Markets & Policy

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.

Australian clean energy developers Atmos Renewables and Nomad Energy have unveiled plans for a 100 MW / 400 MWh battery energy storage project that marks the start of a collaboration that is expected to deliver more than 1 GW of renewable energy projects in Western Australia by 2030.

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.

The MidCoast Council in the New South Wales Hunter region has made the shift to solar to help power its water and sewer infrastructure as part of a broader commitment to powering all council operations with 100% renewable energy by 2040.

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.

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.

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.

Resources giant Rio Tinto has signed Australia’s largest yet corporate power purchase agreement – agreeing to buy 100% of the output from European Energy Australia’s 1.1 GW Upper Calliope Solar Farm to provide renewable power to its aluminium operations in Queensland.

Renewables company ITP Development will continue to look for opportunities in regional New South Wales despite the Land and Environment Court having killed off the company’s plans to build a large-scale solar farm near Mudgee in the state’s central west.

Renewable energy generators chasing access rights to the new Central-West Orana Renewable Energy Zone network will be presented with a streamlined application process as the New South Wales government prioritises achieving financial close on the network project.