Skip to content

Markets

Victorian water authority taps into large-scale renewable energy market

Victorian government-owned water authority GWMWater is branching into large-scale renewable energy generation with construction set to begin on a 6.5 MW solar array and battery energy storage system near the town of Nhill in the state’s west.

Former PM to chair fund planning 15 GW clean energy portfolio

Former Australian prime minister Julia Gillard has been named chair of a multi-billion renewable energy fund that is aiming to build a 15 GW portfolio of assets including wind, solar, and battery storage over the medium term.

1

Governments pump millions in to build ‘new energy’ workforce

The federal and state governments are stepping up their investments as they seek to deliver the army of skilled workers required to build the solar and wind farms, rooftop solar, battery storage and transmission infrastructure needed to achieve Australia’s renewable energy and emissions targets.

3

Rooftop solar install rates tracking 7% up on 2023

New data from market firm SunWiz shows Australian households and businesses installed a further 262 MW of solar on their rooftops during the month of April, pushing the year-to-date total up 7% on the corresponding time last year.

1

Victoria and SA energy storage tender attracts 19 GW of proposals

The federal government’s 32 GW Capacity Investment Scheme is already bearing fruit with a competitive tender seeking 600 MW of energy storage capacity in Victoria and South Australia attracting 19,000 MW of project proposals.

4

Powercor targets transmission licence to bring more renewables online

Victorian electricity distributor Powercor is seeking a licence to build new transmission infrastructure in a move it claims will provide faster grid connections for major projects such as solar and wind farms within its current distribution network area.

Redflow lands second US defence battery contract

Queensland flow battery company Redflow has won a second deal with the United States Department of Defence to supply a non-lithium energy storage solution that will be deployed to improve energy security at a major naval base in Italy.

1

Akaysha fast tracks 710 MWh of battery projects with new financing

Akaysha Energy has secured $250 million in new financing that will accelerate the development of two large-scale battery projects in Queensland set to add a combined 710 MWh of energy storage capacity to the National Electricity Market.

ASIC sues Magnis Energy over US battery plant

Australia’s corporate watchdog has filed a lawsuit against Sydney-based Magnis Energy Technologies and its executive chairman for allegedly failing to disclose details about the “true situation” at the lithium-ion battery company’s United States manufacturing facility.

AEMC takes bite out of NEM congestion with draft transmission access reform

The Australian Energy Market Commission has released a stakeholder driven consultation paper proposing a hybrid model to reform transmission access, aiming to minimise negative impacts on solar and other renewable investments being cannibalised by congestion.

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close