Eraring extension sparks renewables investment concerns
Origin Energy’s decision to extend the operation of Australia’s largest coal-fired power station until 2029 has come under fire with the Institute for Energy Economics and Financial Analysis warning it creates uncertainty that could threaten new renewables investment.
Small-scale battery uptake exceeds 4.7 GWh capacity in six months
Australian households, small businesses and community organisations have installed a record-setting 200,000 battery energy storage systems since the launch of the federal rebate in July with the $7.2 billion initiative now expected to deliver more than 2 million home batteries by 2030.
National recycling pilot to address solar panel waste issues
The Australian government will pump almost $25 million into a national solar panel recycling program in a bid to reduce landfill and recover valuable metals and minerals that can support the renewable energy transition.
Market newcomer Anza Power lands 1.4 GW solar, 3.4 GWh battery pipeline
Renewable energy platform Anza Power has launched in the Australian and New Zealand markets with the acquisition of a 1.4 GW pipeline of solar developments and more than 3.4 GWh of battery energy storage projects from developer Bison Energy.
Buyers line up to take look at Zen Energy portfolio
Renewable energy developer and retailer Zen Energy is up for sale with the Australian firm’s expanding portfolio of solar and energy storage projects and offtake agreements attracting interested from both local and international investors.
WA launches $9 million funding round open for clean energy projects
The Western Australian government has opened a new round of funding under its $37 million Clean Energy Future Fund with $9 million available to back “practical” clean energy projects that help diversify and decarbonise the state’s economy.
WA backs Traditional Owners’ 5 GW green energy parks target
The Western Australia government has committed $2.7 million to support a Traditional Owner group in its bid to develop solar and battery energy storage projects with up to 5 GW of capacity in the state’s Pilbara region.
Flow Power reaches financial close on first standalone battery
Renewables developer and electricity retailer Flow Power has reached financial close on its Bennett’s Creek battery energy storage project being developed in the heart of Victorian coal country.
IND targets global rollout of grid fault detection technology
IND Technology, the electricity grid safety start-up that was spun out of RMIT, has raised $50 million to help accelerate the global rollout of the company’s early fault detection technology.
New tool tracks Australian government renewable energy investments
The agency tasked with helping manage Australia’s move to a net-zero economy has launched an interactive map featuring more than 800 Commonwealth-supported utility scale renewable energy and net-zero projects, transmission lines, and industrial projects.
