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Markets & Policy

SunCable secures key approval for AAPowerLink project

SunCable’s flagship Australia-Asia Power Link project, the largest intercontinental renewable energy and transmission project in development in the world, is a step closer to realisation after securing the tick of approval from environmental regulators.

Government presses GO on hydrogen certification scheme

The Commonwealth government says it will fast track the development of a proof-of-origin scheme for hydrogen and renewable electricity to help Australian industry meet growing domestic and international demand for verified renewable energy and clean products.

Regulator to nominate CEC as solar panel and inverter assurance body

The Clean Energy Council looks set to be reappointed as the product listing body responsible for maintaining and publishing lists of approved solar panels and inverters eligible for use in Australia’s solar rebate program.

Neoen reaches new milestone with Collie big battery

French renewable energy and storage developer Neoen has announced a new milestone for its massive Collie battery energy storage system being constructed in Western Australia with the successful energisation of the 219 MW / 877 MWh first stage.

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Indonesia to permit power wheeling

Indonesia’s new renewable energy bill will include legislation allowing power wheeling, enabling private companies to sell electricity directly to end consumers via networks owned by the state-run electricity company.

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Greek developer shops Australian solar and battery portfolio

Greece-based resources and renewables company Mytilineos, now known as Metelen Energy and Metals, is looking to sell its Australian renewable energy generation and storage assets, including six operational solar farms totalling 284 MW.

Longi, Aiko Solar, TCL Zhonghuan, Tongwei to post H1 losses

Longi says it expects a net loss of CNY 4.8 billion ($980 million) for the first half of 2024, while Tongwei is bracing for a CNY 3 billion loss. Aiko Solar and TCL Zhonghuan, meanwhile, are predicting losses of CNY 2.9 billion and CNY 1.4 billion, respectively.

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Akaysha lands $650 million to fund 1,660 MWh Orana battery build

Australian battery storage developer Akaysha Energy has secured a $650 million debt deal that will accelerate the development of what is to be the largest four-hour battery energy storage system in the National Electricity Market.

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Genusplus wins Western Power contract to maintain and upgrade SWIS network

State-owned utility Western Power has awarded Perth-based power infrastructure provider Genusplus Group a five-year contract to maintain and upgrade the South West Interconnected System.

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Queensland and South Australian critical mineral processing plant pilots win grants

Australian producers of critical minerals needed for electric vehicles and lithium-ion batteries have received Australian government grants to a combined $13 million to help build diversified supply chains with the support of partners in the USA, Japan and Republic of Korea.

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