September’s second round offering was snapped up in under half an hour, signaling there is still a long way to go before supply catches up with demand.
New planning guidelines for large scale solar development in Victoria are now part of all state planning schemes. The Victorian government hopes to deliver consistent guidance in terms of choosing the right locations for solar development and encourage investment as it moves towards its 50% renewables goal by 2030.
After it had contracted enough generation to future-proof its 100% renewables target, the Australian Capital Territory has unveiled the next phase of its strategy towards zero net emissions with several nation-first policies.
A state government-funded projects touted as Australia’s first industrial renewable energy microgrid is to be developed at a new 120-hectare industrial park in Nambeelup.
The Australian Capital Territory Government has announced it will contract for the construction of up to 250 MW of new renewable energy generation and 20MW/40MWh of battery storage as it seeks to pave the way for the electrification of buildings and transport.
A group of Australian investors led by venture capital fund Square Peg has backed the Melbourne-based start-up which aims to revolutionise the way Australian households buy electricity by passing through wholesale rates.
Australian Capital Territory’s Minister for Climate Change and Sustainability Shane Rattenbury has announced a further reverse auction for 200 MW of wind or 250 MW of solar.
Australia’s Federal Government has given ‘major project status’ to ASX-listed Australian Vanadium’s namesake project located in the Murchison province in Western Australia.
A vanadium redox flow battery will be installed at a family-owned apple orchard located in Pakenham on the edge of the Gippsland region to complement onsite solar.
Plans to develop a 18 GWh lithium-ion battery factory in northern Queensland have received a major boost with the appointment of National Australia Bank as financial adviser. With the feasibility study nearing completion, project proponents expect the development application to be submitted to Townsville City Council over the coming months.
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