5B’s Maverick technology shines with $46 million Solar SunShot backing
Modular solar developer 5B is Australia’s first recipient of the federal government’s $1 billion Solar SunShot program, receiving $46 million to increase the manufacturing capacity of its Maverick unit.
ACCC drafts proposed national emergency backstop mechanism
The Australian Competition and Consumer Commission has drafted a determination proposing to grant authorisation to selected distribution network service providers for the procurement and implementation of a national ‘public key infrastructure’ service, or emergency backstop mechanis.
AEMO provides connection approval for DC-coupled solar and storage project
Construction of a 300 MW solar farm and 486 MWh battery energy storage project planned for southeast New South Wales is scheduled to commence later this year after developer Octopus Investments Australia received critical grid connection approval.
US private equity giant targets Australia, UK with renewables platform
United States-headquartered private equity group Carlyle has launched a new clean energy infrastructure platform focused on developing and operating a portfolio of utility-scale renewables projects in Australia and the United Kingdom.
Livium subsidiary broadens recycling agreement with EV major
Livium’s battery recycling subsidiary Envirostream Australia has signed a new agreement with the Australian arm of Chinese manufacturing conglomerate BYD that broadens the scope of previously agreed services to include the recycling of commercial vehicle batteries and energy storage systems.
Elements Green lands connection approval for hybrid project
Renewables developer Elements Green says the start of construction for what it describes as Australia’s largest hybrid solar and storage project to date is now within reach after receiving the tick of approval for grid connection.
WoodMac tips Australia to fall short of 82% renewables goal
Global analytics firm Wood Mackenzie predicts Australia will fall well short of its target of 82% renewable generation by 2030 due to grid connection delays, inadequate investment and moves from some state governments to scale back their clean energy ambitions.
Bali launches rooftop solar acceleration program
The Indonesian province of Bali plans to scale up rooftop solar installations across government buildings, public facilities, and businesses to reduce dependence on fossil-based electricity.
NSW solar and storage project gets state planning approval
A 90 MW solar farm and 360 MWh battery storage project proposed for northern New South Wales has secured planning approval as the state government continues to transition the electricity sector from coal and gas-fired power to renewable energy.
Clean energy future outlined in draft Victorian 2025 transmission plan
The Victorian government has released its draft 2025 transmission plan, which sets out the proposed renewable energy zones and transmission projects the state will need to deliver power to the state by 2040.
