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Markets & Policy

Queensland targets solar and battery waste stream with $45 million commitment

Queensland businesses can now apply for up to $10 million funding for large-scale recycling projects that tackle commercial and industrial waste and provide recovery solutions for renewable energy technologies, including end-of-life solar panels and batteries.

Sydney property giant signs first-ever matched energy supply agreement

Clean energy technology company Enosi Energy has entered into a first of its kind initiative with real estate investment business EG Funds using a matched energy supply agreement to bulk up renewable energy used by Sydney commercial properties.

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Australia’s first large-scale solar and storage plant up for sale

Australia’s first large-scale solar and big battery storage installation – the Lakeland project in far north Queensland – has been placed on the sales block with MPower announcing it will use the proceeds to further expand its portfolio of PV and battery storage projects.

National renewables tender design emphasises social licence factors

Social licence commitments have been prioritised over commercial operation dates in the guidelines for Australia’s first national renewable electricity generation tender that is seeking to deliver 6 GW of renewable capacity across the National Electricity Market.

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Long-duration energy storage poised to outcompete lithium-ion batteries

While most long-duration energy storage (LDES) technologies are still early stage and costly compared to lithium-ion batteries, some have already, or are, set to achieve lower costs for longer durations, finds BloombergNEF.

Palisade secures new financing for Intera renewables push

Australian infrastructure asset manager Palisade Investment Partners has secured $258 million in new debt financing to back the further expansion of its gigawatt-scale renewable energy platform.

Victorian town turns to solar and storage for energy security

A solar-powered microgrid has been launched in the Victorian town of Monbulk as part of a $7.5 million state government program designed to better protect communities in fire and storm-prone areas against prolonged blackouts caused by extreme weather events.

Transgrid reaches milestone on $2.3 billion interstate transmission project

Construction of Australia’s largest energy transmission project is progressing with Transgrid announcing that the first of four lines has been completed as part of the 900-kilometre EnergyConnect infrastructure project that will link power grids across three states.

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CEFC urged to pick up pace with household energy upgrades fund

The federal government has been urged to pick up the pace after the Clean Energy Finance Corporation opened the purse strings on a $1 billion fund that is to support cheaper finance for rooftop solar, home batteries and other energy efficiency upgrades for Australian homes.

Community battery rollout picks up pace adding 980 kWh capacity in NSW

The deployment of community batteries rolls on in New South Wales with network operators Endeavour Energy and Ausgrid both launching new energy storage systems on their networks.

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