FRV points to refinancing move as sign investor appetite is ‘growing’
The Australian arm of global renewable energy developer Fotowatio Renewable Ventures has pointed to the refinancing of its 100 MW Lilyvale Solar Farm in Queensland as a sign of renewed investor confidence in the nation’s renewables sector.
South Energy progresses plans for 392 MW of solar and storage projects
Australian renewables developer South Energy has announced a series of “significant milestones” with a trio of large-scale solar PV and battery projects, with an aggregated capacity of more than 390 MW, getting the tick of approval from relevant authorities.
Report shows South Australia on path to 100% renewables
South Australia is closing fast on its target to be powered by 100% net renewables by the end of the decade with new data revealing a combination of wind and solar energy provided a daily average of almost 70% of the state’s electricity needs last financial year.
BOC partners with bp to build ‘Australian first’ green hydrogen refuelling facility
Oil and gas major bp Australia has teamed with gas and engineering company BOC to build what it describes as the first green hydrogen refuelling facility to be installed at an existing petrol station in Australia.
Solar power costs continued to fall in 2021, despite rising panel prices
The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.
Global electrolyser market to reach 8.5 GW by 2026
GlobalData has predicted that the global electrolyser market will hit 8.52 GW by 2026. BP and Thyssenkrupp have agreed to cooperate on the use of hydrogen in the steel sector, while electrolyser supplier Nel Hydrogen has secured orders in Australia and Denmark
The real value of energy storage
An international research team has developed a new way to evaluate the economic value of energy storage technologies. They went beyond pure cost assumptions to consider the benefits that such technologies could bring to energy systems.
Epuron pulls plug on Western Australia solar farm
Renewable energy developer Epuron Holdings has abandoned plans to construct a 5 MW solar farm on a former landfill site in Western Australia after failing to secure a commercial agreement with an electricity retailer to purchase the power to be generated on the site.
Elevated shipping costs to remain challenge for solar sector
Australia’s solar industry can expect to contend with elevated shipping costs and ongoing supply disruptions for at least another year before a ‘normalisation’ of the global ocean freight system.
Electric vehicles pass remote road test say ANU researchers
Researchers from the Australian National University have declared a major roadblock to the electrification of the nation’s transport sector has been removed with a new study showing electric vehicles can handle the long distances required to travel to essential services in Australia’s remote and regional areas.
