Four Queensland towns funded to switch from diesel to solar and batteries
Four western Queensland communities powered by state-owned diesel generators are set to switch to solar and batteries, including Boulia, Burketown, Doomadgee and Windorah.
Rewiring WA: state to receive $3 billion for transmission
Australia’s federal government has allocated $3 billion (USD 1.93 billion) from its Rewiring the Nation program to upgrade Western Australia’s two islanded grids, which lag the eastern states in their renewable energy share.
Renewable PPAs see Sydney councils save $36 million
An alliance of eight Sydney councils have saved their ratepayers over $36 million (USD 23 million) by organising 100% renewable energy power purchasing agreements and working together on local energy projects.
New funding to make microgrids reality for First Nations communities
The development and deployment of renewable energy-based microgrids in First Nations communities in regional and remote Australia is to be accelerated as part of a new $125 million (USD 80 million) program financed by the federal government.
TotalEnergies acquires full stake in Total Eren
TotalEnergies has increased its stake in French renewables giant Total Eren from 30% to 100%, a transaction that values the independent power producer at almost $5.0 billion (EUR 3.5 billion).
APA to acquire Alinta’s Pilbara assets in $1.7 billion deal
Australian gas infrastructure major APA Group has announced it will purchase Chinese-owned utility Alinta Energy’s remote power assets in Western Australia’s Pilbara region in a deal worth more than $1.7 billion (USD 1.1 billion) as it seeks to reduce its exposure to fossil fuels.
Meyer Burger shifting focus to US market
Switzerland-based manufacturer Meyer Burger is now prioritising the establishment of new module and cell production facilities in the United States, driven by favourable market conditions in the country.
CEFC warns more needed after record investment in renewables
The Australian government’s green bank has invested a record $1.2 billion (USD 770 million) in large-scale renewables projects in the past financial year but has warned “a lot more” needs to be done to reach 82% renewables by 2030.
Atmos adds 112 MW solar farm to renewables portfolio
Australian clean energy outfit Atmos Renewables has acquired the 112.5 MW Karadoc Solar Farm in northwest Victoria after striking a deal with German-headquartered renewable energy developer BayWa r.e..
Switch to all electric tipped to save households $4,320 a year
Australian households that make the shift to all-electric energy-efficient appliances, combined with solar panels, battery storage and electric vehicles, could save $3,500 a year by 2030 and $4,320 by 2050 compared with a fossil-fuelled household that relies on gas appliances and petrol or diesel vehicles.
