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Markets & Policy

UK renewables giant targets Australian solar with $145 million spending spree

UK-headquartered fund manager Glennmont Partners has its sights firmly set on the Australian renewable energy market after announcing it plans to acquire, build and operate a portfolio of large-scale solar farms and energy storage assets as part of a $145 million (USD 100 million) strategy.

Energy Australia fined $1.5 million after worker’s death

Energy Australia has been convicted and fined a total of $1.5 million (USD 1.04 million) following the tragic death of a worker at the Yallourn power station in Victoria’s Latrobe Valley.

Vast Solar lands $65 million for ‘first-of-a-kind’ concentrated solar power plant

Renewable energy developer Vast Solar will progress plans to deliver Australia’s first commercial-scale concentrated solar power plant after securing financial backing from the federal government to build a 30 MW/288 MWh facility near Port Augusta in South Australia.

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Weekend read: A battery of dilemmas

A surge of community battery trials in Australia is seeking to make better use of the country’s vast distributed solar resource. But the results so far have battered expectations. pv magazine Australia’s Natalie Filatoff and Bella Peacock explore the motivations, challenges, and outlook for sharing and monetising solar rooftop riches.

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Essential Energy backs battery to maximise solar generation and exports

Network operator Essential Energy has installed its first grid-scale battery energy storage system on the New South Wales electricity network as part of a “critical” trial designed to allow more renewable energy into the grid and drive better network utilisation.

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Australians encouraged to ‘give a XXXX’ as brewer opts for solar

Iconic Australian beer brand XXXX will be brewed using 100% clean energy after parent company Lion inked an agreement to source renewable power from Lightsource bp’s 176 MW Woolooga Solar Farm in southeast Queensland.

Lightsource bp lands 150 MW solar farm deal at NZ airport

Lightsource bp and ‘gen-tailer’ Contract Energy’s plans to build up to 380 GWh of annual generation of grid-scale PV in New Zealand by 2026 are now in motion with the companies chosen to develop what will be one of the nation’s largest solar farms on the South Island.

New EV battery offers 50% more energy density than traditional lithium-ion batteries

Ionblox says it will use $32 million of series B funding to support the buildout of a novel silicon anode electric vehicle battery.

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WA gets glimpse of energy future after Plico switches on VPP

Rooftop solar stronghold Western Australia has been offered a glimpse of its energy future with the market operator having activated its first virtual power plant to prevent household blackouts after heatwave conditions sparked concern for the state’s main energy grid.

Arnott’s Group links with Stanwell in shift to renewables

A 40,000 sqm factory in Virginia, Queensland, is to be powered with 100% renewable energy after Australian biscuit manufacturer Arnott’s Group signed a long-term power purchase agreement with energy generator Stanwell.

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