The green investments arm of global financial services group Macquarie Asset Management has launched a new specialist renewable energy business targeting an initial pipeline of 4 GW of wind, solar and battery energy storage projects across Australia.
The Western Australian government will invest more than $700 million (USD 455 million) to deliver the step change in electricity transmission infrastructure needed to unlock renewable energy generation opportunities that will support the state’s energy transformation.
In its first commercial project, United States-based solar technology company Terabase Energy has successfully installed 17 MW of a 225 MW solar facility with its automated Terafab platform.
A Spanish-Algerian research group has tested how “cool roofs” could help increase power yield in rooftop bifacial PV systems. Cool roofs are based on coating materials with high reflectance properties.
A former car manufacturing site turned “innovation precinct” in South Australia is one step closer to being powered by 100% renewable sources with a 4.5 MWh battery energy storage system having officially commenced operations.
Electric vehicle and battery energy storage manufacturing giant Tesla is aiming to “disrupt the traditional incumbents” in Australia’s electricity retail sector with its application for an electricity retailer licence having been accepted by the market regulator.
Egyptian researchers has developed a multi-string PV system with a converter control strategy, achieving 99.81% efficiency with a direct duty cycle for maximum power point tracking (MPPT).
The Western Australian government has introduced a new environmental assessment exemption order in a bid to facilitate smoother and faster approvals for major renewable energy projects and support the state’s decarbonisation efforts.
Japan-headquartered renewables developer Bison Energy has signed a supply agreement with tracker manufacturer GameChange Solar that is to underpin the development of five Australian solar projects totaling more than 125 MW.
Amid predictions Australia’s energy system faces a summer of extreme demand, the market operator has forecast that renewables, including 2 GW of generation capacity from new wind and solar projects, will counter the risk of power outages.
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