Western Australia’s state-owned gentailer Synergy has completed the installation of Kwinana battery Stage 2, and together with Stage 1 will power 450,000 Perth households for up to four hours.
Future-proofing a grid after coal-fired power generation phases out, has prompted an Australian government review of the National Electricity Market to promote investment in firmed reliable renewable energy such as rooftop solar, utility scale projects, and storage capacity.
Renewables developer Engie has signed a “virtual battery” deal with fellow French company Neoen that will allow it access to the 40 MW of the Victoria Big Battery.
The New South Wales clean energy transition is ramping up with the state government providing planning approval for a second 2 GWh battery energy storage system in as many days.
A mega 70 GW wind and solar project planned for the far southeast of Western Australia is to face close scrutiny with the state’s environmental watchdog confirming the estimated $100 billion project will undergo a public review.
AGL has secured state planning approval to build a 500 MW battery with four hours of dispatchable capacity near Newcastle on the New South Wales Central Coast.
The Australian government will introduce legislation to implement production tax incentives for green hydrogen and critical minerals to help boost investment in the sector.
A national battery rebate scheme, with a target of a million household and business installations by 2030, has been proposed to the Australian government on the back of a community-based Solar Citizens petition.
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
Payments to farmers and landholders hosting large-scale renewable energy projects across Australia’s main electricity grid are expected to top $1 billion by 2030 and could reach up to almost $10 billion by 2050.
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