Insurance premiums for renewable energy projects are likely to increase again this year, as a joint report from insurance specialists finds the sector continues to underperform from an insurance perspective.
Delivered by Neoen and ActewAGL, Australia’s first hydrogen vehicle refuelling station today opened in Canberra, catering to the state government’s new fleet of Hyundai Nexo hydrogen cars.
Perth-based Province Resources has tapped on ERM to steer its 1 GW co-located solar and wind green hydrogen project in the Gascoyne region of Western Australia through the raft of approvals required for development. The project is ideally positioned for domestic and export supply of green hydrogen and ammonia.
Australia’s first renewables brokering service, Teho, aims to tie together the disparate industry threads of solar, batteries, EVs and renewable energy retailers and simplify the path towards renewables for everyday people. Pv magazine Australia spoke to the two brothers behind the business, Jonathan and David Green (yes, that really is their surname), about the gap in the market they seek to tap.
The Australian Energy Market Commission, Australia’s energy rule maker, today released its draft determination on how to integrate energy technologies like solar and batteries into the electricity grid. In the draft, the Commission revived its proposal for a solar tax, immediately stirring backlash.
Queensland’s government will install five community batteries at regional substations across the state in a bid to time-shift its abundant solar resources.
Australian lithium-ion battery manufacturer Energy Renaissance has warned of the threat posed by “nefarious actors” while detailing plans to develop “a defence-grade cybersecure” Battery Management System which will align with its superStorage range of batteries.
Melbourne-based company SEA Electric has launched Australia’s first locally-assembled electric truck range, offering a range of emissions-free transport configurations.
AGL’s nose pushes in front in the race that stores the nation with the announcement that construction on its 250 MW one-hour-duration battery at the site of its Torrens Island power station in South Australia is now underway. The announcement follows directly on from AGL having lodged a planning application for a 200 MW battery at its Loy Yang power station in Victoria.
Construction is expected to commence on the massive 250 MW Kidston Pumped Hydro Storage Project in the coming weeks after developer Genex Power announced a $115 million share issue which will deliver the final funding required for the project to proceed.
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