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BHP to link executive compensation to reductions in emissions generated from the use of its products

Evaluating and reporting Scope 1-3 emissions is a landmark commitment, showing leadership towards the implementation of the Paris Agreement

Green light for more big PV as South Australia’s wind and solar pipeline swells to 10 GW

With the approval for a 176 MW solar farm and 66 MW battery storage facility near Murray Bridge, South Australia’s utility-scale wind and solar pipeline has reached some 10 GW.

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Another major solar+storage project waved through in South Australia

As it continues to drive renewables and energy storage, the South Australian government has given its tick of approval for the 280 MW Bungama Solar Farm coupled with a 140MW/560MWh battery storage facility proposed by EPS Energy.

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Australia-Singapore power link, world’s biggest solar+storage project get government backing

The Northern Territory has given major project status to an ambitious plan to develop a 10 GW solar farm coupled with a 20-30 GWh storage facility near Tennant Creek and export solar power harvested in the Australian desert to Singapore via subsea cables.

Western Victoria’s network upgrade to unlock up to 6 GW of new wind and solar farms

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.

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Victoria’s biggest solar farm up and running, powering steelworks and Melbourne tram network

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.

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Green hydrogen joins natural gas in WA pipelines

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 million green hydrogen fund.

FRV achieves financial close on 68 MW solar project in NSW

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.

Australian airports turn to emissions-linked financing amid growing appetite for sustainable lending

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.

Australia’s first compressed air energy storage facility gets go-ahead

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.

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