bp increases stake in 26 GW Australian Renewable Energy Hub
Investment bank Macquarie Group has sold its share in the 26 GW Australian Renewable Energy Hub megaproject proposed for Western Australia’s Pilbara region to oil and gas giant bp.
ACEN teams with Marubeni on 400 MWh New England battery
ACEN Australia and Marubeni Asian Power Singapore have struck a deal to jointly develop a 200 MW / 400 MWh battery energy storage system alongside ACEN’s multi-stage 720 MW New England solar project being constructed in regional New South Wales.
PM commits $2 billion to boost Southeast Asia’s future 454 GW need
Australia will invest $2 billion into Southeast Asia green energy and infrastructure development as part of a broader economic strategy that estimates the region’s electricity generation needs by 2050 to be 454 GW.
AGL throws weight behind 2 GW NSW energy park
Energy generating and retailing giant AGL has teamed with Australian renewable energy company Someva Renewables to develop a hybrid wind, solar and battery storage facility that could deliver more than 1.5 GW of renewable energy generation capacity to the National Electricity Market.
ACEN lands loan to boost renewables expansion in Australia
Philippines-based energy company ACEN Corporation has secured a $150 million funding package that will bolster its plans to deliver a 9 GW portfolio of solar, wind, battery storage and pumped hydro projects in Australia.
EDF to drive development of 3 GWh pumped hydro project
The Australian arm of French energy giant EDF Group has acquired and agreed to co-develop the proposed 300 MW / 3 GWh Dungowan pumped hydro energy storage project being progressed in the New South Wales New England region.
Vanadium battery players partner on Queensland manufacturing supply chain
Australian minerals company Vecco Group will team with Japanese manufacturer Sumitomo Electric and Idemitsu Australia to build an ‘end-to-end’ manufacturing supply chain for vanadium flow batteries in north Queensland.
IGE partners with Axpo on Italian green hydrogen project
Western Australian renewable hydrogen company Infinite Green Energy will team with Switzerland’s largest renewable energy producer Axpo to develop a large-scale solar-powered green hydrogen project in central Italy.
GFG signs green hydrogen deal for Whyalla steelworks
The South Australian government has struck a deal with GFG Alliance to explore a green hydrogen offtake agreement as the company seeks to phase out coal-based steelmaking at its Whyalla iron and steel plant in the state’s Upper Spencer Gulf.
The path beyond 5 TW
With the COP28 climate summit in Dubai resulting in a pledge of at least 11 TW of renewables generation capacity by 2030, Bruce Douglas, chief executive officer (CEO) of the Global Renewables Alliance (GRA), examines the outcomes of the conference and their likely impact on the solar industry.
