A new Climate Council report suggests the total potential rooftop solar capacity in Australia is 103 GW, or four times more than currently installed, and 1.5 times the capacity of utility-scale electricity generators in the National Electricity Market.
The Solomon Islands Renewable Energy Development Project will finance two solar farms and a utility-scale grid-connected energy storage system on the Solomon Islands. The Asian Development Bank, SAsian Development Bank and Solomon Power are all financing the project.
Aotearoa New Zealand grid-scale solar developer Lodestone Energy has partnered with leading poultry provider Inghams in a landmark 20-year agreement where energy from Lodestone’s North Island solar farms will 100% match Inghams electricity consumption.
Coca-Cola has signed a virtual power purchase agreement brokered by France-headquartered energy company Engie, to source renewable energy and associated credits from the Wellington North Solar Farm in New South Wales.
Queensland Hydro has announced more than $190 million in work packages linked to the construction of the 2 GW / 48 GWh Borumba pumped hydro energy storage project being developed near Gympie in the state’s southeast.
Genex Power has struck an offtake agreement with Queensland government-owned energy giant Stanwell Corporation that will underpin the development of the 775 MW first stage of the Bulli Creek solar and battery project planned for the state’s southeast.
Australian battery recycling startup Renewable Metals intends to expand by a factor of 10 a demonstration-scale lithium battery recycling plant being developed in the United Kingdom after raising $8.1 million in a seed extension round.
This year’s UN Climate Change Conference could adopt a target to increase global energy storage capacity more than sixfold by 2030. To achieve this, the world would need to add more than 158 GW of energy-storage capacity annually.
Spanish-Japanese renewable energy company Univergy Solar and Australian partner New Energy Development have secured New South Wales government approval to build a 100 MW solar farm and 45 MW / 90 MWh battery energy storage system in the Yass Valley.
Australian Vanadium Limited has achieved another milestone in its ‘pit to battery’ strategy with the successful deployment of its vanadium electrolyte in a 78 kW / 220 kWh flow battery.
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