Hornsdale Power Reserve appears set for expansion
Reports from, of all places, Youtube indicate that the Hornsdale Power Reserve is set for a major expansion. Tesla Powerpacks have been spotted being hauled to the battery site, with the reported volume of the deliveries totaling some 500-600 Tesla Powerpacks – indicating that the battery’s capacity is being ramped up.
Neoen powers ahead as Australia’s top independent renewable energy producer
French renewables developer and big Australian energy player Neoen has reported strong revenue growth over the first nine months of 2019, driven in no small part by Australian successes.
Kidston solar-pumped hydro project resumes with funding extension
After Genex Power’s offtake agreement with EnergyAustralia fell through earlier this month its concessional federal funding lapsed. However, the Project has secured an extension into 2020, hopefully allowing it enough time to restructure and reach financial close.
Tesla to build first European gigafactory in Germany
Elon Musk has promised a fab near Berlin that will help create up to 10,000 new jobs. Tesla wants to build the facility near the city’s controversial new BER airport.
Scientists double down on hydrogen production
A team of scientists led by the University of Glasgow has discovered a more efficient method of splitting water into hydrogen and oxygen using electricity which it says could almost double the amount of hydrogen produced per millivolt.
AEMO publishes indicative MLFs for 2020-21
The Australian Energy Market Operator (AEMO) expects to see further declines in Marginal Loss Factors (MLFs) next financial year on a number of grid-scale PV projects, primarily in south-west News South Wales and north-west Victoria.
Kidston solar-pumped hydro project stalls as funding falls through
Genex Power has failed to lock in a previously announced offtake agreement with EnergyAustralia for its landmark Kidston hub in northern Queensland and requested a trading halt with the ASX on their securities.
Tasmania firms its ambitions of becoming Battery of the Nation
Hydro Tasmania has released a white paper pushing the island state’s claims to become the Battery of the Nation via upgrades to the Victoria-Tasmania interconnector, an effort to unblock the backlog of solar and wind.
Massive AGL deal set to push Australia into the battery age
AGL, Australia’s biggest power producer, has inked a deal that will see the development of four large-scale batteries in NSW. The agreement is an attempt to secure against fluctuating prices during peak periods.
Federal Government allocates $1 billion to boost grid reliability
The Morrison government has extended an extra $1 billion to the Clean Energy Finance Corporation to invest in energy storage projects, transmission and distribution infrastructure and grid stabilizing technologies.
