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Tuvalu granted $6m for renewables ambition

The Asian Development Bank has signed off a grant for the South Pacific island nation to move on its plans to be 100% renewable by 2025.

AEMO publishes indicative MLFs for 2020-21

The Australian Energy Market Operator (AEMO) expects to see further declines in Marginal Loss Factors (MLFs) next financial year on a number of grid-scale PV projects, primarily in south-west News South Wales and north-west Victoria.

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SMA to supply Greenough River second stage

The second stage of the first grid-scale solar plant in Australia, the Greenough River Solar Farm, will deploy German power electronics, with SMA announcing it has picked up a contract to supply the 30 MW development.

Solar Homes battery rebate expands to another 80 postcodes

The Victorian government has extended its solar battery rebate from the initial 24 to 104 postcodes. Meanwhile, the demand for solar panel rebates has slightly slowed down.

LCOE on some Australian PV projects as low as $27-36/MWh as renewables close in on global grid parity

The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.

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RedEarth partners with Siemens on new modular battery

Australian manufacturer RedEarth has announced a new energy storage system for the Australian commercial and industrial market using technology from the global engineering and technology company, Siemens.

Kidston solar-pumped hydro project stalls as funding falls through

Genex Power has failed to lock in a previously announced offtake agreement with EnergyAustralia for its landmark Kidston hub in northern Queensland and requested a trading halt with the ASX on their securities.

Adani opens 65 MW Queensland solar farm, puts further investment on hold

While it seeks to build one of Australia’s biggest coal mines, Adani has grown more cautious on solar investment after suffering connection delays on its first renewables project in Australia.

Federal Government allocates $1 billion to boost grid reliability

The Morrison government has extended an extra $1 billion to the Clean Energy Finance Corporation to invest in energy storage projects, transmission and distribution infrastructure and grid stabilizing technologies.

Governments back NSW-Qld power line upgrade

The Federal and the New South Wales governments will jointly contribute $102 million to increase the capacity of an existing interconnector between New South Wales and Queensland in the run-up to the planned closure of the Liddel coal generator in 2023.

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