5B’s modular expansion plans boosted by bigwig investment
5B, the Sydney-based modular solar manufacturer has successfully completed its most recent $12 million funding round, and along with the continued support of existing investors, the clean technology company also received investment support from former Australian Prime Minister Malcolm Turnbull and Smart Energy Council Director Simon Holmes à Court.
SA social housing VPP expanded to provide Tesla batteries to homes without solar
The Housing SA Tesla VPP is being expanded to include a trial of 20 homes unsuitable for solar installation. The SA Government is offering free Tesla batteries to such homes to show how participation in the VPP with a battery alone can still deliver significant savings.
WA oil and gas company enters ‘green’ hydrogen market by acquiring stake in Patriot Hydrogen
Western Australia-based oil and gas company Prominence Energy has become the latest fossil fuel company to enter the hydrogen market by acquiring a 20% stake in Patriot Hydrogen.
NSW launches renewable gas certification pilot as debate around the sector’s decarbonisation escalates
The New South Wales government has today launched a renewable Renewable Gas Certification Pilot, with the aim of sparking a new energy market for clean gas in Australia.
Batteries boom as investment in large-scale renewables slumps to a 5-year low
New data released by the CEC and confirmed by industry experience, shows investors have become shy of committing to large-scale renewable projects in Australia, where government intervention has created uncertainty, and grid risk is virtually impossible to quantify — even with a prized connection agreement in hand.
New commercial e-vans hook up with Evie Networks charging for low-cost, low-carbon delivery services
E-commerce has gone through the roof since Covid-19 emerged, adding carbon kilometres to every purchase. A partnership between Trevor St Baker’s interests and TrueGreen Mobility is targeting the light-commercial vehicle class for an electric take over.
Critical energy transition infrastructure gets the regulatory green light!
TransGrid and ElectraNet have shovels at the ready to begin work on the long-planned and hard-won Project EnergyConnect, which will link three Australian states with much needed capacity for transmission of renewable energy.
Australia’s energy storage installed base to grow more than five times by 2030
In its latest report, IHS Markit predicts that energy storage installations in Australia will grow from 500 MW to more than 12.8 GW by 2030. Today, Australia makes up less than 3% of total global installations for battery energy storage and is the seventh largest market globally. By 2030, it is forecast to comprise 7% of global installations and become the third largest market. This growth will be largely driven by three distinct market segments: residential, standalone front-of-the-meter, and collocated with utility-scale renewables.
Rystad doubles IEA calculations on solar PV required by 2050 — think 50,000 TWh
Solar rules in any scenario of what the world needs to work towards over the coming three decades, to keep global warming under 1.5 degrees. But analysts at Rystad Energy have arrived at a far greater tally than recent IEA projections of how much PV people will be plugging into.
Commonwealth puts $20 mill into Amber, helping energy customers ditch exxie fossil fuels for renewables
That’s the Commonwealth Bank of Australia we’re talking about, not the Commonwealth Government … but someone has to lead the way. Sustainability-savvy CBA is placing an investment bet on innovative energy retailer, Amber.
