Australia’s first community-owned electricity retailer, Enova Energy, has gone into voluntary administration, claimed by the ongoing energy crisis unfolding in Australia’s east.
The Australian Energy Market Operator (AEMO) says it has not suspended solar and wind project commissioning, though it noted the schedules for some projects have been adjusted because of the ongoing energy supply crisis.
Australian gentailer Snowy Hydro has signed a power purchasing agreement with CWP Renewables for its biggest wind farm, currently in development in New South Wales.
New South Wales Energy Minister Matt Kean said the state government is unlikely to use new emergency powers granted to ensure energy supply is maintained after the market operator advised conditions in the grid were improving.
The Australian Energy Market Operator (AEMO) this afternoon suspended the electricity wholesale spot market in all five of the participating National Electricity Market states, saying it has become “impossible” to operate.
Sydney-based solar company Solaray Energy says its inquiries have doubled since the federal election, rebounding back to the record demand seen in 2020 ad 2021. Moreover, the company’s director and co-founder Jonathan Fisk says interest in batteries is “making solar fly,” with half of the potential new customers looking to add storage.
Edify Energy has completed the financing for its grid forming 150 MW / 300 MWh battery energy storage system. The system will be made up of three separate batteries in the Riverina region of NSW which have gained approval to operate in ‘virtual synchronous generator’ mode.
The New South Wales government has announced its single biggest investment yet in renewable energy infrastructure, committing $1.2 billion to fast-track priority transmission and energy storage projects as the energy sector continues its rapid transformation towards a decarbonised and decentralised future.
The New South Wales government has invited registrations of interest from renewable generators, energy storage and network developers, and existing and proposed energy loads, to participate in shaping a renewable energy zone to be established in the Illawarra region on the state’s south coast.
About 1 million New South Wales households will be able to apply for an upfront payment of almost $3,000 to put towards a solar system or energy-saving upgrades to home appliances as part of a new state government program designed to reduce energy bills as power prices soar.
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