China’s largest state-owned grid operator and power utility plans to deploy the world’s biggest battery fleet and almost quadruple its pumped hydro storage by 2030, thus supporting the nation’s switch to renewable energy sources.
The deployment of standalone power systems in the National Electricity Market is expected to accelerate after the Australian Energy Market Commission this week published new rules allowing distributors to install the renewables-based technology in the five market jurisdictions.
More than 3 million Australian households and small businesses have voluntarily installed rooftop solar systems but a local council in New South Wales is looking to mandate the continued rollout, investigating the potential for all new homes built in its region to be required to have solar PV panels on the roof.
A cohort of 25 New South Wales councils has signed a renewable energy supply deal worth an estimated $180 million that will see the local government associations supplied with electricity sourced from three of the state’s large-scale solar farms.
India and Australia have signed a letter of intent to cooperate on scaling up the manufacture and deployment of ultra-low-cost solar and “clean” hydrogen.
Shipping containers storing roughly 100MW of LONGi solar modules have been released, reports ROTH Capital Partners in an industry note, while Trina has had the vast majority of its detained product released, if not all of it entirely.
Two events in the past week mark a watershed for Australia’s electricity industry.
ARENA has opened round two of its Future Fuels Program, allocating $127.9 million in funding to support fleets to shift to new zero emissions vehicles over the next four years, be that electric, hydrogen, or biofuels.
The Green Hydrogen Policy is designed to promote green hydrogen and green ammonia projects with provisions like a 25-year waiver of inter-state transmission system (ISTS) charges and ISTS connectivity priority for renewable energy capacity set up for the purpose.
Origin Energy’s announcement that it is accelerating the closure of Australia’s largest coal-fired power station has triggered calls for the Federal Government to develop a nationally co-ordinated approach to manage the retirement of fossil fuel generation as well as support investment in new clean energy generation.
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