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Markets & Policy

Governments unite on $7.8 billion transmission investment

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.

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Hydrogen production set for Tasmania

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.

Hydrogen dominates Australia’s energy value future as earnings from critical minerals surge, resources report finds

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 reaches financial close on another solar farm, second big battery to come

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.

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SA solar-plus-battery project energised in ‘fast’ mid-scale push across NEM

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.

LiTime unveils 100 Ah lithium iron phosphate battery for residential PV

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.

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Adani moves forward with 30,000 MT polysilicon project in India

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.

Synthetic inertia on show as Wallgrove big battery reaches full capacity

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 developer grabs major stake in 3.6 GW Queensland project

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.

Grant guidelines published for $200 million community battery scheme

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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