2022-23 period and is 11 times higher than a decade ago, jumping 3% in each of the past two years.
Major South Australian hydrogen project secures development approval
The South Australian Hydrogen Jobs Plan hydrogen power plant has secured development approval for the construction and operation of 250 MW electrolysers, a 100-tonne storage pipeline and a 200 MW hydrogen fuelled power plant.
Major transmission project gets $840 million injection to kickstart early works
The Victoria to New South Wales Interconnector West 500 kV transmission line has received an $840 million boost to progress its early works, enabling equipment orders, the project’s design, and market and community engagement to progress.
Future clean energy investment vital for grid reliability: AEMO report
Rooftop solar system uptake and 1.2 GW of large-scale solar projects brought online in the past 12 months, have boosted grid reliability in the National Electricity Market, demonstrating a trend the Australian Energy Market Operator forecasts will continue but not without ongoing clean energy investments.
New Zealand’s energy security thrown multi-million dollar lifeline
New Zealand Green Investment Finance has provided $71.7 million to finance infrastructure and broader development activities required by Auckland-headquartered utility solar developer Far North Solar Farm.
