EV uptake helping drive increased demand for green steel
Emissions from steel production each year equal those of a major developed economy. Yet steel is a crucial material to support the energy transition, among its many other applications – making its supply essential. Enter green steel, the production of which interrelates with solar, wind, and green hydrogen in intriguing ways.
Regulator points to record-breaking year for renewables
Australia is on track to add a record 7.5 GW of renewable energy capacity to the grid this year according to modelling published by the federal government’s Clean Energy Regulator.
Wartsila says signals must be right to safeguard battery investment
One of the biggest players in Australia’s surging battery energy storage system market says regulators and policy makers must establish effective frameworks for market access and get the market signals right to ensure continued investment.
Tender launched seeking 6 GW of wind and solar for NEM
Registration for the Australian government’s fourth Capacity Investment Scheme tender is now open with this latest competitive auction for underwriting contracts targeting 6 GW of new solar and wind projects.
LCOE not correct optimisation parameter of PV plants, say researchers
New research shows the importance of considering power plant dispatchability in PV project planning. An international team of scientists claim assessing a project’s levelised cost of energy could be misleading, especially with variable and sometimes negative electricity prices.
Solar projects forecast to drive $5.4 billion construction boom to 2026
A Sydney-headquartered industry research and forecasting company Macromonitor report has forecast investment in solar will rise 70% over the coming two years to $5.4 billion but overall renewable energy generation infrastructure investment will peak soon after.
WA gets 800 MWh renewables boost with completion of Kwinana stage two
Western Australia’s state-owned gentailer Synergy has completed the installation of Kwinana battery Stage 2, and together with Stage 1 will power 450,000 Perth households for up to four hours.
Trina seeks approval for 1 GWh battery project in Victoria
Chinese solar giant Trina Solar has lodged plans to build a 1 GWh battery energy storage system in Victoria as part of a broader strategy that aims to deliver more than 6.5 GW of large-scale renewable energy generation and storage projects across Australia.
NEM review takes pro-active approach to future-proof rapid renewables uptake
Future-proofing a grid after coal-fired power generation phases out, has prompted an Australian government review of the National Electricity Market to promote investment in firmed reliable renewable energy such as rooftop solar, utility scale projects, and storage capacity.
Vast unlocks funding to fuel concentrated solar power plant plans
Vast Renewables has unlocked $30 million of federal government funding which it says will help ramp up manufacturing capacity for its concentrated solar thermal technology and advance construction plans for its first large-scale solar thermal project.
