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Markets & Policy

Edify wins government grid forming battery contract as Victoria pushes storage

Edify Energy has been awarded the contract to deliver a grid forming, lithium-ion big battery in Victoria, which will provide system support services for Victoria Murray River Renewable Energy Zone and contribute to the state’s new storage targets.

Victoria targets 6.3 GW of renewable storage by 2035

Victoria’s Labor government this morning announced it will target 2.6 GW of renewable energy storage capacity by 2030, and 6.3 GW by 2035.

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IEA PVSP predicts high-cost, low-revenue scenario for solar recycling

A recent report by the International Energy Agency Photovoltaic Power Systems Programme (IEA PVSP) reviews the current regulatory and industrial landscape for end-of-life PV management in Germany, France, Italy, Spain, Japan, South Korea, China, Australia, and the United States.

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Queensland charges ahead with big battery rollout

A new $8 million large-scale, network-connected battery at Tanby on Queensland’s Capricorn Coast is expected to help facilitate the continued integration of renewables, including rooftop solar PV, into the state’s energy system.

Tomago Aluminium ramps up renewable energy plans

New South Wales’ largest electricity user, Tomago Aluminium, is accelerating its plan to abandon coal-fired power, revealing it is looking to collaborate with key industry partners to develop new and innovative renewable power generation and energy storage projects.

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New Zealand fast tracks approvals process for 147 MW solar farm

British renewable energy firm Harmony Energy’s plan to develop a 147 MW solar farm on the North Island of New Zealand has been fast tracked with the country seeking to accelerate the roll out of renewable energy generation projects as it strives to reach net zero by 2050.

Taiwan’s largest battery comes online

United Renewable Energy has energised a 15 MW/15 MWh battery energy storage system connected to a 150 MW solar park located near the southern Taiwanese city of Tainan.

IRENA highlights solar critical to ASEAN energy transition

Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics the International Renewable Energy Agency has estimated it will require to achieve a net zero carbon energy system by 2050.

ACEN adds $140 million to support 20 GW portfolio strategy

ACEN Australia declared the first stage of the 720 MW New England Solar Farm is on track to commence commercial operations in 2023 while announcing it has secured a $140 million loan agreement that will help grow its renewables capacity in the Asia-Pacific region to 20 GW by 2030.

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Taiwanese battery maker targets NT for manufacturing plant

The Northern Territory government has signed an agreement with Taiwanese battery company Aleees and Western Australia-based miner Avenira to develop a battery cathode manufacturing plant in Darwin.

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