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Markets & Policy

Victoria green lights six solar farms and four big batteries

Six new solar farm projects totalling 623 MW of renewable capacity and four big batteries delivering up to 365 MW and 600 MWh of new energy storage have been given the tick of approval by the Victorian government as it looks to meet its target of powering all its operations with clean energy by 2025.

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Northern Territory flicks switch on Alice Springs VPP

Smart technology that controls energy flow on power grids could soon be the norm in the Northern Territory with a trial launched in the outback town of Alice Springs that will test the economic and energy efficiency of a rooftop solar-driven virtual power plant.

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World’s largest compressed air energy storage project goes online in China

The Chinese Academy of Sciences has switched on a 100 MW compressed air energy storage system in China’s Hebei province. The facility can store more than 132 million kWh of electricity per year.

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Residential rooftop solar capacity in India tipped to rise by 60% this fiscal year

India’s cumulative residential rooftop solar capacity may rise by 60% to reach 3.2 GW by March 31, 2023 driven by rising consumer demand coupled with strong government support.

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IEEFA calls for inquiry after network providers pocket ‘supernormal’ profits

The Institute for Energy Economics and Financial Analysis is calling for an independent inquiry into Australia’s electricity networks and their regulators claiming Australians have been overcharged $10 billion (USD 6.5 billion) in the past eight years by distribution and transmission network service businesses making “supernormal” profits from consumers forced to use their poles and wires.

Agrivoltaics for vineyards

Developers recently commissioned two different wine-related agrivoltaic projects in Europe.

European vanadium flow battery company to specialise product for Australian microgrid market

Australian outfit BESS Research is teaming up with CellCube, owned by Austria’s Enerox, to target Australian commercial and industrial projects for the potential use of vanadium redox flow batteries.

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Neoen completes financing for its Canberra big battery

French renewables developer Neoen has completed the financing for its 100 MW / 200 MWh Capital Battery in Canberra, declaring the project is on track to be operational in the first half of 2023.

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Queensland to leverage position as public customer to ignite renewables manufacturing sector

The Queensland government is looking to jumpstart a local renewable energy equipment manufacturing sector, today calling on electrical manufacturing businesses to register their interest in supplying the thousands of batteries, wind turbines, solar panels, and kilometres of transmission lines the state says it will need to enact its $62 billion energy transformation plan.

WA project to produce ‘carbon-neutral gold’ with 13 MW hybrid solution

Australian gold miner Bellevue Gold has entered an agreement with distributed energy provider Energy Developments Pty Ltd for an off-grid solar, wind, and battery hybrid power station for the flagship project it is developing in central Western Australia.

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