Renewables are the lowest cost, sustainable solution for Australia’s energy policy crisis and potentially one of Australia’s largest export industries of the future.
Construction has been launched on the 34.2 MW Cohuna Solar Farm, one of the three winning solar projects in the first Victorian renewable energy auction.
Following Carnegie Clean Energy’s voluntary administration, the administrators have revealed the bids its solar microgrid arm managed to attract. Meanwhile, a plan to restructure the company’s core wave power business has been approved by creditors, along with a decision to liquidate the EMC business.
Works have been launched on the 64 MW solar farm is the Darling Downs region. Once completed, the project could make the University of Queensland the world’s first university to offset 100% of its electricity needs from its own renewable energy asset.
Coming hot on the heels of major reports and a heated public debate about electric vehicles, a poll commissioned by the Climate Council confirms Australians believe electric cars are the future. Another poll, by The Australia Institute, has 50% of Australian voters supporting all car sales being electric by 2025.
Rooftop solar remained the biggest employer in the Australian renewable energy sector last financial year, but it was large-scale solar PV that stole the limelight as it emerged as the second largest contributor of direct full-time jobs.
In a major shift towards owning renewable energy generation assets, electricity network infrastructure owner Spark Infrastructure has fully acquired the 120 MW Bomen Solar Farm in NSW. The project has inked a power purchase agreement with Westpac, which marks a big step towards its goal of sourcing 100% renewable electricity by 2025.
Australia’s biggest power producer has secured the right to develop, own and operate a massive pumped hydro energy storage project at Hillgrove Resources’ Kanmantoo copper mine in South Australia’s Adelaide Hills region.
Significant progress has been reported on the feasibility study which aims to progress the establishment of a 15 GWh lithium-ion battery factory in Townsville. The study is conducted by the Imperium3 Townsville consortium.
German battery maker sonnen is following its takeover by Shell with plans to expand its market reach. It says it will use the opportunity to jointly push the energy transition. With an eye on sustainability, sonnen has launched an industry-wide initiative to push cobalt-free lithium-ion batteries for home storage systems.
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