Gold Coast to light up with 33 MW Goldmine Solar Farm
One of Australia’s tourist hot spots could soon be home to a major solar farm with the Gold Coast City Council giving a 33 MW project the green light.
Long-read: Finance hopping the fence to the greener grass
As Green Finance begins to be seen more and more as global best practice the energy transition can only accelerate. This week, two stories attest to the growing acceptance of green finance by major financial institutions – ANZ Bank has pledged to extricate itself from thermal coal by 2030 and pursue more sustainable policies and Mike Cannon-Brookes supported startup Brighte announces Australia’s first 100% green asset-backed securitisation, $190 million in debt financing for Australians looking to uptake solar and battery storage in their home.
Major economies should divert fossil fuel Covid-recovery cash to clean energy before it’s too late
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funnelled to clean power.
Aussie startup looks to boost ‘mid-scale’ PV segment through crowd equity
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.
‘Disrupters’ tip Australia to become world’s biggest VPP in 2021
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 targets ‘sustainable nickel’ through green PPA including 18.5 MW solar farm
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.
Western Power completes deployment of 52 stand-alone power systems in Australia first
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.
Australia’s largest solar farm goes ahead after Neoen completes financing
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.
Fiji plans ‘Pacific’s largest solar project’
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.
CEP.Energy’s $1 billion C&I rooftop rollout
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.
