CSIRO report reveals renewables remain cheapest new-build power
The latest estimates of electricity generation costs in Australia have confirmed solar and wind continue to be the cheapest sources of new-build electricity generation, even when factoring in additional integration costs such as storage and new transmission infrastructure.
Greenspot lodges DA for massive 500 MW battery at former coal-fired power plant
New South Wales-based development company Greenspot has lodged a planning application for a massive 500 MW/1,000 MWh battery energy storage system to be built at the site of the shuttered coal-fired Wallerawang Power Station near Lithgow in the Central Tablelands.
End of coal is coming three times faster than expected. Governments must accept it and urgently support a ‘just transition’
Coal is likely to be completely gone from Victoria’s electricity system by 2032 with most other parts of Australia not far behind, a report from the Australian Energy Market Operator declared last week.
PepsiCo Australia makes switch to 100% renewables with new PPAs
The Australian arm of United States-based multinational food and beverage corporation PepsiCo has made the switch to 100% renewable electricity after partnering with Engie and the owners of the 10 MW Northam Solar Farm in Western Australia’s wheatbelt region to access power purchase agreements.
European Commission suggests zero-emission building mandate for 2030
The proposed measure, which will now pass to the Council of Ministers and European Parliament for debate, would further the adoption of PV, according to SolarPower Europe, especially if the commission’s proposal it be applied to public sector structures from 2027 is adopted.
Waste company turns to rooftop solar for clean energy solution
Australian waste management company Cleanaway has turned to rooftop solar in its search for energy efficiency, investing almost $5 million in a national rooftop solar PV program which it predicts will slash its electricity bill and reduce its reliance on the grid.
Swiss fund to finance rollout of 10,000 solar-plus-battery systems
Western Australian renewable energy company Plico Energy’s bold ambition to develop a grid-scale virtual power plant has received a major financial boost with Swiss investment firm SUSI Partners committing to provide capital for the rollout of 10,000 integrated solar-plus-battery systems.
Alinta switches on WA’s largest remote solar farm
In an Australian first, up to 100% of daytime operations at two major iron ore mines have been powered entirely by renewable energy after power utility Alinta Energy switched on the 60 MW Chichester Hub Solar Farm in Western Australia’s Pilbara region.
Longi wants to reach electrolyser capacity of 2 GW by 2023; investor enthusiasm for Port Anthony hydrogen project
Australian green energy company Port Anthony Renewables’ oversubscribed capital raising exercise has put a fresh $3 million directly into its commercial scale hydrogen precinct ahead of a planned Australian Securities Exchange (ASX) listing next year. Meanwhile, Longi reportedly plans to build 1.5 GW of production capacity of electrolysers next year, up from 500 MW today.
Shell buys solar and storage company Savion from Australia’s Macquarie Green Investment Group
The transaction, for which Shell did not reveal the purchase price, will see the energy company pick up a U.S. project development pipeline which reportedly runs to more than 18 GW of solar generation and energy storage capacity across 26 states.
