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Carnegie Clean Energy gets funding lifeline, solar microgrid subsidiary to be sold or wound down

Following months of uncertainty around its financial position, Carnegie Clean Energy and its fully owned subsidiaries went into voluntary administration last week. In its latest statement to ASX, the renewable energy developer says it has struck a deal with one of its directors to provide funding support while administrators attempt to recapitalize its wave power business.

NSW Coalition commits to support apartments going solar, module and battery recycling

If re-elected on Saturday, the NSW Coalition will change strata laws to reduce the minimum votes needed to install solar panels, battery storage and electric vehicle charging points in strata buildings. The government has also pledged to give $20 million more funding to the Emerging Energy Program and $10 million in funding for a solar panel and battery recycling program.

Half of Australia’s solar and wind farms to trial providing their own short-term generation forecasts

Around $9.4 million has been allocated for 11 projects to trial short-term forecasting for large wind and solar farms under a funding initiative by the Australian Renewable Energy Agency (ARENA) in partnership with the Australian Energy Market Operator (AEMO). The trial aims to improve the accuracy of market outcomes.

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Horizon Power launches stage two of Onslo microgrid, Senec supplies batteries

Horizon Power, Western Australia’s regional power provider, has commenced the second stage of its Onslow microgrid project, which will provide local residents and businesses with access to low-cost solar and energy storage systems. German storage provider Senec has been chosen to supply batteries to the project.

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Australia makes major contribution to global big PV uptake

The latest statistics highlights Australia’s contribution to the global utility-scale solar PV installation figures.

NSW waves through 165 MW solar farm near Gunnedah

The Independent Planning Commission has approved a hotly contested $200 million solar farm near Gunnedah in New South Wales, under some added conditions.

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Hanwha Q-Cells sues Jinko, Longi for patent infringement in Australia

The Korean solar manufacturer has lodged a lawsuit with the Federal Court of Australia against Chinese panel makers Jinko and Longi following similar allegations in the U.S. and Germany.

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Northern Territory councils in line for solar, battery grants under sustainability funding scheme

The Northern Territory has announced a one-off $2 million program energy efficiency and sustainability funding pool with grants now open to local government councils for a range of projects, including energy storage and renewable energy systems.

Genex Power completes Jemalong solar farm acquisition looking to boost earnings

The Sydney-based publicly listed renewables developer has completed the acquisition of the 50 MW Jemalong solar PV project in New South Wales. It has also commenced refinancing of a 50 MW solar projects that forms part of its landmark Kidston renewable energy hub, Australia’s first large-scale project to use pumped hydro to store solar generated power.

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WA government cuts support to Carnegie Clean Energy

After reporting a $45 million loss in its half year results, the troubled renewable energy developer has suffered a new blow. The Western Australia government has terminated the $16 million financial assistance agreement for the Albany wave energy project, noting that unexpected proposal to change Federal Government’s R&D tax incentive scheme contributed to destabilization of the company’s financial position. 

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