Investment in firmed renewables a key to securing domestic green iron production
Independent clean energy think tank Climate Energy Finance has called for a $20 billion Future Fund mandate to enable renewables-powered processing of green metals and for measures to accelerate investment in firmed renewable energy at scale.
Third CIS tender seeks 4 GW / 16 GWh dispatchable capacity for the NEM
The Australian government’s Capacity Investment Scheme Tender 3 has opened seeking 4 GW / 16 GWh of dispatchable capacity for the National Electricity Market, with Victoria receiving the largest slice of the pie with a 1 GW / 4 GWh allocation.
Horizon Power solar and BESS projects free remote towns of diesel dependence
In partnership with remote renewables developer Pacific Energy, Western Australian regional energy provider Horizon Power, has completed six federally funded solar and battery energy storage systems as part of its Midwest solar program.
Global partnership opens new opportunities for Zen Energy
Australian energy gen-tailer Zen Energy is considering offshore opportunities, eyeing energy storage and green hydrogen projects in Taiwan and potentially other countries after securing a $43 million investment from Taipei-listed developer HD Renewable Energy Co.
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
Developers seek WA approval for 70 GW green energy hub
A 70 GW solar and wind mega-project proposed for Western Australia’s Goldfields–Esperance region has been submitted for environmental approval from the state government.
NSW reveals updated framework to guide renewables planning and assessment process
The New South Wales government has released updated planning guidelines for large-scale renewable energy projects following criticism that the previous framework was slowing the state’s transition away from coal-dominated generation.
TotalEnergies secures IPC approval for solar farm and big battery project
French energy company TotalEnergies has won approval from the New South Wales Independent Planning Commission for a 320 MW solar farm and 320 MW / 780 MWh battery energy storage system to be built in the state’s New England region.
Renewables development driving $50 billion construction boom
Renewable energy development is forecast to reach $20 billion annually by 2026/27, driving “unprecedented expansion” of Australia’s utilities construction sector over the next three years.
Alinta signs early contractor partners for 900 MW pumped hydro project
Australian electricity and gas provider Alinta Energy has hired Malaysian engineering group Gamuda and European civil engineering outfit Ferrovial Construction to help it progress the design of its 900 MW, eight-hour duration Oven Mountain pumped hydro project in New South Wales.
