Australia

Record investment in solar and wind farms across the National Electricity Market has helped to quell concerns that Victoria and South Australia will face increased risk of blackouts later this decade following the impending closure of the Yallourn coal-fired power plant.

Treasurer Josh Frydenberg has unveiled a big-spending Budget but critics have been quick to condemn the lack of money set aside for renewable energy as a “national shame” and missed opportunity as the government continues to pursue its gas-led philosophy.

An expected drop-off in the performance of its Australian battery energy storage assets has sparked a $24 million (€15.6 million) downturn in consolidated revenue for French renewables developer Neoen.

Queensland flow battery company, Redflow, has unveiled the product it’s hoping will launch its lucrative high-voltage, high-capacity, grid-scale future: the Energy Pod Z module.

Tindo Solar, Australia’s only solar panel manufacturer, has teamed up with a group of engineering students from the Australian National University to help them construct a solar race car.

While suburban Australian rooftops have become coated in solar panels, the roofs of our commercial and industrial buildings have remained conspicuously bare. Our shopping centres, however, seem to be slowly be moving in the direction ordinary Australian’s have paved, with Australia’s largest privately-owned shopping centre yesterday announcing plans for a sizeable microgrid. Likewise, Vicinity, one of the country’s largest shopping centre managers, has managed to increase its sustainability rating largely through its extensive solar program.

Government-owned water utility, SA Water, has completed its extensive solar installation project, which involved installing more than 350,000 PV panels across 33 water treatment plants and pump stations across metropolitan and regional areas of South Australia.

RedEarth Energy Storage has partnered with Rexel Australia to expand its nationwide distribution network as the demand for Australian-made energy storage systems grows despite the economic downturn.

Market analysis firm GlobalData has released a new report in which it forecasts Australia’s solar capacity to increase by a factor of four, to over 80 GW, over the next decade. At the same time, the report predicts thermal power to lose its dominance in the energy mix, seeing its share cut by almost half.

The University of New South Wales’s Kondo-Francois Aguey-Zinsou, who heads the Hydrogen Energy Research Centre, has launched H2Potential, a hydrogen advisory firm that seeks to incubate and accelerate some of the world’s most promising hydrogen companies as well as advising prominent companies and industry how to join the hydrogen revolution.