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.
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.
The new edition of the International Technology Roadmap for Photovoltaic, published this week, reports that average PV module prices last year dropped by 33% compared to the end of 2023.
The Australian renewable energy and storage arm of South Korean industrial conglomerate Samsung has submitted plans for another large-scale battery energy storage project to the federal government for environmental approval.
Philippines-controlled Acen Australia has finalised a $750 million portfolio debt financing transaction that will support the operation and ongoing development of one of the largest renewable energy pipelines in the country and establish a platform for financing new projects in Australia.
Australia’s consumer watchdog is being urged to ban the unsolicited sale of solar products with a national advocacy group saying the “harmful” practice is degrading trust in the solar industry and government schemes and discouraging people from participating in the transition to clean energy.
Plans to build more than 5.6 GWh of battery energy storage across two projects in central Queensland have received the all clear to skip the federal government’s environmental approvals process.
Renewable energy developer CleanPeak Energy has announced its 7.5 MWp Moama Solar Farm is operational, which partly fulfils a commitment to a $48 million agreement helping to keep Barangaroo Precinct in Sydney carbon neutral.
South Australian solar equipment procurement company Hunter PV has signed an agreement with Jinko Solar for 100 MWh of energy storage systems in a move to expand the company’s national commercial solar footprint.
Access to renewable energy transferred between New South Wales, South Australia and Victoria is a step closer following the Australian Energy Market Operator’s successful testing of the EnergyConnect transmission project’s western section.
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