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Markets & Policy

Province hits pause on WA green hydrogen project

Plans for a 12 GW solar- and wind-powered green hydrogen project proposed for the Gascoyne region of Western Australia have been shelved with the developer citing waning investor interest amid a lack of “appropriate” state government support.

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Origin tops install rates as rooftop rollout reaches 278 MW for month

Origin Energy emerged as Australia’s largest rooftop solar installer in August with new data showing the nation’s households and businesses bolted on more than 28,000 PV systems with a combined capacity of more than 278 MW.

Singapore progresses its 4 GW clean energy import ambition with new agreements

Singapore has progressed its ambition to import 4 GW of low-carbon electricity by 2035 from neighbouring countries, which includes from Australia’s SunCable project, with the signing of two new agreements.

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Next wave of electricity generation hinges on oceans of opportunity

A wave energy convertor to be launched off the coast of Western Australia mid September 2024, is the subject of a feasibility study to demonstrate renewable electricity can be sourced from the ocean’s motion.

New utility-scale Wartsila battery energy storage system upgrade released

Finnish energy technology company Wartsila Energy, which is playing a key role in the second stage of the Eraring Power Station battery facility, has released a new turnkey battery storage system that includes significant fire-safety features.

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First of 444 Tesla Megapacks installed at 1.6 GWh Melbourne battery

United States manufacturer Tesla has begun installing the first of the 444 Megapack battery units that will make up the 600 MW / 1,600 MWh Melbourne Renewable Energy Hub project being constructed in Victoria.

Northern Territory’s renewable energy target efforts lag behind rest of country

Think-tank Climate Council of Australia has found of all the state’s and territories, the Northern Territory has the most work to do to achieve its renewable energy target of 50% by 2030.

Six big batteries score federal funding to power a million homes from 2027

Six large-scale battery energy storage projects in South Australia and Victoria have been earmarked to receive funding from the Australian government’s Capacity Investment Scheme.

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New investment in large-scale generation eclipses 2023 total

A new Clean Energy Council report signals a steady recovery in levels of investment in large-scale renewable energy generation and strong ongoing investment in large-scale energy storage.

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Rooftop solar installation rates trending up as monthly volumes drop

Australia’s rooftop solar market has slowed with the latest monthly data from industry analyst SunWiz revealing that national installation volumes dropped off 7% in August compared to the previous month.

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