Quinbrook announces sale of Energy Locals retail platform
Renewable energy focused investment manager Quinbrook Infrastructure Partners has offloaded electricity retailer Energy Locals to a consortium led by Australian fund manager Palisade Impact.
TCV reveals preferred easement for Victoria to NSW interconnector project
The preferred easement for the 240-kilometre Victorian section of the Victoria to New South Wales Interconnector West transmission line project has been released by Transmission Company Victoria.
Utility-scale solar additions hit 46.8 GW since start of 2023, says Wiki-Solar
PV data consultancy Wiki-Solar says the world’s top solar developers have added nearly 50 GW of new solar capacity since early 2023, raising their cumulative capacity to 146.7 GW – more than one-fifth of the global total.
NSW transport service trains its sights on multiple 30 MW grid-scale batteries
State government services and road agency Transport for NSW is investigating the deployment of multiple 30 MW grid-scale battery energy storage systems to help decarbonise its Sydney heavy rail network.
NSW battery and VPP incentives target peak electricity demand reductions
New South Wales home and business battery installation incentives are now available, in state government efforts to make the grid more reliable and stable and allow further reduction of reliance on fossil fuels during peak demand.
Neara banks $45 million to expand its global utility partnerships
Sydney-headquartered climate tech platform Neara has secured $45 million in Series C funding to aid expansion into global markets of its AI-powered predictive modelling software, which helps utilities navigate clean energy transition complexities.
Build starts on 240 MW second stage of Origin Energy’s Eraring battery project
Construction of the second stage 240 MW battery at Origin Energy’s Eraring Power Station located 120 kilometres north of Sydney and 40 kilometres south of Newcastle in New South Wales, has officially begun.
Vast signs 550 MWh USA-based green methanol and sustainable fuels deal
Australian concentrated solar company Vast Renewables has signed a development services agreement with Singapore-headquartered energy company GGS Energy to bring concentrated solar powered green methanol and sustainable aviation fuel to the USA.
Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA
The International Energy Agency’s latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolysers, and heat pumps will rise from $1 trillion in 2023 to more than $3 trillion by 2035.
Mount Isa copper mines earmarked for gravitational energy storage system
New South Wales-based gravitational energy storage technology company Green Gravity will repurpose shafts in two Queensland copper mines scheduled to close in 2025, to store renewable energy.
