CIP pushes ahead with 480 MWh battery project in South Australia
Danish investment group Copenhagen Infrastructure Partners has tapped Canadian PV and battery manufacturing heavyweight Canadian Solar to provide the energy storage solution for the first of the multiple large-scale battery projects it has planned for Australia.
Bowen targets 32 GW of renewables with ‘super charged’ investment scheme
Australian Energy Minister Chris Bowen has announced a major expansion of the Commonwealth-funded Capacity Investment Scheme that will now target 32 GW of renewable generation and storage capacity to support the nation’s clean energy transition.
Northvolt unveils 160 Wh/kg sodium-ion battery
Swedish battery maker Northvolt has developed its first sodium-ion battery. The cell has been validated for an energy density of more than 160 Wh/kg and is designed for energy storage applications.
Superfund commits $1 billion to developer involved in green data centres
Superannuation fund Rest has announced it will invest $1 billion (655 million) into Australian-owned renewable energy investor and developer, Quinbrook Infrastructure Partners. The fund has a particular eye to green data storage centres.
Winners of nation’s largest storage tender include two ex-coal plant big batteries, VPP series
More than 1 GW of firmed storage capacity is set to be delivered by the six winning projects from the New South Wales (NSW) tender combining state and federal schemes. Akaysha Energy’s 415 MW / 1660 MWh battery in Wellington and AGL’s 500 MW / 1000 MWh Liddell battery are the round’s two biggest projects.
$1.4 billion Tasmanian green methanol project selects technology partners
Australian hydrogen project developer Abel Energy has selected UK firm Johnson Matthey and US company SunGas Renewables in the design of its flagship green hydrogen and methanol project at Bell Bay in northern Tasmania.
Fortescue brings three projects to FID committing $1.1 billion
Fortescue has announced three projects – two in Australia and the other in the US – have reached final investment decision (FID). The company held its annual general meeting today, where members voted down its contentious executive pay policy.
Solar installers, designers, have 3 months to move to new accreditation scheme after CEC stripped of role
Australia’s Clean Energy Regulator has selected a new body to take over the role of accrediting solar installers and designers, a position previously held by the Clean Energy Council. The new organisation will be formally announced in February, 2024, with solar installers given three months to transition to the new scheme at no extra fee.
China module prices hit new record lows, operating rates estimated around 60%
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Fortescue continues US expansion with new clean energy manufacturing plant
Australian mining and green energy major Fortescue has revealed plans to establish a new clean energy technology manufacturing plant in the United States as it looks to take advantage of America’s $565 billion (USD 369 billion) Inflation Reduction Act.
