Legislation to establish the Energy Security Corporation has passed in the New South Wales parliament and will be seeded with $1 billion for accelerating private clean energy investments, and specifically not to invest in nuclear or carbon capture and storage.
Over the next three years energy retailer and tech company Amber Electric will trial a software solution for electric vehicle smart charging and bi-directional vehicle-to-grid services to enable consumers using their cars can buy and sell energy to the grid.
Climate change and energy received a $3.5 billion commitment in the New South Wales Budget on 18 June, plus $3.1 billon to deliver renewable energy zones, which got an extra $128 million boost to upgrade roads between them and the Port of Newcastle.
Long duration energy storage developer MGA Thermal is one step closer to commissioning its behind-the-meter demonstration plant after receiving a $2.48 million windfall from the Australian Renewable Energy Agency.
Australian infrastructure developer Pacific Partnerships has added one of the largest proposed solar farms in Australia to its growing portfolio, purchasing the development rights for the 700 MW Cobbora Solar Farm and co-located battery energy storage project planned for western New South Wales.
The Quorn Park Hybrid Project, that will comprise an 80 MW solar farm and two-hour battery energy storage system, is expected to commence full operations in early 2026 with developer Enel Green Power Australia announcing the construction phase will begin within the next quarter.
University of New South Wales researchers have created vortex generators that can reportedly reduce the operating solar module temperature by up to 2.5 C. They built two different prototypes, based on aluminum and a conductive 3D printable polymer, and tested them under several scenarios in an experimental setting deployed in Sydney.
Investment fund managers IFM Investors and QIC have inked Australia’s largest power purchase agreement worth $700 million through its infrastructure renewable energy program which has a potential total size at peak of 500 GWh per year.
Spanish renewable project developer Solarig has signed an agreement with Australian electricity and gas company Jemena to collaborate on the development of green hydrogen projects, dropping a pin on regional New South Wales.
An inert uptake of rooftop solar and battery storage by commercial and industrial business in New South Wales is a 7 GW opportunity missed, and nationally, 28 GW, says Nexa Advisory.
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