Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.
Looking to pursue utility-scale battery storage opportunities in Asia Pacific markets, the Australian renewable energy developer, the US-German joint venture and the Japanese joint venture have entered into a collaboration agreement, under which their first task will be to develop three integrated solar and storage projects in Australia, including what would be by far the world’s biggest battery.
The newly founded joint venture raised $500 million in capital investments realize a large scale smart meter roll out in Australia. Origin Energy previously contracted Acumen for this sector. The Acumen brand will be retained and managed together with intelliHUB
Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
Chinese/Australian developer Maoneng has signed a 15-year PPA to provide energy company AGL with 300 MW of PV projects, to provide up to 800,000 MWh of electricity per year. The projects form part of AGL’s plan to replace the coal-fired Liddell Power Station, set to close in 2022.
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