Japan’s biggest oil refiner Eneos and French renewables developer Neoen have announced they will undertake a joint study looking at the potential development of an international supply chain for an affordable and stable supply of green hydrogen produced from renewable energy in South Australia.
The Australian arm of global fund manager Octopus Group has expanded its renewable energy portfolio, teaming with the Clean Energy Finance Corporation to purchase the rights to develop two proposed utility scale solar-storage hybrid power plants in Victoria’s Gippsland region.
Developed by Chinese researchers, the novel design methodology consists of utilising metal brackets as mounting structures, conventional solar panels, and a grooved glass plate placed between the solar panels. According to its creators, it ensures a farmer’s average income increases by 5.14 times, including the solar power generation business. A system built with this approach should cost around €715 (AU$1145) per kW installed.
Australia’s rooftop solar PV market has emerged as the second largest generator by capacity in the nation with new data published by the Australian Energy Council showing that small-scale solar is overshadowed only by coal-fired generation.
Work on the Jabiru Hybrid Renewable Project – featuring solar PV and battery energy storage – has achieved another milestone with project developer Energy Developments Limited confirming clearing works for the power plant being built in the World Heritage-listed Kakadu National Park are now complete.
Australia-based Fortescue Future Industries has partnered with JSW Energy arm on green hydrogen production and application in India.
Patrick Matweew, CEO of Australian startup Luceo Energy, is fully aware grid digitalisation stirs fervour in the hearts of few. It is, nonetheless, perhaps the single most important step in realising our clean energy future. “It’s not spoken about enough because it sits in that little niche. There might be other things that are a little bit more sexy, but this is really where the fundamentals get put in place to enable [everything else],” he told pv magazine Australia.
Powering Australian Renewables Fund, a partnership between AGL Energy and QIC, has formally taken control of Tilt Renewables on the same day the consortium called on the Australian federal government to set a net zero 2050 target.
Mildura Rural City Council will install a solar system with up to 99 kW of capacity at its Mildura South Regional Sporting Precinct, which is currently under construction. A spokesperson for Mildura Council told pv magazine Australia 50% of the system’s savings will be provided to a local group to deliver its ongoing sustainability programs for the community.
South Korean company LG Energy Solution has partnered with Australian fintech financier Humm Group and renewable energy retailer Diamond Energy to provide customers with Virtual Power Plant platform. Virtual power plants (VPPs) are gaining momentum in Australia as a way to decrease buyback time on home batteries and potentially add stabilisation services to the grid.
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