The federal and New South Wales governments have combined on a landmark $7.8 billion (USD 5.25 billion) investment to help finance the development of eight critical transmission and renewable energy zone projects as they look to accelerate Australia’s clean energy future.
As Australia’s hydrogen project pipeline doubles in 12 months, Iberdrola announces investment in a green hydrogen and green methanol production plant in Tasmania. Meanwhile, projects in Scandinavia target the shipping industry.
Investment and forecast revenue from Australian resources critical to low-emissions energy technologies has grown dramatically in 2022, federal government reports find. The forecast export earnings from critical minerals has grown 50% in the year, while hydrogen projects now make up the nation’s largest single component by value, though in a highly speculative form.
FRV Australia has reached financial close on its Walla Walla Solar Farm thanks to a PPA with Microsoft. The company is also progressing its second big battery in Australia, the 250 MW / 500 MWh Gnarwarre battery in Victoria, after winning support from the Australian Renewable Energy Agency.
The 5 MW Woods Point Solar and Storage Farm in South Australia is open – it is one of three identical solar storage projects being commissioned by SEI and Yes Group in December, and part of a much larger mid-scale play.
Shenzhen LiTime Technology’s new lithium iron phosphate battery system has a nominal voltage of 12.8 V and a capacity of 100 Ah. It comes with a five-year warranty and can purportedly operate for more than 4,000 cycles.
Adani has selected Engineers India Ltd. (EIL) to set up 30,000 metric tons (MT) of polysilicon production capacity and 500 MT of monosilane capacity in India.
The first large-scale battery to be connected to the grid in New South Wales has officially reached full production, providing fast frequency response and synthetic inertia services to the transmission network as the state looks to fill the soon-to-be-revealed gap created by retiring coal-fired generators.
Danish renewable energy developer European Energy has acquired a majority stake in a 3.6 GW integrated solar and battery energy storage facility and green hydrogen production plant being developed near Gladstone on the central Queensland coast.
The Australian government is taking the next steps to roll out 400 batteries in neighbourhoods across the country as part of the $200 million (USD 134 million) Community Batteries for Household Solar program.
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