Solar-backed stand-alone power systems put to test in Victoria
Victorian network operator AusNet Services’ independent subsidiary Mondo Power has completed the installation and commissioning of 17 stand-alone power systems featuring PV and battery energy storage as part of its inaugural trial of the off-grid technology.
Akaysha does revenue swap deal for 300 MWh battery project
The 150 MW/300 MWh Ulinda Park battery project planned for Queensland’s Western Downs region is a step closer to a final investment decision with battery and renewable energy developer Akaysha Energy inking a hedging deal designed to manage revenue-related risks for the estimated $150 million (USD 100 million) project.
Consultation opens to help unlock Australia’s renewable hydrogen future
Consultation is now open on the design of the federal government’s $2 billion (USD 1.33 billion) Hydrogen Headstart program that is aimed at bridging “the commercial gap for early projects” and placing Australia on course to develop 1 GW of electrolyser capacity by 2030 through two to three flagship projects.
Atco applies brake to 2,600 MWh pumped hydro project
A 325 MW/2,600 MWh pumped hydro project planned for the New South Wales central west faces an indefinite delay with developer Atco announcing it will hold off on the next stage of the regulatory approvals process until the state government’s policy frameworks “are close to being able to support financial investment decisions for large-scale infrastructure.”
Ausgrid adopts pole-mounted technology for community battery trial
New South Wales network operator Ausgrid has installed its first pole-mounted battery energy storage system as part of a trial which will examine the viability of the technology to better manage the increasing penetration of rooftop solar and periods of peak demand on the network.
Report finds South Korean partnership essential for Australia’s critical minerals future
Australia must leverage bilateral trade agreements to capitalise on a once-in-a-century opportunity to be a global leader in energy transition, a new report from the Climate Energy Finance think tank suggests.
The Hydrogen Stream: China starts world’s biggest solar-to-hydrogen site
China’s Sinopec has switched on the world’s largest solar-to-hydrogen project in Xinjiang, while India has unveiled a new plan to incentivize green hydrogen and electrolyzer production.
Solar will be in ‘unassailable position’ as cheapest source of electricity
Solar levelized cost of electricity will reach less than $45 (USD 30) per MWh in 2050 as global capacity grows 22-fold, said DNV.
Panasonic introduces new generation home battery
The EverVolt home battery supports both DC and AC coupling for new and existing solar arrays.
Ballooning connection and TNSP charges frustrate battery projects, vexation over monopolies
A sharp rise in connection and terminal station charges is stalling storage from coming online, according to an Australian developer. While the price hikes could be attributable to a quagmire of complications the industry currently faces, the developer questioned whether Australia’s TNSP monopoly system is a contributing factor.
