The green investments arm of global financial services group Macquarie Asset Management has launched a new specialist renewable energy business targeting an initial pipeline of 4 GW of wind, solar and battery energy storage projects across Australia.
The Western Australian government will invest more than $700 million (USD 455 million) to deliver the step change in electricity transmission infrastructure needed to unlock renewable energy generation opportunities that will support the state’s energy transformation.
A former car manufacturing site turned “innovation precinct” in South Australia is one step closer to being powered by 100% renewable sources with a 4.5 MWh battery energy storage system having officially commenced operations.
Electric vehicle and battery energy storage manufacturing giant Tesla is aiming to “disrupt the traditional incumbents” in Australia’s electricity retail sector with its application for an electricity retailer licence having been accepted by the market regulator.
The Western Australian government has introduced a new environmental assessment exemption order in a bid to facilitate smoother and faster approvals for major renewable energy projects and support the state’s decarbonisation efforts.
Amid predictions Australia’s energy system faces a summer of extreme demand, the market operator has forecast that renewables, including 2 GW of generation capacity from new wind and solar projects, will counter the risk of power outages.
South Korean technology giant Samsung is reportedly looking to develop a ‘mega scale’ renewable generation, storage, and green manufacturing hub in the Northern Territory, its government has announced. However, no actual details on the size, nor any real specifics, appear to be known.
Researchers from UNSW say they have found a commercially viable pathway to the decentralised production of green, renewable ammonia. An alternative to the traditional Haber-Bosch method, the researchers used nanosecond pulsed plasma bubbles coupled with electrocatalysis.
The commissioning of stage two of Vena Energy’s 180 MW Tailem Bend solar farm in South Australia is now complete, with a 41.5 MWh battery to be coupled shortly. Tailem Bend 2 was first energised in February, but took until now to be fully commissioned.
CS Energy has signed an agreement with United States-headquartered GE Vernova for the supply of key equipment for Queensland’s first “hydrogen-ready” gas peaking power plant which will initially be capable of operating on 35% renewable hydrogen.
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