Australian fintech companies team up to develop ‘future’ energy retail platform
The company behind bill management platform 1bill on Monday announced it will invest more than $2 million in the energy software company Accurassi. The investment will see Accurassi build a platform for energy retailers to accelerate the transition to green energy.
Australia’s battery capacity to double in 2022
After the deluge of announcements last year, 2022 will see the trickle of big batteries actually operating in Australia turn to a flood. According to Rystad Energy, the country’s battery capacity is set to double before the year is out.
Nine policies to transform Australia
As Australia’s federal election looms, the Clean Energy Council has released a set of nine policy suggestions to realise not only Australia’s decarbonisation, but its potential as a clean energy superpower. The suggestions range from electrifying everything, allocating $1 billion to transition coal communities, and setting hydrogen blending targets for gas networks.
Saturday read: the actual, real demand for green hydrogen
Green hydrogen is being proposed for an ever-wider variety of uses. While some of these are still a way off, others make little sense. But there are sectors where demand for green hydrogen is a reality today, writes Christian Roselund.
India targets domestic production with 40% PV import duty, boost to manufacturing-linked incentive
India’s Union Budget, presented this week by Finance Minister Nirmala Sitharaman, allocates an extra INR 19,500 crore ($3.6 billion) to the production-linked incentive scheme for solar from April.
Ampol makes move into energy retail market
Australia’s largest petroleum company Ampol has revealed its ambition to expand into the nation’s energy market by submitting an application to the industry regulator for licences to retail electricity and gas in Australia.
Philippines launches 2 GW renewables auction
The Philippines’ Department of Energy hopes to allocate 1,260 MW of solar through the procurement exercise.
Shell completes Powershop takeover despite widespread outrage
Shell has completed its acquisition of green power company Powershop Australia. The takeover sparked heated outcry when it was first announced in November 2021, reportedly causing Powershop to bleed customers who felt angered and betrayed by the apparent ‘greenwashing’.
BloombergNEF says global solar will cross 200 GW mark for first time this year, expects lower panel prices
The analyst also forecasts strong growth for the storage business and a significant increase in PPAs for photovoltaic projects in Europe. It also said the newly installed PV capacity for 2021 reached 183 GW.
Australian zinc-bromide batteries chosen for Acciona’s Spanish testing field
Gelion’s zinc-bromide Endure batteries will undergo commercial tests at the 1.2 MW Montes del Cierzo testing field Spanish renewable energy company Acciona Energía operates in Navarra, in the north of Spain.
