For Komo Energy founders Jonathan Prendergast and Gerald Arends, today has been equal parts terrifying and exciting. This morning, the solar development startup launched their crowd equity offering.
As Australia’s home battery market begins to catch up to its install residential solar capacity the opportunity for large-scale virtual power plants is verging on reality. Indeed, Solar Service Group’s new Solar + Battery Members’ Plan could see Australia host the world’s largest virtual power plant next year.
BHP Nickel West has extended its PPA with Southern Cross Energy to 2038 as the mining giant looks to integrate renewable energy into its processes toward the goal of meeting its emissions reductions goals and producing ‘sustainable nickel’, a necessary requirement for potential client Tesla. The extended deal begins at Nickel West’s Leinster and Mount Keith operations with the development of an 18.5 MW solar farm and battery storage system.
Over 50 stand-alone power systems (SPS) units installed by Western Power are now operating in regional properties across Western Australia (WA). The landmark off-grid program is the largest single such deployment by a network business in the country.
The 460 MW Western Downs Green Power Hub is set to commence construction imminently, after Neoen achieved financial close on the project. The solar farm is set to be Australia’s largest, and indeed the largest in Neoen’s global portfolio, generating enough solar energy to power every home on the Sunshine Coast.
The island nation has agreed a deal with the World Bank’s International Finance Corporation to develop at least 15 MW of generation capacity in a US$15 million project.
Never heard of CEP.Energy? The new green energy fund is set to become a renewable powerhouse, installing gigawatts of solar, plus batteries big and small across industrial estates and retail centres around the NEM. Institutional investors are making this virtual-power-plant vision a reality.
Rooftop solar installation figures in Victoria have plunged dramatically in recent months but an easing of Covid-19 restrictions has provided a welcome boost for the state’s small-scale solar installers.
Photon Energy has commenced construction on two Australian solar farms which will deliver a combined capacity of 14 MW in the Riverina region of New South Wales.
Spanish solar EPC X-Elio has confirmed its arrival in the Australian market, announcing a “landmark” power purchase agreement for the output of the 200 MW Blue Grass solar farm in Queensland.
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