Oil supermajor takes majority stake in WA hydrogen megaproject
Oil and gas giant BP will take a 40.5% stake in the 26 GW Asian Renewable Energy Hub megaproject proposed for Western Australia’s north coast.
South Korea kicks off 2 GW PV tender
Selected projects will be awarded a fixed rate under a 20-year contract under the country’s renewable energy certificate (REC) scheme and will sell electricity to local power distributors.
Regulator reveals rooftop solar installation rate on the slide
Australia’s uptake of rooftop solar is one of the highest in the world with more than 30% of free-standing households across the nation now fitted with a PV system but the Clean Energy Regulator has revealed a “steep decline” in the number of installations in early 2022 with deteriorating economics playing a major part.
Tindo Solar offers working-capital solution for installers
Solar installers and resellers can now access up to $250,000 on interest-free terms to increase their stocks of Australian-made solar panels after PV module manufacturer Tindo Solar teamed with business financer Moula Pay.
Prime Infra plans massive 3.5GW solar farm for Philippines
Philippines-based Prime Infrastructure Holdings has unveiled plans to construct a massive solar farm and energy storage project featuring up to 3.5GW of PV backed by up to 4.5GWh of battery energy storage in the Southeast Asian nation.
NSW calls for investor interest in Illawarra energy zone
The New South Wales government has invited registrations of interest from renewable generators, energy storage and network developers, and existing and proposed energy loads, to participate in shaping a renewable energy zone to be established in the Illawarra region on the state’s south coast.
Rio Tinto targets large-scale solar as part of shift to renewables
Resource sector heavyweight Rio Tinto has called for proposals to develop an estimated 4GW of large-scale wind and solar farms and firming capacity in central and southern Queensland as it progresses plans to power its aluminium operations in the state with renewable energy.
IRENA reveals stark reality of electricity access for all by 2030
The International Renewable Energy Agency’s latest annual report on the progress towards the United Nation’s sustainable development goal seven estimates 670 million people will still lack electricity in 2030, and more than 2 billion will be reliant on unhealthy, polluting cooking methods.
Queensland solar farms dominate utility scale solar in May
New South Wales has topped the charts for large-scale renewable energy generation in May but Queensland has dominated the solar stakes with the top six utility PV assets for the month all located in the sunshine state.
Brisbane-based green hydrogen company wants to get its projects off the ground with ground-level crowdfunding
Brisbane-based Line Hydrogen is seeking $2 million in crowdfunding investment from Australians who want to contribute to the green energy revolution at the ground level by getting its Tasmanian and Queensland green hydrogen projects off the ground.
