Installations

Investment in Australia’s renewable energy sector is more than 10 times lower than where it should be to reach 2030 targets, according to the Clean Energy Council calculations. Australia’s “sluggish” large-scale segment is the result of a confluence of issues, and illustrates the urgent need for the federal government’s newly supercharged Capacity Investment Scheme.

Wood Mackenzie says in a new report that China could install 230 GW of PV and wind capacity and export more than 200 GW of solar panels in 2023. Unlike Europe and United States, the country is avoiding the high curtailment of PV and wind.

Cue, a town in Western Australia’s midwest, has installed 259 kW of solar and a 336 kWh battery system to wean itself off diesel. The installation is part of Horizon Power’s Midwest Solar Program and belongs within a much larger state-wide transformation.

Australian thermal storage company, Graphite Energy, has broken ground on its Lake Cargelligo facility in New South Wales which aims to demonstrate how renewable energy and agriculture can coexist through agrivoltaic and green house systems.

Australia’s National Broadband Network (nbn) Corporation has signed an offtake deal with Greek developer Mytilineos to take 59 GWh per annum from its Munna Creek solar farm north of Brisbane, Queensland.

BHP has taken another step on the path towards a clean energy future with Canadian developer TransAlta Renewables switching on one of the world’s largest off-grid solar and battery energy storage systems that will help power the mining giant’s nickel operations in Western Australia.

Melbourne Airport is among the organisations taking part in a two-year trial intended to help commercial and industrial energy users shift their demand away from peak times, easing pressure on the grid and supporting the integration of more renewables.

Origin Energy has delayed the vote on its almost $20 billion (USD 12.85 billion) takeover bid until next month after receiving a revised offer from the Brookfield-led consortium that is hoping to acquire the Australian energy generator and retailer.

Extreme weather is a growing risk to solar farms. Future-proofing through advanced technologies, leveraging data from novel sources, and by building both collaboration and acceptance of risk is vital, but rarely achieved today for a number of reasons. Insurers, lenders, developers, contractors and manufacturers come together here to discuss solutions to the intractable problem of weather risk.

Australian Energy Minister Chris Bowen has announced a major expansion of the Commonwealth-funded Capacity Investment Scheme that will now target 32 GW of renewable generation and storage capacity to support the nation’s clean energy transition.