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New South Wales legislates $1 billion clean energy investment body

Legislation to establish the Energy Security Corporation has passed in the New South Wales parliament and will be seeded with $1 billion for accelerating private clean energy investments, and specifically not to invest in nuclear or carbon capture and storage.

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Heliostat assembly fast-tracked with automated technology

Germany-headquartered Bosch Australia Manufacturing Solutions has teamed up with Australian solar and long-duration storage company RayGen to deliver automated solutions that accelerate heliostat assembly.

Cyber threats to energy market prompts possible rule change

The Australian Energy Market Commission is considering a rule change to clarify the Australian Energy Market Operator’s role in maintaining the cyber security of the nation’s electricity system.

ACT kicks off 20-year plan toward 100% electrification

The Australian Capital Territory’s first of three Integrated Energy Plans paves the way to an all-electric, zero emissions future, starting with a focus on a just transition for all residents.

Batteries on wheels trial gets $3.2 million boost

Over the next three years energy retailer and tech company Amber Electric will trial a software solution for electric vehicle smart charging and bi-directional vehicle-to-grid services to enable consumers using their cars can buy and sell energy to the grid.

New South Wales Budget opens a $3.5 billion purse to climate change and energy

Climate change and energy received a $3.5 billion commitment in the New South Wales Budget on 18 June, plus $3.1 billon to deliver renewable energy zones, which got an extra $128 million boost to upgrade roads between them and the Port of Newcastle.

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Thermal energy storage tech to bolster industry decarbonisation

Long duration energy storage developer MGA Thermal is one step closer to commissioning its behind-the-meter demonstration plant after receiving a $2.48 million windfall from the Australian Renewable Energy Agency.

Virtual power plant connects to community housing

South Australia’s virtual power plant has partnered with community housing provider, Unity Housing, to supply low cost energy to disadvantaged tenants, as part of its fourth phase to connect more than 7,500 households with clean energy.

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New $100 million challenge targets 50 GW per year

The Australian Renewable Energy Agency has dangled a $100 million carrot in front of the world’s best and brightest solar industry proponents to help lower solar and electricity costs to scale up annual installation in Australia from 5 GW per year to 50 GW.

CSP green methanol plant firms ties with German fuel giant

Thermal solar company Vast Renewables and German-headquartered energy company Mabanaft have further cemented their partnership with a joint development agreement to advance Vast’s CSP-powered green methanol reference plant, Solar Methanol 1.

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