Australian infrastructure asset manager Palisade Investment Partners has secured $258 million in new debt financing to back the further expansion of its gigawatt-scale renewable energy platform.
Scientists in China have tested the influence of panel row spacing in increasing a PV system performance in a full-scale outdoor PV array experimental platform. They found that larger row spacing plays a limited role in improving thermal convection, observing that solar irradiance and wind speed are the key parameters for optimal PV system design.
A solar-powered microgrid has been launched in the Victorian town of Monbulk as part of a $7.5 million state government program designed to better protect communities in fire and storm-prone areas against prolonged blackouts caused by extreme weather events.
The federal government has been urged to pick up the pace after the Clean Energy Finance Corporation opened the purse strings on a $1 billion fund that is to support cheaper finance for rooftop solar, home batteries and other energy efficiency upgrades for Australian homes.
The deployment of community batteries rolls on in New South Wales with network operators Endeavour Energy and Ausgrid both launching new energy storage systems on their networks.
The New South Wales government has made history, opening two significant tenders for projects of up to 1 GW of new, long-duration storage, and up to 3.98 GW of access rights to the South West Renewable Energy Zone.
REC has developed a new series of heterojunction solar panels with efficiencies up to 22.5% and an operating temperature coefficient of -0.24% per degree Celsius.
The Australian Energy Market Operator has begun consultations with industry to develop a common digital platform in a bid to make the orchestration of rooftop solar, batteries, grid-connected electric vehicles and other consumer energy resources easier.
Canadian global asset management company Brookfield has reached agreement for a majority stake in Australia’s largest developer of renewables, France-headquartered Neoen, and is set to acquire a 53.32% stake in pursuit of 100% ownership.
Andrew Forrest’s Squadron Energy has lodged documents with the New South Wales government in a forward step on its proposed 2 GW Koorakee Energy Park that is to include a 1 GW solar farm and 1 GW of wind energy backed by a 1 GW / 12 GWh battery energy storage system.
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