ACT pulls plug on Next Gen energy storage program
A government-backed incentive scheme established to accelerate the introduction of distributed solar energy storage in the Australian Capital Territory is to be wound up having achieved its target of subsidising the installation of about 5,000 batteries over the past seven years.
Mytilineos advances Australian solar ambitions with major finance package
A 110 MWp Queensland solar farm that is fully constructed and currently undergoing hold-point testing is one of a trio of PV assets that Greece-based industrial conglomerate Mytilineos has secured finance for as it looks to further establish its position in the Australian renewable energy market.
Schneider Electric releases residential solution with battery, inverter, EV charger
Schneider Electric’s new Schneider Home platform includes a smartphone app to monitor and allocate energy resources.
Sun Cable enters voluntary administration
Sun Cable, the developer of the world’s largest solar and battery project, backed by two of Australia’s most powerful energy players – Andrew Forrest and Mike Cannon-Brooks – has entered voluntary administration. It is not yet clear what this will mean for the company’s hallmark project, the Australia-Asia PowerLink, though the company’s executives appear optimistic.
Contract awarded for New Zealand’s first big battery
New Zealand is set to have its first big battery by 2024, after Meridian Energy awarded a contract to build the 100 MW / 200 MWh Ruakākā Battery Energy Storage System to Saft, a subsidiary of TotalEnergies.
Independent review finds Australia’s criticised carbon credit scheme ‘sound’
The independent review into Australia’s carbon credit scheme has concluded that the scheme is not fundamentally flawed, but could be improved by greater transparency and changes to its governance.
Labor outlines reform package for Australia’s ‘biggest climate policy’
Proposed changes to one of Australia’s most consequential emissions reductions policies, the Safeguard Mechanism, have been announced by Federal Energy Minister Chris Bowen. “This is the biggest climate policy that they nation will be debating this year so it’s very important it’s done right,” Glenn Walker, head of advocacy and strategy at Greenpeace Australia Pacific, told pv magazine Australia.
Commercial landlord begins battery foray following major solar rollout
Major shopping centre landlord, Vicinity Centres, has teamed up with Enel X to potentially deploy up to 50 MWh of cumulative energy storage capacity. The partnership kicks off with two battery fit outs in Victoria and New South Wales, and follows a $73.2 million (USD 50 million) solar rollout across Vicinity’s shopping centres.
Four global trends in solar and storage in 2023
A review of recent solar and storage related trends as seen by IHS Markit.
WA land allocation advances plans for 26 GW renewable energy hub
British energy giant BP’s plans to build one of the world’s largest renewable energy and green hydrogen hubs in remote Western Australia has received a significant boost with the state government allocating land that supports the development of the proposed 26 GW project.
