Amber eyes international market after $29 million raise
Commonwealth Bank-backed energy retailer and technology company Amber Electric has raised $29 million (USD 18.9 million) in capital that is earmarked to scale the business in Australia and to take its battery and electric vehicle automation software offshore.
Melbourne partners with Origin Zero on city-wide battery project
The City of Melbourne has partnered with Origin Zero to deliver three battery energy storage systems as part of its plan to establish a network of co-ordinated community batteries across the city to better manage the increasing penetration of rooftop solar and periods of peak demand on the network.
Market analyst calls for change as solar farm development slows
A slowdown in large-scale solar farm development has not been enough to derail near record annual growth in Australia’s solar market with data from SunWiz showing 4.6 GW of PV capacity was installed across the country in 2023.
EDP snaps up 1.5 GW portfolio in Australian market move
Global clean energy major EDP Renewables has expanded its presence into Australia with the acquisition of Canberra-based solar and energy storage developer ITP Development in a deal that adds more than 1.5 GW of wind and solar projects to its portfolio.
Edify gets green light for Queensland hydrogen hub
Australian renewables developer Edify Energy has been tapped by the federal government to lead the development of a hydrogen hub in the north Queensland city of Townsville as it looks to take advantage of growing global demand for green hydrogen.
FranklinWH scores ticks of approval for home energy management system
A new AC-coupled residential storage solution, which integrates the use of solar, battery storage, energy control and management technologies, will be available to consumers in South Australia and Victoria after the product secured approval for use in the two states.
Ace Power lands connection agreements for battery pair
Renewables developer Ace Power has secured its first grid connection agreements with the market operator for two battery energy storage projects in Australia, in what it says is a major milestone for the company.
Rystad tips Australian projects to help propel global green hydrogen growth
Rystad Energy has countered the International Energy Agency’s recent “reality check” for the green hydrogen sector, predicting the momentum behind renewable-based hydrogen will gather pace in 2024 as global renewable energy capacity continues to expand rapidly.
New joint venture targets 2 GW solar and storage build-out
Hong Kong-based private equity firm Gaw Capital Partners has teamed with Asian energy storage business BW ESS in a renewable energy venture that intends to develop more than 2 GW of utility-scale solar and battery projects in Australia.
Energy transition speeds up as rooftop PV records tumble
Australia’s rooftop solar sector continues to shine bright with new data from the Australian Energy Market Operator revealing that distributed PV output across the main grid reached a record high in the final quarter of 2023.
