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Markets & Policy

Redback Technologies exits voluntary administration

Australian battery and inverter manufacturer Redback Technologies has exited voluntary administration and is now under the control of new owners Australia Ebon Group.

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RES acquires 320 MW management contract book to boost Australian presence

United Kingdon-based developer Renewable Energy Systems has expanded its presence in the Australian market with the acquisition of Windlab’s asset management portfolio, including the 60 MW Kennedy Energy Park in northern Queensland.

Southern states guaranteed 1.7 GW in national renewable energy tender

Tasmania and Victoria have been guaranteed a combined 1.7 GW of the 6 GW of new variable renewable energy projects the Australian government is targeting as part of what is the largest single renewables tender in the country’s history.

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Sunrise briefs: Italy bans solar from agricultural land

Also on the rise: Global solar cell and module manufacturing capacity grew by about 550 GW in 2023; Malaysia launches incentive scheme for residential solar; new solar module recycling process; and more.

Queensland boosts Stanwell battery capacity to 1.2 GWh

The capacity of a battery energy storage system to be built alongside the coal-fired Stanwell power plant in central Queensland has received a “mega boost,” increasing to 1.2 GWh as the state government looks to ramp up energy storage capacity to support the transition to renewables.

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New funding puts Hysata on path to giga-scale manufacturing

Australian green hydrogen technology company Hysata is aiming to increase its manufacturing capacity to the giga-scale after securing backing from a syndicate of global investing heavyweights in a record-breaking Series B raise.

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Battery technology key to $215 billion domestic revenue boost: new report

Building clean-tech manufacturing in Australia could generate $215 billion in domestic revenue and create 53,000 new jobs by 2035, according to a new report published by independent think tank Beyond Zero Emissions.

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Investors look offshore as red tape threatens Australian renewables target

Fast-track approvals legislation in New Zealand is catching the eye of renewable energy investors in Australia amid concerns that bureaucratic red tape is impacting the timely delivery of key clean energy generation and storage projects.

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Report shows using buildings as batteries offers 12 GW of new peak capacity

Modelling by The Australia Institute asserts that if the country’s commercial and institutional buildings shifted just one third of their electricity consumption to the middle of the day when there is a peak in solar supply it would deliver new peak capacity in the energy market of almost 12 GW.

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Defence boosts energy security with 11 MW NT solar farm activated

Australia’s Department of Defence has activated its largest solar farm yet, flicking the switch on an almost 11 MW PV power plant at the Robertson Barracks in the Northern Territory.

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