Akaysha does revenue swap deal for 300 MWh battery project
The 150 MW/300 MWh Ulinda Park battery project planned for Queensland’s Western Downs region is a step closer to a final investment decision with battery and renewable energy developer Akaysha Energy inking a hedging deal designed to manage revenue-related risks for the estimated $150 million (USD 100 million) project.
Largest PV plant in Americas goes online in Brazil
Brazilian renewables developer Elera Renováveis has commissioned the 1.2 GW Janaúba solar complex in the nation’s southeast. The facility, which went online this week, consists of 20 solar parks spread across 3,000 hectares.
Membrane boosts bifacial solar module yield by 6.4%
German renewables developer Solar Kapital has deployed membranes at three of its utility scale PV plants in Greece and claims the technology has delivered an up to 6.4% increase in yield and the payback time of the new solution is relatively short.
Solar will be in ‘unassailable position’ as cheapest source of electricity
Solar levelized cost of electricity will reach less than $45 (USD 30) per MWh in 2050 as global capacity grows 22-fold, said DNV.
CleanPeak to begin construction of 40 MW Wangaratta Solar Farm
Australian commercial solar outfit CleanPeak Energy continues to build out its utility-scale PV portfolio, announcing it has achieved financial close on the 40 MWp Wangaratta Solar Farm being developed in northern Victoria.
Site works begin for 800 MWh Kwinana big battery
Construction has started on Western Australia’s second grid-scale battery in Kwinana as the state government looks to scale up energy storage capacity to support its planned transition from coal-fired power to renewables.
Energy majors make shortlist for 1 GW renewables project
Australian miner QEM has shortlisted three non-binding indicative bids to develop, own and operate a proposed 1 GW of wind and solar energy to power its planned vanadium mining and oil shale project near Julia Creek in northwest Queensland.
Genex lands $45 million funding package for pumped hydro and solar and battery projects
Australian renewable energy developer Genex Power has entered into agreements with Japanese electric utility J-Power to receive a multi-million-dollar funding package that will support the delivery of its 2 GWh pumped hydro project in northern Queensland and the development of the 2 GW Bulli Creek solar and battery project in the state’s southeast.
TotalEnergies, Gentari to co-develop 100 MW Queensland solar farm
French oil and gas supermajor TotalEnergies has signed an agreement with Gentari Renewables, the clean energy arm of Malaysia’s state-owned oil company Petronas, to jointly develop a 100 MW solar farm in southwest Queensland.
Line Hydrogen to break ground on Tasmanian green hydrogen project
Construction of what is shaping to be Tasmania’s first operational commercial-scale renewable hydrogen production facility is to commence in the coming weeks after Line Hydrogen secured development approval for its 7.6 MW George Town green hydrogen project.
