$500,000 ANU battery research win on back of Eku Energy’s big BESS build
London-headquartered Eku Energy has committed $500,000 to the Australian National University’s battery storage and grid integration program as construction begins on the Williamsdale big battery in the Australian Capital Territory.
Energy transition named priority area in new Future Fund’s investment mandate
The energy transition has been named a priority area for investment, specificially with Melbourne-based developer Tilt Renewables, in a new investment mandate in Australia’s sovereign Future Fund.
Farmers and regional communities forecast to reap billions from clean energy shift
Payments to farmers and landholders hosting large-scale renewable energy projects across Australia’s main electricity grid are expected to top $1 billion by 2030 and could reach up to almost $10 billion by 2050.
Iberdrola strikes renewable energy supply deal with 13 NSW councils
The Australian arm of Spanish energy company Iberdrola has struck a renewable energy supply agreement to provide 13 regional New South Wales councils with more than 390 GWh of electricity through to the end of 2030.
Australia pledges $125 million to support Pacific’s renewable energy shift
The Australian government has announced a $125 million funding commitment to help deliver off-grid and community scale renewable energy projects in remote and rural parts of the Pacific.
Victoria renewables supply chain boosted by manufacturing grants scheme
Four Victorian businesses manufacturing renewable energy technology components and products have been awarded grants through the state’s $1 million Made In Victoria energy technologies manufacturing program.
Investment in firmed renewables a key to securing domestic green iron production
Independent clean energy think tank Climate Energy Finance has called for a $20 billion Future Fund mandate to enable renewables-powered processing of green metals and for measures to accelerate investment in firmed renewable energy at scale.
Third CIS tender seeks 4 GW / 16 GWh dispatchable capacity for the NEM
The Australian government’s Capacity Investment Scheme Tender 3 has opened seeking 4 GW / 16 GWh of dispatchable capacity for the National Electricity Market, with Victoria receiving the largest slice of the pie with a 1 GW / 4 GWh allocation.
Global partnership opens new opportunities for Zen Energy
Australian energy gen-tailer Zen Energy is considering offshore opportunities, eyeing energy storage and green hydrogen projects in Taiwan and potentially other countries after securing a $43 million investment from Taipei-listed developer HD Renewable Energy Co.
1.4 GW of new renewable generation gets go-ahead for construction
Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial commitment in the third quarter of 2024.
