Markets

Victorian solar company Solar Run has identified Queensland’s “aggressive” renewable energy policies as the driver for the state’s impressive PV installation rates with new analysis showing it leads Australia with more than 54,000 installs.

The roll out of rooftop solar in Australia has slowed with a total of 248 MW of new capacity registered across the country in June, a 14% decline on the previous month and the lowest tally since January.

Australian flow battery specialist Redflow has struck a partnership with Queensland state-owned generation company Stanwell to work together on the development of a non-lithium long-duration battery energy storage solution for use in a 400 MWh project.

The Northern Territory government has detailed plans to convert one of the gas-fired turbines at the Channel Island power station to operate as a synchronous condenser as a new report reveals the Territory’s electricity system is in a “prime but precarious” position.

The Australian government has beefed up its commitment to community batteries to support the integration of renewable energy in the grid with more than 420 battery energy storage systems to be installed in neighbourhoods across the country as part of its Community Batteries for Household Solar program.

The Maryvale solar and battery hybrid project being developed in central western New South Wales in one of two renewables projects with a combined generation capacity of 312 MW that have secured long-term energy service agreements through the state government’s latest tender round.

China, with an 18% share of the global population, uses 26% of the world’s primary energy and emits 33% of the world’s energy-related CO2. The energy transition unfolding in the country isn’t merely a national affair as its ramifications echo globally, explains Mahnaz Hadizadeh, a researcher for consultancy DNV.

The Australian Energy Market Commission has published a final rule to speed up grid connections for new renewable energy generation and storage in light of the pace and scale of projects being built to achieve the national target of 82% of renewables by 2030.

Australian EPC contractor ACLE Services has broken ground on a 5 MW / 10 MWh battery energy storage project in northern Victoria that is the first in a planned pipeline of 27 batteries that will be rolled out across regional Australia delivering a combined capacity of 270 MWh.

Singapore-based renewable energy fund manager SC Oscar has snapped up New Zealand solar project developer Rānui Generation as part of its strategy to build a portfolio of renewable energy assets in both New Zealand and Australia.