Allegro to ramp up flow battery capacity after closing $17.5 million funding round
Australian redox flow battery developer Allegro Energy aims to “rapidly accelerate” its manufacturing capacity after closing a $17.5 million funding round that attracted major domestic and international investors.
Actis invests in 3.5 GW / 4.5 GWh of solar-plus-storage in Philippines
Private equity investor Actis has become a strategic partner in a 3.5 GW / 4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion.
Singapore progresses its 4 GW clean energy import ambition with new agreements
Singapore has progressed its ambition to import 4 GW of low-carbon electricity by 2035 from neighbouring countries, which includes from Australia’s SunCable project, with the signing of two new agreements.
Next wave of electricity generation hinges on oceans of opportunity
A wave energy convertor to be launched off the coast of Western Australia mid September 2024, is the subject of a feasibility study to demonstrate renewable electricity can be sourced from the ocean’s motion.
International players progress plans for massive WA green energy hub
An international consortium planning to build a 50 GW solar-and-wind energy hub in Australia’s southwest has announced it will partner with Korea’s largest electricity utility to advance the development of what would be one of the largest green hydrogen production facilities in the world.
Major transmission project gets $840 million injection to kickstart early works
The Victoria to New South Wales Interconnector West 500 kV transmission line has received an $840 million boost to progress its early works, enabling equipment orders, the project’s design, and market and community engagement to progress.
New Zealand’s energy security thrown multi-million dollar lifeline
New Zealand Green Investment Finance has provided $71.7 million to finance infrastructure and broader development activities required by Auckland-headquartered utility solar developer Far North Solar Farm.
Avid signs Australian supply deal for nickel-hydrogen storage solution
Western Australian energy solutions provider Avid Group has signed a master supply agreement with United States-headquartered company Enervenue which manufactures nickel-hydrogen batteries it says are capable of more than 30,000 duty cycles at two to 12-hour discharge rates.
Victorian utility almost doubles annual energy needs with switch to 100% renewables
Victorian utility Barwon Water is powering its services with 100% renewable energy generation almost doubling its annual 30 GWh electricity needs in the process.
Enel lands long-term PPA for Quorn Park solar and storage project
Zen Energy has struck a long-term agreement to buy the majority of energy to be generated at the $190 million Quorn Park solar and battery hybrid project being developed by Enel Green Power Australia in western New South Wales.
