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Kidston solar-pumped hydro project resumes with funding extension

After Genex Power’s offtake agreement with EnergyAustralia fell through earlier this month its concessional federal funding lapsed. However, the Project has secured an extension into 2020, hopefully allowing it enough time to restructure and reach financial close.

Tesla to build first European gigafactory in Germany

Elon Musk has promised a fab near Berlin that will help create up to 10,000 new jobs. Tesla wants to build the facility near the city’s controversial new BER airport.

Qantas flying toward sustainable aviation

Qantas has set itself a 2050 net-zero carbon emissions target as the national carrier looks to push the aviation industry toward more sustainable practices.

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The journey to NEM 2.0

Australia made its first moves to open up its energy industry in the 1990s, when the National Electricity Market (NEM) was first created, and many of the rules and regulations from back then are still in place today. But the rise of renewables in the 21st century, argues Clean Energy Investor Group Chair Rob Grant, necessitates a rethink of this market structure.

Clean energy industry fears new transmission access rules will stymie investment

The Australian Energy Market Commission’s proposed transmission access model has come under fierce criticism from the clean energy industry for being unnecessarily complex and likely to increase the cost of capital for future generation and storage investment.

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New Zealand passes landmark climate change bill

New Zealand claims antipodean bragging rights yet again as parliament passes landmark bill setting a 2050 net-zero carbon emissions target. The bill, among its manifold components, further highlights the void of federal energy policy in Australia.

South Australia’s renewables gain dispatchable back-up

South Australia’s renewables, particularly wind, have received firm dispatchable back-up as Barker Inlet Power Station begins generating energy for the first time.

Same same but different module

Utility-scale solar is booming in Australia. Quality assurance, especially solar panel testing, helps achieve better performance and lower costs. Best-practice testing is key, writes Michelle McCann, managing partner at PV Lab Australia, but must be planned and fully integrated into a project from an early stage. This integration ensures flow-through from panel manufacturers to commercial buyers and large project owners.

Distributed storage market to grow nearly twentyfold by 2028

Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions for now.

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Shell to enter Australian electricity market as ERM stakeholders approve takeover bid

Fossil fuel giant Shell is set to make its foray into Australia’s electricity market after shareholders in electricity retailer ERM Power voted in favour of a $617 million takeover bid.

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