Oceania

Australia’s National Reconstruction Fund is up and running, with the federal government transferring the first $5 billion (USD 3.26 billion). The fund has already received around 100 proposals, with climate ventures and advanced technology reportedly dominating.

Mytilineos’ 75 MW Wyalong Solar Farm in the New South Wales Riverina region has now begun feeding into the grid, with almost two thirds of its generation contracted to NBN Australia, the national broadband network.

Despite soiling and mechanical stress, PV deployed between or close to rail tracks is not just a crazy idea, states an Australian-Bangladeshi research group. The scientists conducted a techno-economic analysis on a 128 kW demonstrator and found it may achieve a levelised cost of energy of only USD 0.052/kWh ($0.080/kWh).

Startup accelerator EnergyLab is showcasing its 2023 cohort of promising climate tech startups this morning. Ahead of the launch, pv magazine Australia caught up with participants Energy Synapse and PowerPlay.

UNSW researchers have found a new approach to photochemical upconversion, which involves converting low light particles into higher-energy light particles. The discovery has potential to unlock innovations in renewable energy, particularly solar, with the team flagging it could raise the efficiency limit of solar devices from 33.7% to 40% or beyond.

Brisbane-based flow battery company, Redflow, has inked $4.4 million a deal with the US Department of Defence to deliver a prototype microgrid at a New York state airbase, with up to 1.4 MWh of zinc-bromide battery storage.

The Western Australian government has awarded contracts for its 500 MW / 2,000 MWh big battery in Collie and the 200 MW / 800 MWh extension to the existing Kwinana battery. China’s CATL is set to deliver the battery units for both projects, while Spain’s Power Electronics will supply inverters.

The Australian Energy Market Commission (AEMC) has proposed increasing price caps on the country’s main electricity market. This is meant to allow investors to respond to fill gaps created by ageing coal generation.

Fortescue Future Industries (FFI), owned by mining giant Fortescue Metals, has submitted a proposal for a green hydrogen and ammonia production facility project in Canada’s British Columbia. Dubbed ‘Project Coyote’ the facility would be located in the city of Prince George in the centre of the Canadian province.

Tesla has recently registered as a “Market Customer” with the Australian Energy Market Operator (AEMO). This development, brought to light by industry expert Jon Sibley, has sparked intrigue into Tesla’s intentions in Australia’s retail energy sector.