International oil giant Shell has provided New South Wales startup MGA Thermal with “gamechanger” funding to accelerate the completion of a commercial-scale pilot plant designed to demonstrate the role the company’s energy storage technology could play in the Australian energy market.
The New South Wales Labor Party plans to tip in $1 billion (USD 690 million) to create a state-owned energy corporation which will partner with the private sector to accelerate investment in pumped hydro, community batteries and renewables to support the state’s energy transition.
The New South Wales government has announced an $8 million (USD 5.5 million) pilot program which will support the entire electrification of three communities across the state. It is anticipated the initiative will include the deployment of solar, batteries and local electric vehicle charging infrastructure.
New South Wales network Transgrid has announced it will trial the first dual-cab electric ute released in Australia.
If re-elected in March, the New South Wales Liberal and National coalition say they will fast track the rollout of public and private electric vehicle (EV) chargers by reforming strata and planning laws, and installing public facilities at transport hubs.
Cabonne Shire Council in New South Wales is the latest of Australia’s local governments looking to latch onto the benefits of solar power, announcing it will develop a 4 MW solar farm and energy storage system to help slash its energy bills.
Network operator Essential Energy has installed its first grid-scale battery energy storage system on the New South Wales electricity network as part of a “critical” trial designed to allow more renewable energy into the grid and drive better network utilisation.
The prestigious Queen Elizabeth Prize for Engineering has this year been awarded to the University of New South Wales’ Professor Martin Green, Dr Aihua Wang and Dr Jianhua Zhao, as well as the Australian National University’s Professor Andrew Blakers, for their research work and development of PERC solar technology.
The New England and Stubbo solar farms in regional New South Wales are now 100% owned by ACEN after the Philippines-based energy company, through its subsidiary ACEN Renewables International, completed its acquisition of the development platform UPC/AC Renewables Australia.
CleanPeak Energy, who have until now specialised in the C&I segment, have acquired the 13 MW Mugga Lane Solar Park in Canberra. CleanPeak reportedly bought the solar farm for between $30 million (USD 21 million) and $40 million, after it was placed into voluntary administration following a loan dispute.
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