Shell moves to acquire German storage business Sonnen
In May 2018, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
Genex Power starts works on 250 MW pumped hydro project
With financial close still in the works, Sydney-based publicly listed Genex Power has moved on the Kidston Pumped Storage Hydro Project, part of its landmark renewable energy hub in far-north Queensland, signing an early works agreement with EPC contractors McConnell Dowell and John Holland.
ShineHub selects Hanwha Q Cells for its lease-to-own model in SA
Solar ‘lease-to-own’ installer ShineHub has chosen Hanwha Q Cells as preferred solar panel provider for its Community Solar Program under the South Australian battery scheme.
EnergyAustralia to help charities slash power bills with solar+storage
Backed by an estimated $15 million raised from the sale of renewable energy certificates, EnergyAustralia will install free solar PV and battery systems for participating charitable organizations, with the goal to connect them into a virtual power plant and slash their electricity bills by as much as 50%.
Melbourne trial looks to beef up grid for rooftop solar boom
A $2.2 million trial run by Jemena, AusNet Services, and UNSW Sydney will explore how existing network infrastructure can better integrate with solar power, as Australia’s rooftop PV uptake goes from strength to strength.
Disused zinc mine transforms into clean energy hub with compressed air storage
In an Australian first, Canada’s Hydrostor is delivering a 5 MW / 10 MWh compressed air energy storage facility, which will store excess solar and wind power at a closed underground mine in South Australia.
Redback added to SA Home Battery Scheme
Australian-based Redback Technologies is now eligible for subsidies under the South Australia Home Battery Scheme, alongside nine other brands. The company manufacturers its solar inverter-battery hybrid systems overseas.
Eni enters Aussie renewables market with acquisition of NT largest solar farm
Diversifying its gas-focused portfolio Down Under, the Italian oil group has acquired the Northern Territory’s largest solar project – the 33.7 MWp Katherine Solar Farm.
Western Australia launches strategy to fuel battery industry
With li-ion battery supply chains stretched by the rapid EV and energy storage uptake, Western Australia is looking to position itself at the forefront of global battery manufacturing. The state government has launched a strategy to grow WA’s future battery industry, which includes plans for an investment attraction strategy.
Tesla dives deeper into energy storage, as solar slumps
Elon Musk’s company is seeing tremendous success with its EVs and global manufacturing, and dramatically scaling its energy storage deployment, but the Solar Roof is still not being widely deployed.
