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Markets & Policy

The race that stores the nation – world’s largest battery proposed for NSW Hunter

CEP.Energy has joined the race that stores the nation, the race, that is, for big battery supremacy. Joining giants like AGL, Origin Energy and Neoen, CEP.Energy has announced plans for a 1.2 GW megabattery in the Hunter region of New South Wales. The battery is one of four in a 2 GW battery storage portfolio planned throughout Australia.

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WoodMac calls for investment in grid flexibility through more ambitious RET

Wood Mackenzie has called on policymakers to revise the Renewable Energy Target with more ambitious goals and, concordantly, large-scale investment in grid flexibility to ensure new renewables can join the grid. If we don’t act in this pivotal moment, WoodMac believes we will be left holding stranded assets.

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Wind farm contracts prove costly for AGL

Australia’s largest energy retailer, AGL Energy, has revealed a stunning $2.69 billion write-down to its asset value with plunging power prices taking a toll on its renewable energy operations.

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Analyst warns large-scale market could slow record growth

Australia’s embrace of solar PV continues to scale new heights but industry consultancy SunWiz has issued a word of caution, suggesting “increasing headwinds in the industry” could curtail growth in 2021.

WA announces state’s largest VPP pilot, allocating $35m

Western Australia’s government has today announced plans to construct what will be the state’s largest VPP to be hosted in the Perth suburb Southern River.

120 MW agrivoltaic Wallaroo Solar Farm set for 2021 construction

Spanish-Japanese renewable energy company Univergy Solar and local partner New Energy Developments are set to begin construction on the 120 MW Wallaroo Solar Farm on the NSW/ACT border by the end of 2021. The agrivoltaic installation will operate symbiotically as a generator of clean energy, grazing land, and a thriving habitat for native vegetation and pollinators.

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WePower and Mojo combine to offer blockchain-enabled Retail PPAs

WePower has delivered its blockchain-enabled Elemental technology to Mojo Power for the establishment of the Mojo Marketplace, an online shopping setup whereby businesses and industry can shop for locally sourced renewable energy retail contracts.

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Macquarie sets up unit to build 8 GW solar project pipeline in Europe

Green Investment Group, owned by Macquarie, has launched Cero Generation, which will operate on a European scale and carry out both ground-mounted and commercial scale power generation projects. It will also provide integrated energy storage solutions.

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EV battery integration to be streamlined in partnership between cell casing company and aerospace manufacturer

Australian battery casing company, Vaulta, has signed a memorandum of understanding with Quickstep, an Australian aerospace composites manufacturer, to develop smarter technology for renewables. The partnership will likely explore integrating battery casing technology that reduces the number of parts needed to house the batteries in electric vehicles.

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New joint venture solidifies WA as standalone power system leader coinciding with launch of nimble Gen 2 solution

Western Australia’s government-owned utility Horizon Power and electrical engineering company Ampcontrol have today announced their joint venture Boundary Power, supercharging the state’s standalone power system rollout and broader industry. To mark the occasion, Boundary Power has also unveiled its new, modular SPS Gen 2 and announced a $10 million deployment of another 45 off-grid systems across the state.

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