Spanish energy storage company E22 has set to work on its first project in Australia, a 5MW/7.5 MW Li-ion battery in Longwarry, VIC that is set to provide AusNet with much needed network services during the heights of summer congestion.
Spanish tracker giant STI Norland has expanded to Australia with a new subsidiary office in Melbourne. The company is arriving on our shores with a keenness to compete with tracker suppliers who already have their foot in the door. With no solar farm too big or too small, STI Norland Australia CEO Alan Atchison sat down with pv magazine Australia to talk about how the company plans to make tracks Down Under.
Rooftop solar and investment in large scale renewable energy continues to power, largely unperturbed by the Covid-19 pandemic, according to the Clean Energy Regulator’s latest Carbon Markets Report.
The Sumitomo Corporation has reported a stunning ¥26bn (US$251m) loss on its Western Australian Bluewaters coal fired power investment. The loss assures the company’s worst ever annual performance and comes as a result of international and financial pressure against coal funding.
Neoen announced last month that it had completed the financing of its 460 MW Western Downs Green Power Hub, but today it has been revealed that said green finance came about through a wide reaching international effort, including seven global banks, a salutary sign that green finance is accelerating as fossil fuel divestment continues.
The Clean Energy Council have called renewable energy the “clear winner” of the Victorian Budget 2020/21, saying the $1.6 billion in allocated in targeted funding represents a landmark for the state.
Work on a new electricity transmission line linking Victoria and New South Wales is going ahead under a joint funding agreement between Victoria’s state government and the federal coalition.
AGL’s ambitious 850 MW target of new large-scale battery storage in its portfolio by FY 2024 is seeming less like an opportunity and more like an inevitability with each passing week. Following on from last week’s announcement of a 250 MW, four-hour-duration battery at its Torrens Island Power Station in South Australia, AGL has this week announced a 200 MW battery project at Victoria’s Loy Yang A power station.
Recognising that the major problems facing the world can’t be solved by any one organisation, three New South Wales universities at the peak of renewable-energy research have rewritten the rules of collaboration to influence policymakers and accelerate solutions to market.
Some Australian states are choosing this moment to ensure that electric vehicle drivers are paying their fair share of funds needed to maintain road infrastructure — given that they don’t contribute via fuel excise. The moves are expected to throw a spanner in the works of drivers deciding in favour of zero-emissions motoring.
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