Australia’s independent energy markets and power systems operator has warned urgent investment in generation, firming and transmission is needed with forecasts showing the National Electricity Market needs to almost triple its installed capacity in less than 30 years.
Philippines-based energy company ACEN Corporation plans to bolster its renewable energy initiatives in Australia after sealing a $75 million green term loan facility that will help fund the delivery of an 8 GW portfolio of solar, wind, battery storage and pumped hydro projects.
Tunnelling has restarted on a troubled section of the largest renewable energy project under construction in Australia after the New South Wales government issued new environmental approvals to Snowy Hydro.
Canadian Solar says its new SolBank 3.0 grid-scale battery supports up to 2.35 MW/5 MWh of grid-scale renewable energy storage and dispatch.
Australian clean energy outfit Atmos Renewables is partnering with UK-based Nomad Energy to help develop a renewable energy project pipeline with over 1 GW of capacity in Western Australia by 2030.
Startup Green Gravity has signed a deal with mining company Wollongong Resources to study the application of gravitational energy storage technology at up to eight mining sites in New South Wales.
Victorian company United Solar Group, which is developing a floating 700 MW solar and 1.5 GWh battery project at the Poonakary Lake in Kilinochchi, Sri Lanka, has had a Power Purchase Agreement approved by the Sri Lankan cabinet.
The NSW Independent Planning Commission on Monday approved the 215 MW Oxley Solar Farm and coupled 50 MW/50 MWh battery in Armidale, enforcing a number of conditions on the project in response to significant community backlash.
Western Australian utility Alinta Energy has lodged a plan to build a second 300 MW battery at Wagerup in the state’s southwest. The $500 million (USD 330 million) project would sit adjacent to Alcoa’s alumina refinery and Alinta’s gas and diesel-fired power plant.
Tasmania’s largest hybrid solar proposal, the 288 MW Northern Midlands Solar Farm being developed by startup TasRex, was approved by the Northern Midlands Council on December 11. The agrivoltaic project, which will host a flock of sheep beneath its panels, is seeking to be operational by 2026, and includes a 346 MW / 691 MWh battery.
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