Resources giant Rio Tinto has signed Australia’s largest yet corporate power purchase agreement – agreeing to buy 100% of the output from European Energy Australia’s 1.1 GW Upper Calliope Solar Farm to provide renewable power to its aluminium operations in Queensland.
Renewables company ITP Development will continue to look for opportunities in regional New South Wales despite the Land and Environment Court having killed off the company’s plans to build a large-scale solar farm near Mudgee in the state’s central west.
Renewable energy infrastructure developer Harmony Energy will team with New Zealand clean energy aspirant First Renewables to build what is expected to be the largest solar farm in the country when it is commissioned in 2026.
Renewable energy generators chasing access rights to the new Central-West Orana Renewable Energy Zone network will be presented with a streamlined application process as the New South Wales government prioritises achieving financial close on the network project.
Scientists conducting a five-year research project in the United States have observed a tripling of insect numbers near two solar facilities built on rehabilitated agricultural land. They say the findings show how habitat-friendly solar could help protect insect populations and improve pollination in nearby agricultural fields.
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to United States-headquartered consultancy Mercom Capital Group.
Mega-miner BHP has reportedly put a request for proposal out to energy suppliers seeking new wind, solar and battery energy storage capacity as it progresses plans to electrify and decarbonise its mining operations in Western Australia’s Pilbara region.
The Clean Energy Investor Group has warned that solar farms in southwest New South Wales and northwest Victoria could suffer from “large and unpredictable” swings in revenues because of material changes in marginal loss factors.
New Zealand renewables developer Lodestone Energy has received planning consent for three new large-scale solar farms on the country’s South Island as it continues the roll out of a PV strategy that it expects will deliver more than 500 GWh in solar generation.
Frontier Energy has revised its strategy for the first stage of the proposed Waroona Renewable Energy Project being developed in Western Australia’s southwest to include a four-hour 80 MW battery energy storage system in a move that is expected to have significantly better economics than solar alone.
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