A new analysis by the Clean Energy Council reveals a dramatic fall in the number of large-scale renewable energy projects committed in the second quarter of 2020, with just three projects representing 410 MW of new capacity reaching financial close – the lowest level since 2017.
Western Australia’s Recovery Plan continues to grow greenery as more renewable aspects of the state’s stimulus package come to light, specifically solar light that is. The state government has committed $22 million toward nine green hydrogen initiatives across the state, while also bringing forward its Renewable Hydrogen Strategy targets a decade and topping up the green hydrogen fund.
An ARENA-backed project will focus on addressing barriers to further renewable energy penetration in the Alice Springs local electricity network.
In addition to 330 MW of batteries already announced, Australia’s biggest power producer has unveiled a plan for another 850 MW of grid-scale storage, the bulk of which will be installed alongside its Liddell coal-fired power plant.
The NSW Government has approved the development of the state’s first hydrogen gas facility at Horsley Park. The Western Sydney Green Gas Project will power local homes and businesses and supply hydrogen-powered vehicles.
The NSW country town of Broken Hill is set to host one of the world’s largest microgrids supplied by solar, wind and grid-scale storage.
Gas utility Jemena has committed to produce and deliver hydrogen gas to Hyundai’s Macquarie Park headquarters from early 2021.
The 120 MW solar project near Wagga Wagga in New South Wales, the first renewable energy asset in the portfolio of network owner Spark Infrastructure, has achieved a critical milestone in the face of market challenges and delays.
In the absence of a national carbon-emissions target and a long-awaited EV policy, Origin and the Australian Renewable Energy Agency (on behalf of the Australian Government) are forging ahead with research that will show how coordinated smart-charging of an eventual surge of EV battery storage will benefit consumers and the grid.
The Australian government’s green bank intends to move beyond solar and wind investment over the coming year and put its capital to work in the nascent green hydrogen industry and grid projects.
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