AGL throws weight behind 2 GW NSW energy park
Energy generating and retailing giant AGL has teamed with Australian renewable energy company Someva Renewables to develop a hybrid wind, solar and battery storage facility that could deliver more than 1.5 GW of renewable energy generation capacity to the National Electricity Market.
Japan’s J-Power launches new Genex takeover bid
After receiving an initial takeover bid last month, Australian renewable power generation and energy storage developer Genex Power has received a revised acquisition offer from Japanese energy company and anchor investor J-Power.
Epic secures connection agreement for 200 MWh battery
South Australian energy infrastructure company Epic Energy has secured a connection agreement for a 100 MW / 200 MWh battery energy storage system that is to be installed alongside the company’s two solar farms at Mannum in the state’s Riverland region.
Solar’s heavy lifting is Queensland’s ray of hope to hit transition target
New modelling shows that Queensland is on target to achieve its 80% renewable energy goal by 2035 with 13 new large-scale solar and wind projects with a combined 4.38 GW of generation capacity likely to be commissioned within the next three years.
Utility-scale PV cheapest power source in Asia Pacific, says WoodMac
Wood Mackenzie says the levelized cost of electricity in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.
Glenrowan Solar Farm reaches full capacity in quick time
Less than 12 months after construction began in northern Victoria and the 102 MW Glenrowan Solar Farm has been completed and commissioned and is now operating at full unconstrained capacity.
Fortescue pushes back decision on Gibson Island hydrogen project
Fortescue and renewable energy developer Genex Power have again pushed back the sunset date on their 25-year solar supply deal for the 70,000-tonne green hydrogen production facility being developed at Gibson Island in Queensland.
ACEN lands loan to boost renewables expansion in Australia
Philippines-based energy company ACEN Corporation has secured a $150 million funding package that will bolster its plans to deliver a 9 GW portfolio of solar, wind, battery storage and pumped hydro projects in Australia.
Shining a light on module quality
With solar panel prices tumbling, project developers will need to be vigilant about quality. Comprehensive product testing could be a vital safeguard as PV manufacturers struggle to retain their margins, according to Everoze’s Martin Laing and Gauthier Dambrine.
EDF to drive development of 3 GWh pumped hydro project
The Australian arm of French energy giant EDF Group has acquired and agreed to co-develop the proposed 300 MW / 3 GWh Dungowan pumped hydro energy storage project being progressed in the New South Wales New England region.
