LG Chem partners with Envirostream for battery recycling in Australia
The South Korean battery manufacturer has joined forces with Victorian recycler Envirostream to develop processing solutions and reduce battery waste stream in Australia.
Total Eren secures finance for Victoria’s biggest solar farm
The French renewables giant has reached financial close for the 256.5 MW Kiamal Solar Farm with the support of a group of Australian and European financial institutions. Additionally, Australia’s green bank Clean Energy Finance Corporation entered the project by taking a minority equity stake.
Vena Energy cuts ribbon on 95 MW Tailem Bend Solar Farm
The Singapore-based developer plans to build another stage of the solar project similar in size and add a grid-scale battery.
Upstream majors to lead the charge in renewables investment
Renewable energy investment in the APAC region, excluding China, will overtake spending on oil and gas exploration and production spending by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
The U.S. energy storage market will nearly double this year
The combination of solar plus storage is super-charging the deployment of batteries across the country, and IHS Markit says that the United States will become the largest market for grid-tied energy storage this year.
Public consultation opens for 11 GW renewable energy hub
The Western Australian Environmental Protection Authority is seeking public submissions on the massive Asian Renewable Energy Hub proposed for the Pilbara region.
Vanadium-flow batteries set for grid scale project in Port Augusta, South Australia
Canadian company CellCube Energy Storage Systems and Pangea Energy have signalled their intention to install a 50 MW/200 MWh energy storage system in Port Augusta, South Australia.
PV+storage opportunity looms in Asia-Pacific region: WoodMac
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
Final curtain falls on South Australia’s coal-fired era
South Australia’s coal-fired electricity industry is in its final chapter with the sale of the 65-year-old Port Augusta power station site expected to reach settlement by the end of the month.
Solar transforms NEM supply mix displacing coal
The latest figures from the Australian Energy Market Operator (AEMO) show that solar continues to eat into the share once firmly held by coal on the back of a dramatic increase in installations over the past 12 months. The trend was backed by energy storage facilities which continued to gain foothold as providers of frequency control and ancillary services, lowering overall costs in the first quarter of 2019.
