CEFC invests $100 million into energy efficient apartment developments
The Clean Energy Finance Corporation has invested $100 million in the property development strategy of France-headquartered investment firm AXA IM Alts, which aims to embed sustainability into their Australian builds.
Envirostream Australia signs battery recycling agreement with Hithium
Envirostream Australia, a subsidiary of chemical company Livium, has signed an exclusive recycling agreement with Hithium Energy to recycle lithium-ion batteries supplied by Hithium to Lightsource bp’s Woolooga solar farm in Queensland.
Report finds 50% of Australians don’t know utility-scale solar is a renewable source
A new report from the Climate Council shows Australians are largely in the dark about renewables, including recogising rooftop solar, but not utility-scale solar farms, as renewable sources.
New tool tips solar to supply 50% of global energy demand by 2035
Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modelling tool that also predicts solar costs will continue falling by 10% a year.
Brisbane Airport net zero milestone includes 10 MW of onsite solar
Brisbane Airport has announced it’s 100% powered by renewable energy from 10 MW of onsite solar generation sourced via 18,000 solar panels installed across the facility, plus a recent purchase of 100% renewable energy from state-owned generator, Stanwell.
Costs climb for NSW-SA grid interconnector
Transgrid has confirmed the cost of the New South Wales section of Project EnergyConnect has climbed to $3.6 billion, well above the $1.82 billion price tag that was originally approved.
RACV adds virtual power plant services to suite of membership offerings
RACV has added virtual power plant (VPP) services to its catalogue of membership offerings and follows integration of the FCAS-friendly PowerSync platform with solar and battery installations at RACVs Torquay and Inverloch resorts in Victoria.
Rooftop solar install rates end year on high
Australia’s rooftop solar market finished 2024 on a high with about 309 MW of monthly installations delivering one of the best December totals of recent years and putting the national trend back on the up.
ZEN Energy, HDRE joint venture targets 1.4 GW of solar and storage
The scope of Zen Energy’s fledgling collaboration with Taiwan’s HD Renewable Energy has expanded with the two parties launching a joint venture that is targeting the development of 400 MW of solar and 1 GW of energy storage capacity in Australia.
Australian utility-scale battery deployment surges past solar, wind – falls short of requirements
Big BESS is booming in Australia, with almost 5 GW of projects under construction last year, according Rystad Energy. While encouraging, the analyst reports that the volume remains insufficient to overcome growing rates of renewable curtailment. “We have around 3 GW operational at the moment, but about half of that is still in commissioning. So you still only have 1.5 GW on the market where the average load is 23 GW,” Rystad Energy’s David Dixon said.
