The Australian government’s Energy Update 2024 shows solar electricity generation grew 21% in the 2022-23 period and is 11 times higher than a decade ago, jumping 3% in each of the past two years.
The South Australian Hydrogen Jobs Plan hydrogen power plant has secured development approval for the construction and operation of 250 MW electrolysers, a 100-tonne storage pipeline and a 200 MW hydrogen fuelled power plant.
The Victoria to New South Wales Interconnector West 500 kV transmission line has received an $840 million boost to progress its early works, enabling equipment orders, the project’s design, and market and community engagement to progress.
A recurring theme from investors and developers is the significant and increasing time it takes to secure Environment Protection and Biodiversity Conservation Act approvals for renewable energy projects in Australia.
Rooftop solar system uptake and 1.2 GW of large-scale solar projects brought online in the past 12 months, have boosted grid reliability in the National Electricity Market, demonstrating a trend the Australian Energy Market Operator forecasts will continue but not without ongoing clean energy investments.
Western Australian energy solutions provider Avid Group has signed a master supply agreement with United States-headquartered company Enervenue which manufactures nickel-hydrogen batteries it says are capable of more than 30,000 duty cycles at two to 12-hour discharge rates.
The 900-kilometre EnergyConnect transmission project, that will link the energy grids in South Australia, Victoria and New South Wales and support the renewable energy build-out, has achieved two major milestones including progress on the project’s main substation hub.
South African miner Gold Fields has contracted Scottish power company Aggreko to more than double the size of an off-grid hybrid solar and battery microgrid helping to power its Granny Smith mining operation in Western Australia.
Victorian utility Barwon Water is powering its services with 100% renewable energy generation almost doubling its annual 30 GWh electricity needs in the process.
Zen Energy has struck a long-term agreement to buy the majority of energy to be generated at the $190 million Quorn Park solar and battery hybrid project being developed by Enel Green Power Australia in western New South Wales.
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