The national science agency’s latest update on the cost of meeting Australia’s future power needs has again found firmed renewables provide the lowest-cost option for electricity generation.
The agency tasked with helping manage Australia’s move to a net-zero economy has launched an interactive map featuring more than 800 Commonwealth-supported utility scale renewable energy and net-zero projects, transmission lines, and industrial projects.
Akaysha Energy, the battery storage platform backed by global funds giant Blackrock, has announced the completion of its first big battery project with the 155 MW / 298 MWh Ulinda Park energy storage system in Queensland now online.
The New South Wales government has provided planning approval for the proposed $209 million Armidale battery project on the condition that developer Valent Energy invests more than $2.5 million in local community projects.
The Australian arm of Spanish energy giant Iberdrola Iberdrola is poised to begin early testing of its Broadsound Solar Farm after Queensland transmission network operator Powerlink energised the grid connection to the 377 MWdc facility ahead of schedule.
The Australian arm of Malaysian engineering group Gamuda has been tapped by renewables developer Yanara to deliver a 360 MW solar farm and 600 MWh battery energy storage project in southwest Victoria.
The Australian government has announced a major expansion of its Cheaper Home Batteries program, raising the funding allocation from the original $2.3 billion to approximately $7.2 billion over the next four years.
Post-COP30 analysis has centred on the contentious debate over fossil-fuel phase-out wording. Yet the most significant development for the solar sector was not part of the negotiating text at all.
Sydney-based energy gentailer Alinta Energy has been purchased from owner, Hong Kong conglomerate Chow Tai Fook Enterprises by Singaporean energy company Sembcorp Industries for $6.5 billion.
Potentia Energy has completed an approximately$830 million portfolio financing package supporting its operating renewable energy assets and the delivery of new projects across Australia, comprising more than 600 MW capacity.
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