The Australian Energy Market Operator (AEMO) has laid out a $370 million plan for network upgrades in Western Victoria which would deliver almost double the benefit to both energy consumers and energy producers. However, the proposal has provoked federal Energy Minister Angus Taylor’s attack on the state’s renewable energy target.
With 128 MWp, Numurkah is the largest operating solar farm in Victoria. The project developed by French renewable energy producer Neoen has a major supply contract secured with the Laverton Steelworks and is one of two solar farms supplying 100% renewable energy to offset Melbourne’s entire tram network.
Canadian gas giant ATCO has unveiled its Clean Energy Hub in Jandakot which will explore the potential of hydrogen for home use in gas appliances. On the same day, the Western Australian government has launched a renewable hydrogen strategy and announced the creation of a $10 green hydrogen fund.
Fotowatio Renewable Ventures (FRV) has secured financing for the 67.8 MW Goonumbla Solar Farm in New South Wales. The Spanish developer inked a power purchase agreement for the project with Snowy Hydro last year.
As sustainability-linked debt financing continues to gather momentum, Australian airports are turning to innovative funding mechanisms. In the latest such deal, the operator of Gold Coast Airport will be incentivised to reduce carbon emissions under a loan agreement with Commonwealth Bank and Westpac.
The South Australian government has given its tick of approval for the development of a 5 MW/10 MWh compressed air energy storage facility, which will store excess solar and wind power at a closed underground mine.
Western Australia-based solar glass developer ClearVue has signed a deal with Taiwanese thin-film solar module manufacturer BeyondPV to set up a dedicated production line for solar strip modules at its production facility in Tainan.
A report published by New Zealand’s state-owned transmission grid operator Transpower finds the widespread uptake of distributed battery storage could play an important role in supporting the power system as rooftop PV and electric vehicles are increasingly adopted.
Following similar calls from other industry bodies, the Clean Energy Council has urged the Victorian government to review its landmark Solar Homes Program and warned about the serious effects its dynamics has on the industry.
The 5 MW Mobilong Solar Farm will run on a fully merchant offtake arrangement over its 30-year lifetime.
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