Strategic Alliances

Australian gentailer Snowy Hydro has signed a power purchasing agreement with CWP Renewables for its biggest wind farm, currently in development in New South Wales.

Federal Energy Minister Chris Bowen has declared Australia is “under new management” and determined to “unleash private investment” in new clean energy projects, urging the sector to take advantage of the opportunities available in the renewable energy market.

Australian solar thermal specialist Vast Solar has partnered with storage development company 1414 Degrees to revive the long-awaited Aurora Solar Energy Project – which is to comprise a combination of solar thermal, PV, and battery energy storage technologies – at Port Augusta in South Australia.

Oil and gas giant BP will take a 40.5% stake in the 26 GW Asian Renewable Energy Hub megaproject proposed for Western Australia’s north coast.

Solar installers and resellers can now access up to $250,000 on interest-free terms to increase their stocks of Australian-made solar panels after PV module manufacturer Tindo Solar teamed with business financer Moula Pay.

Philippines-based Prime Infrastructure Holdings has unveiled plans to construct a massive solar farm and energy storage project featuring up to 3.5GW of PV backed by up to 4.5GWh of battery energy storage in the Southeast Asian nation.

Australian federal and state governments have agreed to a suite of reforms designed to tackle soaring energy prices, including creating a national transition plan to phase out fossil fuels, financing projects to boost the nation’s electricity grid, and progressing designs for a new capacity mechanism.

A coalition of peak bodies has called on Australia’s energy ministers to work together to accelerate the transition to renewable energy and resist the temptation to focus only on short-term solutions when they meet today to discuss the “apocalyptic rises in energy prices” impacting Australian energy markets.

Australian redox-flow battery specialist Redflow has upped the ante on its plans to expand into the United States market, announcing it has completed testing that will pave the way for its battery energy storage system to be used in conjunction with hybrid inverters manufactured by United States solar engineering company Sol-Ark.

With some of the highest rooftop solar PV penetration in Australia the outback town of Alice Springs will soon play host to the Northern Territory’s first resident Virtual Power Plant with the project partners exploring how best to bolster the reliability of the local grid and pave the way for the increased penetration of renewable energy.