World’s first offshore solar-wind project moves forward
An offshore solar farm is being deployed close to an existing wind farm as part of a project in the Dutch North Sea. The developers have recently installed an anchoring system that will hold the solar farm in place while an electrical cable connects the array to a nearby wind turbine foundation.
Kite Magnetics nets $3.6 million to scale up production of EV tech
Victorian startup Kite Magnetics has secured a $3.6 million investment from one of the world’s biggest producers of battery-grade lithium chemicals to scale up production of a patented nanocrystalline magnetic material designed to improve the performance of electric motors and generators.
AEMO kicks off consultation on electricity network options
With cost estimates for overhead transmission line projects blowing out by up to 55%, the Australian Energy Market Operator has launched formal consultation on a draft report outlining a range of new and updated transmission network developments along with distribution network augmentation options.
Potentia celebrates delivery of 93 MW Girgarre solar project
Potentia Energy, the recently renamed joint venture between Italy’s Enel Green Power and Japan’s Inpex, has announced the successful delivery of the 93 MW Girgarre Solar Farm in Victoria.
NSW government throws weight behind first urban renewable energy zone
EnergyCo and New South Wales government representatives have given impetus to the proposed Illawarra renewable energy zone, tipped to be the state’s first urban REZ, and setting a benchmark for future clean energy collaborations.
Kaluza acquires Australian energy software specialist Beige Technologies
United Kingdom-headquartered energy software platform Kaluza has acquired Melbourne-based technology company Beige Technologies’s boosting platform capabilities for energy suppliers to the commercial and industrial sector.
AEMO provides connection approval for DC-coupled solar and storage project
Construction of a 300 MW solar farm and 486 MWh battery energy storage project planned for southeast New South Wales is scheduled to commence later this year after developer Octopus Investments Australia received critical grid connection approval.
US private equity giant targets Australia, UK with renewables platform
United States-headquartered private equity group Carlyle has launched a new clean energy infrastructure platform focused on developing and operating a portfolio of utility-scale renewables projects in Australia and the United Kingdom.
Elements Green lands connection approval for hybrid project
Renewables developer Elements Green says the start of construction for what it describes as Australia’s largest hybrid solar and storage project to date is now within reach after receiving the tick of approval for grid connection.
WoodMac tips Australia to fall short of 82% renewables goal
Global analytics firm Wood Mackenzie predicts Australia will fall well short of its target of 82% renewable generation by 2030 due to grid connection delays, inadequate investment and moves from some state governments to scale back their clean energy ambitions.
