Lithium battery recycling study awarded share in $1 million electrification grant
The New South Wales Electrification and Energy Systems Network has awarded over $1 million in seed funding for groundbreaking projects focused on reducing carbon emissions through electrification.
Edify’s hybrid projects get double tick from capacity investment scheme
Edify Energy has been awarded two Capacity Investment Scheme (CIS) agreements for its co-located hybrid Ganymirra and Majors Creek solar and battery power stations in Townsville, North Queensland.
Renewables research benefits from $9.87 million ARC Discovery grants
The Queensland University of Technology has been awarded $9.87 million from the federal government’s funding arm, the Australian Research Council’s (ARCs) Discovery grants program, to support 16 projects, including three focussed on research in hydrogen production, perovskite cells, and lithium ion batteries.
Low cost renewables still unbeatable after seven consecutive years: GenCost report
For the seventh year in a row, a CSIRO report has found renewables have the lowest cost range of any new-build electricity generation technology, with solar and wind coupled with firming technologies like batteries remaining the standouts.
$475 million rare earths refinery grant a critical win for renewable technologies
The Australian government has provided up to $475 million in additional finance to Perth-headquartered Iluka Resources to meet revised capital costs of building its $1.7 billion Eneabba Rare Earths Refinery project in Western Australia.
$25 million clean energy fund accelerates transition for multi-tenanted buildings
Deployment of solar panels, battery systems, heat pumps and electric vehicle chargers is driving a $25 million commitment by the Clean Energy Finance Corporation to ensure multi-tenant buildings aren’t left behind in the clean energy transition.
HMC Capital aquires all Neoen’s Victorian assets for $950 million
France-headquartered renewables developer Neoen has sold its Victorian assets in operation or under development for $950 million to Sydney-based asset manager HMC Capital, which includes the 128 MW Numerkah solar farm and 300 MW Victorian Big Battery.
Naturgy offshoot lands $2.3 billion to boost Australian renewables portfolio
Renewables developer Global Power Generation has landed $2.3 billion in financing to boost development of its 1.8 GW portfolio of solar, wind, and battery energy storage projects in Australia.
NRN to ramp up ‘no-cost’ solar and home batteries rollout
Clean energy infrastructure startup National Renewable Network aims to deploy no-cost solar and battery systems to 36,000 Australian homes over the next 18 months after raising $4.28 million in an oversubscribed funding round.
LCOE not correct optimisation parameter of PV plants, say researchers
New research shows the importance of considering power plant dispatchability in PV project planning. An international team of scientists claim assessing a project’s levelised cost of energy could be misleading, especially with variable and sometimes negative electricity prices.
