The Australian government will in November open applications for a $50 million funding program that is to support the development of more diverse solar PV, hydrogen electrolyser and battery supply chains in the Indo-Pacific region.
The International Energy Agency’s latest report warns that failing to support integration at the point of deployment could jeopardise up to 15% of solar and wind projects by 2030. This shortfall would reduce their combined share of the global electricity mix by 5%.
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.
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.
State and federal governments are being urged to ramp up deployment of long-duration energy storage after a new report found significant capacity additions would result in 38% lower system costs than alternatives while playing a critical role in maintaining reliability as coal plants retire over the next decade.
The Victorian government has given the green light for construction on what is to be the state’s largest solar farm to begin, providing planning approval for a $651 million solar and battery energy storage project being developed in the Latrobe Valley.
United Kingdom-headquartered renewables developer Harmony Energy has been given the green light for two solar projects in New Zealand that will add almost 150 MW combined capacity to its portfolio.
A 600 MW solar farm and battery energy storage system of up to 600 MW / 1,200 MWh has been given the green light by the federal government to go ahead in central west New South Wales.
Plans for a 12 GW solar- and wind-powered green hydrogen project proposed for the Gascoyne region of Western Australia have been shelved with the developer citing waning investor interest amid a lack of “appropriate” state government support.
United States manufacturer Tesla has begun installing the first of the 444 Megapack battery units that will make up the 600 MW / 1,600 MWh Melbourne Renewable Energy Hub project being constructed in Victoria.
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