Origin presses go on 650 MWh grid-forming battery in Victoria
Origin Energy has issued a notice to proceed to EPC contractor Fluence for its 300 MW / 650 MWh battery energy storage project planned for Mortlake in southwest Victoria, progressing the company’s goal to build its renewables and storage portfolio to 4 GW by 2030.
Spain announces $1.24 billion incentive scheme for clean-tech manufacturing
Spain’s government has submitted a new incentive scheme to a public consultation. It is designed to support the development of a clean-tech supply chain in the country, including the production of batteries.
Collie Battery to get slice of Neoen’s $1.1 billion finance pie
The 219 MW / 877 MWh Collie Battery Stage 1 project being constructed in Western Australia’s southwest is the first new asset to be financed through a landmark $1.1 billion deal completed by French renewables developer Neoen.
NSW announces $275 million in green manufacturing grants
The New South Wales government has launched a $275 million initiative to stimulate local production and manufacturing of renewable energy generation, storage and transmission components as it seeks to deliver on the state’s clean energy ambitions.
Corporate PPAs hit record high in 2023, says BloombergNEF
BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.
The path beyond 5 TW
With the COP28 climate summit in Dubai resulting in a pledge of at least 11 TW of renewables generation capacity by 2030, Bruce Douglas, chief executive officer (CEO) of the Global Renewables Alliance (GRA), examines the outcomes of the conference and their likely impact on the solar industry.
Amber eyes international market after $29 million raise
Commonwealth Bank-backed energy retailer and technology company Amber Electric has raised $29 million (USD 18.9 million) in capital that is earmarked to scale the business in Australia and to take its battery and electric vehicle automation software offshore.
EDP snaps up 1.5 GW portfolio in Australian market move
Global clean energy major EDP Renewables has expanded its presence into Australia with the acquisition of Canberra-based solar and energy storage developer ITP Development in a deal that adds more than 1.5 GW of wind and solar projects to its portfolio.
Edify gets green light for Queensland hydrogen hub
Australian renewables developer Edify Energy has been tapped by the federal government to lead the development of a hydrogen hub in the north Queensland city of Townsville as it looks to take advantage of growing global demand for green hydrogen.
New joint venture targets 2 GW solar and storage build-out
Hong Kong-based private equity firm Gaw Capital Partners has teamed with Asian energy storage business BW ESS in a renewable energy venture that intends to develop more than 2 GW of utility-scale solar and battery projects in Australia.
