Lightsource bp, the solar arm of oil major BP, has reached financial close on its 107 MW West Wyalong Solar Farm in New South Wales and its 214 MW Woolooga Solar Farm in Queensland, bringing the company’s Australian pipeline to over 1.5 GW (DC) and exhibiting the strength of green investment strategies.
The Queensland Conservation Council has joined a chorus of voices calling on the State Government to abandon plans to rebuild the ageing Callide turbine after it was severely damaged by an explosion and fire, sparking the state’s worst power outage in decades.
Australia’s largest renewable energy zone is one step closer to fruition with the New South Wales Government calling for registrations of interest from developers of solar PV, wind and energy storage projects.
The Institute for Energy Economics and Financial analysis (IEEFA) has published a report in which it points to seven key lessons energy planners the world over can take from South Australia’s extraordinary renewable energy integration. However, even South Australia, IEEFA’s model, still requires thoughtful planning and policy for the path forward.
Australia’s single axis tracker market has been deemed “highly concentrated” with just two companies, Nextracker and Array Technologies, commanding 77% of the market, the equivalent of 5.8 GW AC, according to analysis from Rystad Energy RenewableCube.
New South Wales’ Productivity Commission has called on the state to reform its energy and water regulations, among other recommendations, in the White Paper report published this week.
Chief Executive of the Australian Renewable Energy Agency, Darren Miller, says he envisions a future where Australia will produce up to ten times more clean electricity than the country requires to become a “shining example of what is possible if you have the right ingredients and the right ambition.”
5B, the Sydney-based modular solar manufacturer has successfully completed its most recent $12 million funding round, and along with the continued support of existing investors, the clean technology company also received investment support from former Australian Prime Minister Malcolm Turnbull and Smart Energy Council Director Simon Holmes à Court.
The Housing SA Tesla VPP is being expanded to include a trial of 20 homes unsuitable for solar installation. The SA Government is offering free Tesla batteries to such homes to show how participation in the VPP with a battery alone can still deliver significant savings.
The New South Wales government has today launched a renewable Renewable Gas Certification Pilot, with the aim of sparking a new energy market for clean gas in Australia.
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