Utility Scale PV

Australia’s push to become a green hydrogen superpower has gained new momentum with the federal and Queensland governments teaming with consortium partners to deliver $117 million (USD 76 million) to progress a 3 GW renewable hydrogen project being developed near Gladstone on the central Queensland coast.

The numbers behind headlines of billion dollar cost blowouts and delays to New South Wales’ energy transformation appear foggy at best, with unexamined sources seemingly leading to widespread misreporting.

To reach net zero by 2050, Australia will need 300 GW of wind and solar, and $413 billion (USD 2.72 billion) of investment, according to BloombergNEF. To reach hydrogen superpower status, that figure balloons to 812 GW of renewables and $739 billion of investment.

As part of its long-term plan to transition from coal-fired power generation to clean energy New South Wales has launched another renewable energy tender seeking at least 950 MW of wind and solar capacity and 550 MW of long-duration storage.

Australia and the United States have signed a landmark agreement with the two nations vowing to work collaboratively towards accelerating and expanding clean energy supply chains, renewable energy technologies manufacturing, and critical minerals supply.

British-headquartered oil and gas giant BP is a step closer to establishing a large-scale integrated renewables and green hydrogen project on Western Australia’s mid-west coast after outlaying $23 million for an almost 23,000-hectare property.

Australian renewable hydrogen company Infinite Green Energy has expanded its relationship with Samsung C&T, teaming with the South Korean industrial conglomerate to progress its flagship Arrowsmith project which is anticipated will produce more than 300 tonnes of renewable hydrogen per day using wind and solar energy.

Electricity retailer Zen Energy continues to grow its renewable energy portfolio, penning a long-term deal with Greek resources and renewables company Mytilineos to purchase power from its Wagga Wagga South Solar Farm in New South Wales.

The Indian solar sector experienced major shifts in market share during 2022, driven by policy changes such as the implementation of basic customs duty on cells and modules and the introduction of an approved list of models and manufacturers, according to Mercom.

The shift from fossil fuels to renewables in Australia’s top end has taken a significant step forward with pre-commission testing having commenced on the 35 MW/35 MWh Darwin-Katherine Battery Energy Storage System that will support further uptake of solar among households and businesses in the Northern Territory.