In a big week for Shell, the oil major has announced two joint ventures: the first of which involves the development of one of Australia’s largest batteries at 500 MW / 1,000 MWh alongside partner Ampyr Australia. The second involves the acquisition of a hybrid wind, solar and battery project in Western Australia with the UK’s Foresight Group.
Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.
Australia-based energy investment manager Quinbrook Infrastructure Partners has sold a 49% stake in a massive $1.9 million (USD 1.2 billion) solar PV and battery energy storage project being developed in the United States to a Dutch pension asset manager.
On the back of recent capital investment from a Canadian pension fund, NovaSource Power Services has made its first big move in the Australian market with the acquisition of First Solar’s 500 MW of operations and maintenance assets.
Australian company Vast Solar’s plans to expand into the rapidly growing North American renewable energy market have received a multi-million dollar boost after the United States government announced more than $38 million (USD 24 million) in grants to advance the development of concentrated solar thermal power technologies.
A 2.8 GW solar-powered green hydrogen export project being developed on the Tiwi Islands in the Northern Territory has taken the next step towards securing environmental and planning approval with developer Provaris Energy lodging an assessment referral with the federal government.
Bundelkhand Saur Urja Ltd. has opened bids from project management consultants for the 1.2 GW Jalaun Solar Park, which is now being developed in the Indian state of Uttar Pradesh.
Queensland-based energy company Line Hydrogen is to develop a gigawatt-scale renewable energy facility and green hydrogen production plant in Western Australia after joining forces with mining services contractor Blue Cap Mining.
United States-based engineering firm FTC Solar has won the contract to supply its Voyager solar tracker technology for the 128 MW Cunderdin hybrid solar PV and battery energy storage project being developed in Western Australia.
Six new solar farm projects totalling 623 MW of renewable capacity and four big batteries delivering up to 365 MW and 600 MWh of new energy storage have been given the tick of approval by the Victorian government as it looks to meet its target of powering all its operations with clean energy by 2025.
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