New South Wales has announced plans to fast track tenders for solar, wind, and long-duration energy storage, and significantly increase the targeted capacity, as it prepares for the exit of coal-fired power generation.
Investment in new large-scale solar and wind in Australia fell by 64% year-on-year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.
The focus of the federal government’s Capacity Investment Scheme has turned to Western Australia with two tenders to open later this month seeking 1.6 GW of renewable generation, such as solar and wind, as well as 2.4 GWh of dispatchable capacity, such as battery energy storage.
Discussions are hotting up over Australia’s 2035 emission reduction target, which the federal government is due to reveal by September this year. It will be a crucial announcement, for several reasons.
Renewable energy land brokerage Rok Solid has found landowners in Queensland, New South Wales, and Victoria are being offered $30,000 per annum to lease one hectacre of land for a 30-year term.
The full acquisition of the 1 GWh Stone Creek battery storage system to Energy Vault is complete, and precedes a USD $300 million preferred equity investment to launch its Asset Vault subsidiary.
The seven to 10-year revenue swap arrangements will support projects in four Australian states, and brings 3.5 GWh in deals done just this week by Pacific Green.
A First Nations community-led corporation located in Wellington, New South Wales, has secured a 5% equity stake in the $340 million Bulabul Battery, formerly known as the Wellington battery storage system, and in partnership with AMPYR Australia.
Solar generation and rooftop solar are among the biggest catalysts of change to the National Electricity Market, which a draft government review aims to stabilise and improve through nine reform recommendations.
The federal government’s Australian Research Council has launched a new training centre in South Australia that will seek to provide industry-led solutions for the recovery, reuse and recycling of battery waste in Australia.
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