Renewables must ramp up to 126 GW by 2030 to reach net zero by 2050, says BNEF
Australia can still achieve a net-zero energy transformation by 2050, in line with the Paris climate agreement, but new analysis from Bloomberg New Energy Finance shows there is no time to waste with a rapid scaling up of investment in solar, wind and energy storage required.
Tesla launches Powerwall 3 in Australia and NZ
Nearly a decade after the first iteration of its Powerwall home battery system was released, electric car and battery manufacturer Tesla has officially launched the Powerwall 3 in Australia and New Zealand with the first deliveries expected next month.
Acen secures IPC approval for 1.2 GW solar and battery project
Acen Australia’s plan to develop a 600 MW solar farm and 600 MW / 1,200 MWh battery energy storage system in central west New South Wales has received a major boost with the state’s Independent Planning Commission giving its tick of approval.
New energy market rules rollout customer benefits and flexible control over usage
The Australian Energy Market Commmission has released new rules giving consumers more value from and control over their energy use while retailers get more options to bill individual consumer energy resources, such as electric vehicles.
Energy storage installations rise 61% this year
While battery manufacturers have faced tough times in 2024, the sun is shining on the stationary storage market, finds BloombergNEF.
AGL accelerates clean energy shift with 8.1 GW acquisition
Energy giant AGL has stepped up its transition away from coal and gas, adding a development pipeline of more than 8 GW of large-scale solar and battery energy storage projects to its portfolio with the acquisition of two Australian renewable energy developers.
Autonomous energy storage software update empowers multi-GWh projects
Finland-headquartered technology company Wärtsilä Energy has launched an upgrade of its GEMS digital energy platform, which the company says can transform the way GWh-scale battery energy storage projects are managed in Australia.
Equis eyes construction start for 800 MWh battery in Queensland
Singapore-headquartered clean energy investor Equis plans to begin building a four-hour duration battery in Queensland later this year as it pushes ahead with the development of a portfolio of 17 battery projects with a combined capacity of 4.4 GW across Australia.
Bslbatt launches storage system for C&I applications
Bslbatt says it has developed a new storage system for commercial and industrial applications, offering up to 241 kWh of capacity and supporting 100 kW or 125 kW of solar.
Stanwell powers ahead with 1,200 MWh battery project
Construction has commenced on a 300 MW / 1,200 MWh battery energy storage system being built alongside the coal-fired Stanwell Power Station in central Queensland as the state government looks to scale up energy storage capacity to support the transition to renewables.
