Six large-scale battery energy storage projects in South Australia and Victoria have been earmarked to receive funding from the Australian government’s Capacity Investment Scheme.
A new Clean Energy Council report signals a steady recovery in levels of investment in large-scale renewable energy generation and strong ongoing investment in large-scale energy storage.
Australia’s rooftop solar market has slowed with the latest monthly data from industry analyst SunWiz revealing that national installation volumes dropped off 7% in August compared to the previous month.
The first battery energy storage project has been approved under the Victorian government’s streamlined renewable energy planning process, with the state signing off on a 350 MW / 700 MWh project being developed by ACEnergy in the Wimmera region.
An international consortium planning to build a 50 GW solar-and-wind energy hub in Australia’s southwest has announced it will partner with Korea’s largest electricity utility to advance the development of what would be one of the largest green hydrogen production facilities in the world.
Battery storage developer Akaysha Energy says it has completed the first stage of energisation for the 850 MW / 1,680 MWh Waratah Super Battery that will help stabilise the New South Wales grid during the state’s transition from coal-fired power.
Multi-country research has found that retiring coal-fired power plants sooner rather than later can have financial benefits for investors, and free up capital for investing in renewables.
Government-backed Energy Fiji Limited has started accepting bids for the development, operation and maintenance of three ground-mounted solar plants in Fiji with a combined capacity of 21.93 MW.
The first $550 million of the federal government’s Solar Sunshot program has been launched to support the development of Australia’s solar manufacturing industry and help local businesses capture more of the global solar manufacturing supply chain.
Gas and oil heavyweight Woodside Energy has shelved two green hydrogen projects in Australia and New Zealand with a combined capacity of 2.3 GW, citing inadequate renewable energy generation capacity, revised environmental demands and challenging economics.
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