Energy major AGL will invest $150 million for a 20% stake in smart energy platform Kaluza in a move the utility hopes will radically transform its retail operations and deliver significant savings.
A West Australian government virtual power plant technology pilot, Project Symphony, has successfully proven rooftop solar, batteries and major appliances can play an integral role in the state’s energy transition and create $920 million in value over the next decade.
Clean energy technology company Enosi Energy has entered into a first of its kind initiative with real estate investment business EG Funds using a matched energy supply agreement to bulk up renewable energy used by Sydney commercial properties.
The Australian Energy Market Operator has begun consultations with industry to develop a common digital platform in a bid to make the orchestration of rooftop solar, batteries, grid-connected electric vehicles and other consumer energy resources easier.
Andrew Forrest’s Squadron Energy has lodged documents with the New South Wales government in a forward step on its proposed 2 GW Koorakee Energy Park that is to include a 1 GW solar farm and 1 GW of wind energy backed by a 1 GW / 12 GWh battery energy storage system.
Australian battery technology startup Relectrify plans to scale up the adoption of its cell-level battery control technology by international manufacturers of grid-scale and commercial and industrial battery energy storage systems after closing a multi-million dollar round of funding.
Western Australian regional energy provider Horizon Power has begun the search for electricity supply solutions that maximise renewable energy sources like solar to power five remote communities in the Kimberley region, reducing their reliance on fossil-fuel generation including diesel and gas.
Queensland government-owned energy company Energex is pushing ahead with the deployment of up to 35 pole- and ground-mounted community batteries in the city of Ipswich as it explores how to best store and reuse solar energy from the state’s approximately 1 million rooftop solar systems.
Building clean-tech manufacturing in Australia could generate $215 billion in domestic revenue and create 53,000 new jobs by 2035, according to a new report published by independent think tank Beyond Zero Emissions.
Modelling by The Australia Institute asserts that if the country’s commercial and institutional buildings shifted just one third of their electricity consumption to the middle of the day when there is a peak in solar supply it would deliver new peak capacity in the energy market of almost 12 GW.
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