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Markets & Policy

Queensland budget to gift a record $26 billion to accelerate energy transition

The Queensland state budget will deliver the nation’s largest yet green energy investment with a record $26 billion outlay over the next four years, with $8.6 billion ready to go in the next financial year.

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Warehouse rooftop solar and batteries could unlock 28 GW

An inert uptake of rooftop solar and battery storage by commercial and industrial business in New South Wales is a 7 GW opportunity missed, and nationally, 28 GW, says Nexa Advisory.

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Community solar to power up multinational company

Australia’s largest general insurance company has inked a power purchase agreement with Cleanpeak Energy that will source supply from the 1.5 MW Grong Grong Solar Farm in southwest New South Wales.

3D digital site lifts lid on clean energy projects landscape

Self-described wizards behind the curtain, immersive tech company, Spatial Media, have paved the way for better clean energy community engagement with its 3D interactive map, and a birds-eye view of Australia’s energy transition projects.

Pollinator targets early-stage clean energy tech with new $150 million fund

Climate change advisory and investment firm Pollination Group has launched a $150 million venture capital fund to invest in early-stage tech companies in Australia aimed at facilitating the renewable energy transition.

Long-duration storage key to firm renewables: report

The Clean Energy Council has launched a new report, The Future of Long-Duration Energy Storage, exploring emerging technologies capable of firming renewables in the wake of coal-fired power generation closures.

Queensland targets solar and battery waste stream with $45 million commitment

Queensland businesses can now apply for up to $10 million funding for large-scale recycling projects that tackle commercial and industrial waste and provide recovery solutions for renewable energy technologies, including end-of-life solar panels and batteries.

Sydney property giant signs first-ever matched energy supply agreement

Clean energy technology company Enosi Energy has entered into a first of its kind initiative with real estate investment business EG Funds using a matched energy supply agreement to bulk up renewable energy used by Sydney commercial properties.

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Australia’s first large-scale solar and storage plant up for sale

Australia’s first large-scale solar and big battery storage installation – the Lakeland project in far north Queensland – has been placed on the sales block with MPower announcing it will use the proceeds to further expand its portfolio of PV and battery storage projects.

National renewables tender design emphasises social licence factors

Social licence commitments have been prioritised over commercial operation dates in the guidelines for Australia’s first national renewable electricity generation tender that is seeking to deliver 6 GW of renewable capacity across the National Electricity Market.

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