The California-based energy technology company has integrated with GreenSync’s Decentralized Energy Exchange (deX), making it possible for its customers to get more value out of their distributed energy assets and help the grid manage the challenges associated with the rapid penetration of intermittent renewables.
Distributed energy producer EDL has officially opened a 23 MW power station that integrates solar with gas and diesel generation to power Gold Fields’ Agnew Gold Mine in Western Australia. The project is part of an innovative hybrid microgrid, which will later add a wind array and battery storage.
Two of Australia’s richest people, Mike Cannon-Brookes and Andrew “Twiggy” Forrest, have jointly invested “tens of millions of dollars” in the ambitious Sun Cable projects, which would export solar energy from the Outback to power Singapore. The capital raising will enable developers Sun Cable to pay for development work for the undersea power link.
Over the last two years, corporate renewable power purchase agreements have become a major force in Australia’s large-scale renewable energy market. In hard figures, 70 leading Australian organizations have made the switch to renewable energy and procured nearly 2.3 GW of mostly solar and wind electricity and supported 5.2 GW of projects, finds the Business Renewables Centre of Australia.
Researchers from the University of Wollongong have manufactured a nanomaterial that acts as a superior cathode for room-temperature sodium-sulfur batteries, making them a more attractive proposition for large-scale energy storage.
From an energy-hungry importer to a frontrunner in the decarbonization race, South Australia has set the bar high for how to efficiently transition to a low-emissions grid dominated by renewables. With wind and solar already supplying more than a half of its electricity, the state’s energy transition shows no sign of letting up. In fact, South Australia is gearing up to accelerate the pace of its clean energy transition and expand its big PV fleet as it moves toward its 2030 target of “net” 100% renewables.
Swiss investment firm SUSI Partners is investing up to $50 million in a residential solar-plus-battery project enabling participants from communities across Western Australia to generate and consume their own clean power for up to 90% of their needs. The project, which began a year ago, and involves residents leasing solar PV and battery systems from a not-for-profit organisation.
Australia made its first moves to open up its energy industry in the 1990s, when the National Electricity Market (NEM) was first created, and many of the rules and regulations from back then are still in place today. But the rise of renewables in the 21st century, argues Clean Energy Investor Group Chair Rob Grant, necessitates a rethink of this market structure.
The Australian Energy Market Commission’s proposed transmission access model has come under fierce criticism from the clean energy industry for being unnecessarily complex and likely to increase the cost of capital for future generation and storage investment.
The New Zealand Rural Connectivity Group will use Redflow zinc-bromine flow batteries to store energy in off-grid telecommunication sites.
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