Origin shareholders have voted down the Brookfield-led takeover bid, likely ending what would have been one of Australia’s largest corporate buyouts. The failure of the deal concludes 18-months of bids by private capital to accelerate the sluggish transition of Australia’s two biggest ‘gentailers.’
The Queensland government has announced that state-owned CleanCo is now providing Coles stores with renewable energy for 95% of its electricity needs in Queensland.
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
For the seventh year in the row, China-based Contemporary Amperex Technology Co. (CATL) looks set to claim the title of the world’s biggest battery maker. There are a number of reasons why it continues to maintain its lead in the electric vehicle (EV) and battery energy storage system (BESS) markets.
Hanwha Qcells has closed its 3.5 GW solar factory in South Korea as part of plans to optimise its PV module production capabilities amid a stagnant domestic solar market.
Energy giant BP announced today it would take full ownership of solar and wind energy developer Lightsource BP once a deal – pertaining to the purchase of the remaining renewables company’s shares BP does not own – goes through next year.
A study by engineers at UNSW, published in the Renewable Energy journal, shows that aerosols and greenhouse gas emissions reduce the productivity of photovoltaic installations and that this differs according to the global region.
Lodestone Energy has started generating electricity at its solar farm in Kaitaia, New Zealand’s largest solar farm and first utility scale solar installation to date.
The sun is shining, the weather is sweet. In this Opinion and Analysis piece, Lumi Adisa, Director of Energy Market Analytics at NEOM and ex-Investment Director of Energy Markets at Octopus Investments Australia, presents a deep dive into the unprecedented impact of rooftop solar in the NEM. As rooftop solar continues to drive changes in the intraday demand and price trends, it is evident that customers will remain a significant part of the energy transition for years to come.
Planning permits have been granted to two large battery projects by Victoria’s planning department: the existing Elaine Battery Energy Storage System (BESS) by Akaysha Energy has been approved for expansion at its four-hour energy battery, and Flow Energy’s BESS project at Bennett’s Creek that will further transform the former coal country into a hub for 24/7 renewable energy.
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