Major NSW transmission projects get a towering $1.9 billion CEFC investment
The Clean Energy Finance Corporation has committed up to $1.9 billion to back developer Transgrid in delivery of tranmissions projects HumeLink and the New South Wales side of the Victoria-NSW Interconnector.
Kiwi developer’s 20 MW solar array to power 2,000 homes from 2025
Aotearoa New Zealand developer Far North Solar Farm has 70% of modules installed at its 20.8 MW Pukenui solar farm, earmarking early 2025 to start generating electricity.
Global expansion for Azzo technology made possible through USA investment
A United States clean energy investment company has backed Australian technology company Azzo to accelerate worldwide growth of its energy systems management platform.
WA capacity pricing benchmark swaps gas for batteries, and ups returns 57%
The Western Australian Economic Regulation Authority has determined both the peak and flexible benchmark reserve 2027/28 capacity prices to be $360,700 / MW / year, and represents a jump of 57% on the previous year.
Neoen lands $1.4 billion debt finance for an additional 1.3 GW of renewables
French renewables developer Neoen has more than doubled its Australian renewable energy portfolio financing by securing a further $1.4 billion of debt for an additional 1.3 GW of wind, solar and storage assets.
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.
