New legal advice, sought by The Australia Institute Climate & Energy Program, suggests the Underwriting New Generation Investment Program is unconstitutional and lacks the legislative basis to proceed.
South Australia’s largest water and sewerage services supplier has a few utility-scale solar projects coupled with energy storage in its pipeline. Three of them are currently under consideration and scheduled to commence construction this year.
In late January Japan’s Sumitomo Corporation Group took its first step into the distributed generation market, with its acquisition of Perth-based Infinite Energy. Infinite’s founder and CEO Aidan Jenkins says “after being the little guy” the Sumitomo balance sheet will allow the company to compete with the major electricity retailers – if state government in WA gives them the chance.
The Smart Energy Council has hailed today’s announcement of NSW Labor’s policy to drive 7 GW of renewable energy into the National Energy Market by 2030 as “the biggest rollout of renewable energy in Australia’s history”.
In the likely last full fortnight of Parliament before the Australian Federal election, the Clean Energy Council has thrown all political parties a lifeline in the form of 10 policy recommendations to grow renewable energy, as a low-cost source of electricity, a planet-saving emissions-reduction strategy and as a sustainable industry.
After it garnered broad support in political and industry circles, the proposed SA-NSW interconnector is in line for a speedier approval than expected, with the AEMC looking to fast-track the regulatory approval process.
In May 2018, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
With financial close still in the works, Sydney-based publicly listed Genex Power has moved on the Kidston Pumped Storage Hydro Project, part of its landmark renewable energy hub in far-north Queensland, signing an early works agreement with EPC contractors McConnell Dowell and John Holland.
Solar ‘lease-to-own’ installer ShineHub has chosen Hanwha Q Cells as preferred solar panel provider for its Community Solar Program under the South Australian battery scheme.
Australian lithium developer Neometals has taken its lithium‐ion battery recycling technology to the floor at a pilot plant in Canada. SGS Canada has been contracted to construct and operate the pilot at its Lakefield facility, and handle both the front-end feed preparation and hydrometallurgical processing/refining stages.
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