Genex achieves financial close for Jemalong and refinancing for Kidston
Sydney-based developer Genex Power Limited (Genex) has fought its way back from several unlucky blows to achieve financial close for the 50MW Jemalong Solar Project and the refinancing of the 50 MW Kidston Solar One Project.
Edify Energy solar farms to use AI trading platform for energy market participation
The Australian renewables developer has deployed AMS’ AI-backed trading platform across a 438 MW portfolio of utility-scale solar farms in Queensland and Victoria. The technology will help navigate the increasing price volatility and maximize returns in the National Electricity Market.
Hydrogen production as an antidote to grid constraints in northern Netherlands
Dutch transmission system operator Enexis, gas provider Gasunie and oil company NAM are considering diverting excess solar capacity in Drenthe province into hydrogen production. The companies are assessing which wind and solar projects may have been excluded from the grid.
A Study in Storage, University of Queensland turns on its Tesla Powerpack
The University of Queensland (UQ) is well known for its renewable solar power generation, from its Warwick Solar Farm to the extensive solar PV arrays on UQ campuses. Now UQ can store its solar power too, with one of Queensland’s largest behind-the-meter battery storage systems.
Shell invests in ESCO Pacific to drive growth in Australian solar
Fossil fuel giant Royal Dutch Shell has snapped up a 49% stake in one of the biggest Australian utility-scale solar developers furthering its expansion into the market.
AEMO calls for over 30 GW of solar and wind to replace coal-fired generation by 2040
To fill the gap left by retiring coal-fired plants, the Australian Energy Market Operator forecasts that Australia should invest in a further 30-47 GW of new large-scale wind and solar projects by 2040. At the end of the outlook period, AEMO projects that distributed energy resources could provide up to 13% to 22% of total underlying annual NEM energy consumption.
Greenough River stage two back on schedule
The second stage of the Greenough River Solar Farm is set for completion in the second quarter of 2020. Its developer has reported that module installation is well underway at the site.
160 MW solar farm approved in the Dubbo region
Labelled as a state significant development, the Maryvale Solar Farm has received a regulatory nod, opening the way for construction work to begin. The project is owned by Photon Energy, Canadian Solar and Polpo Investments.
Sterling & Wilson begins construction of 200 MW solar project in NSW
Two years after announcing its market entry, the India-based EPC heavyweight has commenced construction of its first Australian project.
Ambitious 1 GW agrivoltaic livestock farming project announced in Malaysia
The Malaysia Automotive, Robotics and IoT Institute is planning a huge solar power project which will integrate agriculture and livestock farming in the Sabah region. The research institute claims to have already secured $50 million for the project’s first, 200 MW phase. The 25,000ha required for the projects will host up to 150,000 cattle as well as cultivation of forage crops such as kenaf, corn, wheat and hay.
