The Clean Energy Finance Corporation will help small-to-medium sized businesses finance a broad range of clean energy technologies making electric vehicles, roof top solar, batteries, and more efficient farming equipment, cheaper.
The federal treasurer Jim Chalmers has presented the Future Made in Australia Bill to parliament taking the next step to bringing into law pathways to help make Australia a renewable energy superpower.
The ball is rolling on the Australian government’s pending Capacity Investment Scheme Tender 2 focussing on the Western Australian Wholesale Electricity Market and which seeks an indicative target of 500 MW of four-hour equivalent dispatchable capacity, or 2,000 MWh.
The Australian government has beefed up its commitment to community batteries to support the integration of renewable energy in the grid with more than 420 battery energy storage systems to be installed in neighbourhoods across the country as part of its Community Batteries for Household Solar program.
The Maryvale solar and battery hybrid project being developed in central western New South Wales in one of two renewables projects with a combined generation capacity of 312 MW that have secured long-term energy service agreements through the state government’s latest tender round.
Singapore-based renewable energy fund manager SC Oscar has snapped up New Zealand solar project developer Rānui Generation as part of its strategy to build a portfolio of renewable energy assets in both New Zealand and Australia.
Seven transmission projects valued at $7.9 billion are declared newly actionable in the Australian Energy Market Operator’s 2024 Integrated System Plan, to progress the 10,000 km of new transmission lines needed to achieve a net zero economy by 2050.
Queensland-headquartered battery manufacturer Redflow has secured almost $20 million in government funding in the United States for a 6.6 MWh zinc-bromine flow battery energy storage system to be deployed in California.
Australia’s first national Capacity Investment Scheme auction has been inundated with expressions of interest, with the federal government revealing that investors have tabled 40 GW of new renewable energy generation projects such as wind and solar.
Climate change and energy received a $3.5 billion commitment in the New South Wales Budget on 18 June, plus $3.1 billon to deliver renewable energy zones, which got an extra $128 million boost to upgrade roads between them and the Port of Newcastle.
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