SEC renewables to power 5% of Victoria’s electricity market
Victoria’s government-owned State Electricity Commission has re-entered the retail market with the signing of contracts that will see it power approximately 5% of the state’s electricity market.
Pacific Energy completes $2 billion funding raise to boost growth plans
Queensland-based investor QIC’s remote and off-grid power specialist Pacific Energy has successfully completed an almost $2 billion refinancing and equity raise that will bankroll the Western Australian company’s growth plans.
8 MWh battery system to help power WA lithium project
An 8 MWh battery energy storage system is now helping power one of the largest hard-rock lithium mines in the world with Western Australia-based miner PLS advancing its plans to reduce its energy-related emissions intensity and costs.
Potentia celebrates delivery of 93 MW Girgarre solar project
Potentia Energy, the recently renamed joint venture between Italy’s Enel Green Power and Japan’s Inpex, has announced the successful delivery of the 93 MW Girgarre Solar Farm in Victoria.
Risen secures grid connection approval for New South Wales battery project
China-headquartered solar panel supplier and solar farm developer Risen Energy Australia has received approval to connect it’s proposed 100 MW / 400 MWh Coleambally battery storage system to the grid.
AEMO provides connection approval for DC-coupled solar and storage project
Construction of a 300 MW solar farm and 486 MWh battery energy storage project planned for southeast New South Wales is scheduled to commence later this year after developer Octopus Investments Australia received critical grid connection approval.
US private equity giant targets Australia, UK with renewables platform
United States-headquartered private equity group Carlyle has launched a new clean energy infrastructure platform focused on developing and operating a portfolio of utility-scale renewables projects in Australia and the United Kingdom.
Array Technologies releases solar tracker with 77-degree stow
Array Technologies has unveiled DuraTrack Hail XP, a ground-mount solar tracker engineered to withstand extreme hail and wind, featuring a 77-degree stow angle for added protection.
Elements Green lands connection approval for hybrid project
Renewables developer Elements Green says the start of construction for what it describes as Australia’s largest hybrid solar and storage project to date is now within reach after receiving the tick of approval for grid connection.
WoodMac tips Australia to fall short of 82% renewables goal
Global analytics firm Wood Mackenzie predicts Australia will fall well short of its target of 82% renewable generation by 2030 due to grid connection delays, inadequate investment and moves from some state governments to scale back their clean energy ambitions.
