Regulator approves reduced budget for Humelink transmission project
The Australian Energy Regulator has approved final costs for the next stage of Transgrid’s multi-billion-dollar Humelink transmission project but slashed the budget for the construction of the 500 kV line by more than $3 million.
Marinus Link locks in completion date for 750 MW interconnector
Marinus Link has locked in a 2030 completion date for the high-voltage Tasmania-Victoria power interconnection project after signing a deal worth more than $1 billion with the world’s largest cable maker.
New battery sizing approach for virtual synchronous generators, control-based grid-forming inverters
A team of researchers in Western Australia has outlined a new methodology to determine the minimum power rating of energy storage systems used for emergency under-frequency response. The ESS size must be calculated to maintain the frequency within the standard operating range.
Stanwell advances renewables strategy with first solar O&M contract
A subsidiary of Queensland government-owned electricity generator Stanwell Corporation, which operates two of the state’s largest coal-fired power stations, has signed a five-year contract to maintain the Collinsville Solar Farm as part of its energy transition strategy.
Genex Power $381 million takeover by Japanese utility J-Power is finalised
Japanese utility giant Electric Power Development Company, known as J-Power, has acquired Sydney-headquartered renewables energy and storage developer Genex Power with a $381 million deal backed by its shareholders.
Philippines announces renewables, energy storage auction
The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
Clean energy developer boosts circular economy with solar panel recycling deal
Italy-headquartered renewables developer Enel Green Power Australia has committed its 2.8 million solar panels powering current or planned assets to a circular economy by signing a long-term agreement with solar panel upcycling specialists, Elecsome.
FRV secures $1.2 billion financing for 1 GW Australian portfolio
Renewable energy and battery storage developer Fotowatio Renewable Ventures says it has raised more than $1.2 billion in new debt finance for its Australian clean energy assets, including its first standalone battery project planned for Victoria.
Ark advances plan for 500 MW solar farm and 2,200 MWh battery
Ark Energy has confirmed the development application for a 500 MW solar farm and 2,200 MWh battery energy storage system planned for northern New South Wales has been lodged with the state planning department.
MPower hits mid-scale milestone with Narromine project exporting at 100%
Less than six months after site works commenced for a 5 MW solar project near Narromine in western New South Wales, developer MPower has announced that the power plant has achieved commercial operations and commenced generating revenue.
