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.
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.
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.
Australia already boasts one of the biggest pipeline of virtual power plant (VPP) projects. From big utilities to state governments, initiatives to orchestrate distributed energy resources that help support the grid have proliferated in recent years. Marija Maisch takes a look at Australia’s VPP ecosystem and how market players see it.
Western Australia’s government-owned regional utility Horizon Power is readying to roll out 13 solar and battery technology units at 14 far-flung farms in the Esperance region.
WA-based renewable energy developer Carnegie Clean Energy has completed commissioning of a microgrid project, featuring 2 MW solar PV and 2 MW/0.5 MWh battery, at a naval base in Western Australia.
The Western Australian government-owned utility has inked $8.8 million in contracts signed for the first stage of its landmark off-grid program for regional properties. The deployment will be led by local WA companies, Hybrid Systems and BayWa r.e. Solar Systems.
An initial tender on Palau was won by French energy company Engie, through its unit Engie Electro Power Systems. The 100 MW microgrid project consisted of coupling 35 MW of solar and 45 MWh of storage with diesel generation.
As India plans to set up large lithium-ion battery plants, the Lithium Triangle countries in South America (comprising Chile, Argentina and Bolivia) have offered to meet India’s growing demand for lithium.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.