Australian renewable energy projects have accounted for 53% of French developer and IPP in 2018. Globally, Neoen generated €227.6 million in revenues ($363 million), of which wind was responsible for 48% and solar 44%. Hornsdale’s “excellent performance” is spurring the company to expand its large scale storage portfolio in 2019.
A bold plan to establish a 1.3 GWh lithium-ion battery cell and module factory in Australia has moved a step closer to reality with prospective manufacturer Energy Renaissance selecting U.S. battery cell developer Cadenza Innovation as technology partner. Energy Renaissance plans to have modules rolling off its first 300 MWh pilot line within one year.
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.
In May 2018, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
With financial close still in the works, Sydney-based publicly listed Genex Power has moved on the Kidston Pumped Storage Hydro Project, part of its landmark renewable energy hub in far-north Queensland, signing an early works agreement with EPC contractors McConnell Dowell and John Holland.
A Dutch start-up has designed an electric vehicle that runs solely on solar energy, and aims to deliver its first models next year. The car will also be available to lease.
Solar ‘lease-to-own’ installer ShineHub has chosen Hanwha Q Cells as preferred solar panel provider for its Community Solar Program under the South Australian battery scheme.
The Brisbane-based battery supplier has deployed 10 of its zinc-bromine flow batteries coupled with three li-ion batteries to store solar generated power in a far-flung village in northern Thailand.
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.
Backed by an estimated $15 million raised from the sale of renewable energy certificates, EnergyAustralia will install free solar PV and battery systems for participating charitable organizations, with the goal to connect them into a virtual power plant and slash their electricity bills by as much as 50%.
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