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Markets & Policy

Majority of Australian business chiefs want renewable grid by 2035

A global business executive poll has found 77% of Australian business leaders want a renewables-based electricity system within the decade and for the federal government to priortise reskilling of high-carbon sector workers to help fill clean energy jobs.

Landowners push plan for Tasmania solar and storage project

A group of Tasmanian landowners is seeking Australian government approval to develop a 250 MW solar farm and 144 MW / 576 MWh battery energy storage system in the state’s Central Highlands region.

ClearVue lands tax credits to progress second generation insulated solar glass

Smart building materials company ClearVue Technologies has received over $1 million in research and development tax credits from the Australian Taxation Office, to progress a suite of projects, including its Generation 2 insulated solar glass.

South Korean battery breakthrough using hybrid anode material

Researchers at two South Korean universities have collaborated to achieve a breakthrough in lithium-ion battery technology by developing a novel hybrid anode material.

Eku Energy acquires 2 GWh UK battery project portfolio

Eku Energy, the battery storage offshoot of Australian financial services group Macquarie, has acquired a 1 GW / 2 GWh portfolio of energy storage projects in the United Kingdom.

Engie trial flips fears of solar tax to help customers earn from solar curtailment

Uptake of an ENGIE and SA Power Networks trial offer to help manage periodic oversupply of household rooftop solar energy – by rewarding customers – has seen its cap of 50 households double to 100.

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Fortescue begins works at Cloudbreak solar farm

Construction has begun on a 190 MW solar farm at Fortescue’s Cloudbreak mine site in the Pilbara region of Western Australia as the iron ore and green energy giant forges ahead with its decarbonisation plans.

Federation to launch multibillion-dollar energy storage platform

Australian investment firm Federation Asset Management has announced its intention to launch a new long-duration energy storage platform that is to have about 4 GWh of storage projects ready to take to financial close within two years.

Stanwell contracts for 1,010 MWh Stage 3 offtake from Supernode BESS

Australian energy infrastructure investor Quinbrook’s $1.4 billion Supernode battery project in Queensland will expand by 250 MW through an offtake agreement with state-owned Stanwell Corporation bringing the energy collosus to a total 750 MW / 2,540 MWh capacity.

AusNet advances connection works for FRV hybrid projects

The path for Fotowatio Renewable Ventures to build two hybrid solar and energy storage projects in central Victoria has been smoothed with electricity distribution company AusNet revealing it is “unconditionally” progressing the connection works for the hybrid installations.

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