Only a month after it signed up to the global initiative RE100, Bank Australia has announced it made the switch to 100% renewable electricity one year ahead of its 2020 target.

A grant of nearly $1 million has been announced for a 100% renewable energy project which will see the World Heritage-listed Daintree Rainforest reduce its reliance on diesel fuel to generate power.

In a powerful demonstration of Australia’s energy transition, the Victorian State Coal Mine, a tourist attraction in the coastal town of Wonthaggi, is now powered by a solar and battery storage system.

Federal Labor has pledged to roll out solar PV and batteries at schools across Australia and create virtual power plants supporting up to 365 MW of capacity.

As part of its Future Mines and Jobs Plan, Labor has pledged to revive the Exploring for the Future funding and invest $75 million in developing the future mining of resources such as lithium. If elected in the upcoming federal election, the party will also make the south-west of Western Australia a renewable energy zone, meaning the region will be able to access funding through the party’s planned $5 billion Energy Security and Modernisation Fund.

In an ASX announcement last week, Queensland-based independent power producer ReNu Energy said it had executed term sheets with Chinese solar developer Astronergy for the acquisition of two 5.8 MW solar farms in South Australia. The total cost to buy the projects and complete construction amounts to $17.2 million.

Due to a jump in medium (+15kW) to large (+100kW) rooftop solar installations, there has been a dramatic increase in grid scale solar generation. This has contributed to renewables supplying monthly 14-15% of total generation since last November, an increase from 10-11% share this time last year, new research from The Australia Institute finds.

The first virtual power plant to be announced since the last year’s launch of the Home Battery Scheme in South Australia is picking up the pace with the addition of Eguana Technologies’ Evolve to the list of eligible energy storage systems.

A total of 238,000 advanced meters will be installed by Western Power on the South West Interconnected System over the next three years, unlocking the benefits of the technology that gives consumers more control over their energy use. In another rollout, Horizon Power has made paying for power easier for 11 Aboriginal communities across regional WA.

In the run-up to the May federal election, thirteen farmer and irrigator groups have come up with a list of policy requests to put a downward pressure on electricity prices and preserve the sector’s competitiveness. Among other things, the groups have called for more government support for solar PV and battery storage installed on site, and removal of barriers to connecting on-farm generation to the grid.