South Australia resources company Oz Minerals has given the green light to a $1.7 billion copper and nickel project in Western Australia that is to be powered by a mix of solar PV and wind generation which the miner believes will become one of the largest, off-grid hybrid projects in the world.
Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics the International Renewable Energy Agency has estimated it will require to achieve a net zero carbon energy system by 2050.
ACEN Australia declared the first stage of the 720 MW New England Solar Farm is on track to commence commercial operations in 2023 while announcing it has secured a $140 million loan agreement that will help grow its renewables capacity in the Asia-Pacific region to 20 GW by 2030.
International metals group Korea Zinc’s Australian subsidiary Ark Energy has announced it will build 3 GW of renewable energy generation in north Queensland as part of plans to produce more than 1 million tonnes of green ammonia per annum for export by 2032.
The city authority wants a developer to construct a 7 MW solar project for it as part of a push to widen its sources of electricity, and says clean energy will be cheaper than – largely coal-fired – grid power from Eskom.
Renewable energy investment fund Solar Bay and logistic company Logos have commenced construction of Australia’s largest roof-mounted solar PV system, airlifting in the first of more than 120,000 solar panels that will be installed atop an 800,000sqm industrial warehousing facility in south-western Sydney.
Power utility Alinta Energy expects work on a 45 MW solar farm and 35 MW battery energy storage system planned for Western Australia’s Pilbara region to commence before the end of the year following the signing of a large-scale renewable power purchase agreement with international mining giant BHP.
Australian-based mining giant Fortescue Metals Group has announced it will deploy an additional 2 GW to 3 GW of renewable energy generation and battery storage as part of a more-than $9 billion plan to decarbonise its iron-ore operations by 2030.
Victoria’s ongoing transition to renewable energy sources, including the installation of hundreds of thousands of rooftop solar PV systems, has helped the state “smash” its 2020 emission reduction targets on the path to net zero by 2050.
United Kingdom-headquartered investment firm Global Sustainable Energy Opportunities has increased its Australian solar PV portfolio, committing $36 million (£21.2 million) to acquire three more solar projects with a combined capacity of 15 MW.
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