Spending on building renewable energy infrastructure is forecast to peak at $20 billion in 2026, stimulated by the Australian government’s target of 82% electricity from renewables by 2030, but caution remains over workforce capability.
Residents in the remote Northern Territory community of Marlinja are preparing to power up what is being described as Australia’s first 100% First Nations-owned and grid-connected solar microgrid.
Development of the Central West Orana Renewable Energy Zone is predicted to now accelerate with the federal government’s green bank announcing a $490 million commitment to support the development of key grid infrastructure in the New South Wales central west.
The Australian government has announced its new multi-billion-dollar National Battery Strategy aiming to boost the country’s domestic battery manufacturing capabilities and critical minerals processing capacity.
Grid connections for four battery energy storage projects with a combined capacity of more than 6.5 GWh are to be fast-tracked by the New South Wales government as it seeks to ensure electricity reliability as coal-fired generation exits the system.
The CSIRO GenCost report shows renewables remain the cheapest new build electricity technology in Australia, with utility-scale solar emerging as the golden child, despite inflationary pressures, supply chain constraints and costs associated with additional storage and transmission.
New South Wales distributed network provider Ausgrid has powered up its third battery energy storage system under the federal government’s $200 million Community Batteries for Household Solar program.
The Australian Energy Market Operator has issued new warnings of potential breaches in the reliability standards for the National Electricity Market in coming years due to delays in key transmission projects and looming retirements of coal-fired generators.
Rooftop PV is the fourth largest source of electricity generation in Australia, providing about 11% of the country’s power supply, but solar industry analyst SunWiz has cautioned the market to brace for a challenging period.
Japan’s Leapton Energy has developed a 20.48 kWh residential battery energy storage system featuring storage capacities starting at 5.12 kWh, utilising lithium iron phosphate technology.
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