Are you ready, hey, are you ready for this: Is ‘lead time’ the key to milder impacts from coal retirements in the NEM?
Cornwall Insight Australia’s Lead Consultant – Market Analysis, Lumi Adisa, compares the lead times of major coal fired power station retirements in the National Energy Market (NEM) and analyses how renewables, particularly solar plus battery storage, are able to replace lost generation in the transition to a two-sided market.
Aussie startup looks to boost ‘mid-scale’ PV segment through crowd equity
For Komo Energy founders Jonathan Prendergast and Gerald Arends, today has been equal parts terrifying and exciting. This morning, the solar development startup launched their crowd equity offering.
CEP.Energy’s $1 billion C&I rooftop rollout
Never heard of CEP.Energy? The new green energy fund is set to become a renewable powerhouse, installing gigawatts of solar, plus batteries big and small across industrial estates and retail centres around the NEM. Institutional investors are making this virtual-power-plant vision a reality.
NSW to get first ‘big battery’ with ARENA backing
Transgrid is on track to deliver improved reliability and stability to the New South Wales electricity networkafter securing federal and state government funding to install a $61.9 million big battery at its Wallgrove substation in western Sydney.
Construction underway at twin merchant solar farms in the Riverina
Photon Energy has commenced construction on two Australian solar farms which will deliver a combined capacity of 14 MW in the Riverina region of New South Wales.
The weekend read: The plan to REZurrect Australia’s large-scale segment
Investment in large-scale solar appears to be faltering in Australia. The technology with the lowest cost, with no emissions and the fastest time to delivery, has often found itself dangling at the oversubscribed end of a limp transmission line, with additional, expensive requirements to connect, or earnings-slashing curtailments when operational. Investors have found no reassurance in the federal government’s winking at coal, courting of gas, and undermining of agencies established to support innovation and investment in renewables. In short, the Australian prime minister is showing a complete lack of urgency to act on climate change. Enter the Renewable Energy Zone.
ARENA helps fund project to demonstrate energy efficient housing at scale
The Australian Renewable Energy Agency is chipping in over $700,000 to help Frasers Property Australia build 51 energy efficient homes complete with a solar embedded network. The idea is to demonstrate to the wider housing sector that energy efficient homes can be built at scale and be cost-effective to the customer.
Solar Professionals completes Australia’s largest PPA rooftop project
The largest rooftop solar Power Price Agreement (PPA) installation yet undertaken in Australia has been completed with more 1,876 modules installed across Blacktown City Council facilities in Western Sydney.
Clough and Elecnor joint venture appointed EPC for SA-NSW Interconnector
A 50/50 joint venture between Clough Group and Spanish infrastructure giant Elecnor has been selected as EPC for the 700km NSW section of the SA-NSW Interconnector, Project Energy Connect. The big jobs require the big guns, and it seems as though the big guns have been called in on this occasion, with Project Energy Connect deemed integral to the energy future of both states.
Energy Renaissance lithium-ion gigafactory breaks ground in Tomago, NSW
In less than a year from today, Australia will be producing its own renewable-energy-storing lithium-ion batteries in the Hunter Region. A new $28 million Energy Renaissance facility will embed itself in the learning, hard-working, adaptable culture around the port of Newcastle, manufacturing exports that are expected to contribute some $3 billion to Australia’s GDP and advance the country’s energy transition.
