New South Wales

New South Wales will be the test bed for the Commonwealth-funded Capacity Investment Scheme with the federal government to underwrite investment that will help deliver almost 1 GW of firmed renewable energy capacity to support the state’s rapidly changing energy market.

New South Wales transmission network operator Transgrid plans to spend $16.5 billion (USD 11.22 billion) to grow the state’s power system over the next decade to ensure the “secure operation” of the grid at up to 100% instantaneous renewables.

Australian battery material start-up Sicona Battery Technologies will accelerate commercial development plans both here and in the United States after securing financial support from a group of international investing heavyweights for its silicon-composite anode technology designed to improve the performance of lithium-ion batteries.

As many as 60 renewable energy projects are expected to lodge environmental impact statements in New South Wales over the next 12 to 18 months. As the transition accelerates, the state’s new Energy Minister has told renewable proponents they must substantiate what’s in it for hosting communities.

The Clean Energy Finance Corporation has awarded the Australian arm of Malaysia-headquartered property developer Mulpha an $80 million (USD 53.95 million) loan to help deliver the first stage of an energy-efficient apartment development in Sydney’s Hills district which is to be powered by 100% renewable energy.

Australia is set to electrify everything. Vibrant communities willing to trial the transition are the first in line to learn what to do and how to bring everyone along, reports pv magazine Australia’s Natalie Filatoff.

Compulsory acquisition letters have been sent to landowners along the route of the Central-West Orana transmission link this week by the state’s Renewable Energy Zone planner, EnergyCo. It marks the beginning of the formal negotiation process for the transmission line, which has yet to be put on public exhibition.

Analysis conducted by Cornwall Insight Australia reveals that certain coal plants in New South Wales may benefit from delaying their retirement, following the release of new plans for the VNI West transmission project.

The New England megaproject just became even more mega, and is now set to house a 1.4 GW / 2.8 GWh battery – taking the crown for Australia’s biggest battery. Developer ACEN Australia says the NSW government has approved its expanded battery proposal, which is set to go in next door to its 720 MW New England Solar project.

GemLife, which describes itself as “luxury resort living for the over-50s,” has set up its own Virtual Power Plant (VPP), and is set to invest $75 million in coming years to rollout the VPPs across more than 10,000 homes in its property portfolio on Australia’s east coast.