News

Industry superannuation fund manager IFM Investors has announced an ‘unprecedented’ set of Australia’s largest infrastructure assets have set firm emissions targets which are expected to be met with large-scale solar uptake.

The Australian Renewable Energy Agency (ARENA) will top up Evie Networks ultra-fast battery electric vehicle (EV) charging network throughout Australia’s highways with $15 million in federal funding.

One of Victoria’s largest industrial solar power stations has been built at the Nine Mile Fresh apple processing and packing facility in South East Gippsland, a 1.4 MW system that will save the high-tech industrial agriculture business at least a third on its spiralling energy bills.

A tribute to Guy Sella has hailed ‘a brilliant man’ and ‘a revolutionary trailblazer’ who was ‘vibrant and energetic’ yet ‘down-to-earth and approachable’.

In an effort to replace two aging power plants, Hawaiian Electric Industries has launched a roughly 900 MW procurement, the largest in the utility’s history, across the islands of Oahu, Maui and Hawaii.

CQSola, the startup company of Australian energy innovators Ian and Tony Schirmer, will soon begin manufacturing a DC optimiser that promises to solve many of the inherent problems of solar farming, increase energy output, and drive greater insights into large-scale solar energy production.

John Laing Group has reported losses in Australia of some $121 million — said to be due to transmission factors on three of its renewable-energy projects — leading the company to write down the value of those projects and suspend new investment in Australian renewable generation.

The Australian Energy Market Operator (AEMO) has today released its 2019 Electricity Statement of Opportunities (ESOO), a forecast of the supply and demand conditions across the National Electricity Market (NEM) as the country moves toward the 2019-20 summer. AEMO warned that a dearth of short and longer-term investment in dispatchable resources and transmission will ensure real-world impacts this summer.

Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.

Energy giant Shell has launched a takeover bid of Australian gas-only electricity retailer ERM Power as part of its strategy to transition to electricity and its ambition to become the biggest generator in the world. Wood Mackenzie analysis suggests Shell is expanding into other global power markets.