Prime Minister vows $2.3 billion battery subsidy scheme if re-elected
The Albanese government has pledged a $2.3 billion residential virtual power plant-ready battery uncapped subsidy scheme if re-elected, that could stimulate an anticipated million battery installations by 2030.
IEA blames slowdown in energy innovation on market uncertainty
The International Energy Agency warns that energy innovation is slowing as shifting priorities and financing changes hinder progress, despite past investments driving economic and security gains.
128 MW hybrid project commissioned in WA
Global Power Generation Australia, a susidiary of Spanish energy company Naturgy, has inaugurated it’s Cunderdin 128 MW solar and 55 MW / 220 MWh battery energy storage system in Western Australia.
Mid-2025 start date set for Central-West Orana REZ transmission project
Australia’s first renewable energy zone 240 kilometre transmission line project will begin construction in mid-2025, and once complete connect 7.7 GW of wind and solar projects and 4.5 GW of new network capacity by 2028.
Investors prioritising renewable energy solutions jumps 16% in 2024
An Investor Group on Climate Change report has found investors are prioritising renewable energy solutions like solar as the market’s top opportunity but remain hamstrung by policy uncertainty.
Potentia Energy completes acquisition of over 1 GW renewable energy assets
Sydney-headquartered Potentia Energy has acquired controlling stakes in almost 200 MW of solar projects in a portfolio of more than 1 GW of renewable energy assets across Australia.
GameChange Solar trackers and racking meet Australian standards
United States solar tracker and racking specialists GameChange Solar have successfully completed a structural and electrical design compliance review for two of its tracking systems, for use in the Australian market.
Canadian Solar’s first anti-hail module installation set for Flow Power project
Canadian Solar’s anti-hail technology is to be installed at a new South Australian solar battery energy storage project by Flow Power in the Coonawarra wine region, 370 kilometres southeast of Adelaide.
Acciona closes $453 million green finance deal for Aldoga solar farm
Spanish developer Acciona has closed a $453 million syndicated green loan for the construction and operation of its 480 MWp Aldoga Solar Farm on the Queensland central coast.
Recycled Nissan Leaf batteries support remote New Zealand EV chargers
New Zealand gentailer Meridian Energy has reported its Springs Junction electric vehicle (EV) chargers are now live, supported by recycled Nissan Leaf battery energy storage systems to combat the location’s variable electricity supply.
