The Independent Planning Commission has approved a hotly contested $200 million solar farm near Gunnedah in New South Wales, under some added conditions.
The Sydney-based publicly listed renewables developer has completed the acquisition of the 50 MW Jemalong solar PV project in New South Wales. It has also commenced refinancing of a 50 MW solar projects that forms part of its landmark Kidston renewable energy hub, Australia’s first large-scale project to use pumped hydro to store solar generated power.
The U.S.-based tracker manufacturer has been chosen to supply its DuraTrack HZ v3 solar trackers to one of Australia’s largest PV projects – the 333 MW DC (275 MW AC) solar farm at Darlington Point, NSW.
U.S.-based hedge fund Magnetar Capital, a 25% investor in a Lyon subsidiary, is seeking to wind up the group’s solar and storage unit, in a case before the Supreme Court of New South Wales. Lyon is looking for ways to buy out Magnetar’s share.
Maoneng Australia, John Laing and Decmil have hosted a sod-turning ceremony on-site in Balranald, NSW. The developer has confirmed the solar farm will be co-located with a large-scale grid connected battery, and stated its plans for an additional 500 MW of solar and energy storage to be added in line with the proposed SA-NSW interconnector.
Stating NSW was once a world leader on climate change, a new Climate Council report notes the state is now far behind being home to Australia’s oldest fleet of coal-fired power generators. While NSW public is highly supportive of renewable energy, state government policies fail to encourage more wind and solar projects beyond 2020.
New myth-busting analysis has revealed that rooftop solar is not so much in vogue among the wealthy, but is more popular among poorer households. Cost-saving benefits are, however, being blunted by high fixed charges, while energy retailers are profiteering from households with solar PV, states the report from the Victoria Energy Policy Climate.
After announcing a policy to drive 9 GW of renewable energy within a decade if elected, NSW Labor has pledged to invest $11 million to train and accredit electricians to install and maintain the new solar energy infrastructure in the state.
The Smart Energy Council has hailed today’s announcement of NSW Labor’s policy to drive 7 GW of renewable energy into the National Energy Market by 2030 as “the biggest rollout of renewable energy in Australia’s history”.
After it garnered broad support in political and industry circles, the proposed SA-NSW interconnector is in line for a speedier approval than expected, with the AEMC looking to fast-track the regulatory approval process.
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