Markets

The first stage of Neoen’s gigantic $3bn Goyder South Project in South Australia has received planning approval on the same day the French renewables company set out ambitions to exceed 10 GW in capacity by 2025, expansion largely planned in leading markets such as Australia.

Market analyst Fitch Solutions has raised its expectations for renewables in Australia, citing the country’s unrivalled green hydrogen project pipeline and its commercially viable large-scale battery storage sector.

London-based Eco Energy World, which is already developing at 300 MW solar project north of Gladstone, Queensland, has announced that it is going to combine the solar plant with a 200 MW hydrogen plant and 100 MW of energy storage for green hydrogen exports to the global market.

Australian company Redflow has made its single largest sale, supplying 192 zinc-bromine flow batteries to waste conversion specialists Anaergia for US$1.2 million.

Not all rooftops can bear the weight of glass PV modules. Some others have curves and shapes ill-suited to uniform, bulky panels. Flexible modules have long been advanced as the solution here, however the keys to unlocking this potential have proven elusive.

Last year the New South Wales Government announced plans to retire several of the iconic Manly ferries and replace them with smaller vessels. However, the recent launch of the world’s largest electric ferry in Norway has one Aussie billionaire asking whether the new Manly ferries should be electric?

Victorian electricity distributors Powercor and Citipower are setting out to alleviate grid congestion in area of high solar penetration, particularly in Western Victoria. The works are designed to increase the ability of rooftop solar owners to export solar to the grid amid the continuing uptake of residential solar.

Mars Australia has signed a massive power purchase agreement with Victoria’s largest solar farm, Total Eren’s Kiamal Solar Farm, to offset 100% of its electricity with solar power. The confectioner has six factories and two offices in Australia which used over 850 GWh of energy in 2020, energy supplied by solar from now on.

Australia’s laggardly uptake of electric vehicles is set for a boost after Origin Energy announced a partnership with Custom Fleet to provide a holistic solution to EV fleet transition. Fleet cars make up almost half of all new car sales in Australia and upgrading Australia’s commercial vehicles to electric is seen as key to reducing transport emissions.

The facility is expected to be located in the state of Ceará and to be powered by around 3.6 GW of wind and solar facilities located in the region. The project developer is Australia-based Enegix Energy.