Oceania

French renewables developer Neoen has credited the Victorian Big Battery with almost tripling its storage revenues in the first nine months of 2022. To September, the company’s revenues totalled $547 million (USD 347.4 million), with growth in solar and wind revenues paling beside the massive surge from battery storage.

The New South Wales government has formally declared the state’s third Renewable Energy Zone (REZ). The South West REZ, as its called, is centred around the towns of Hay and Balranald in the state’s western Riverina region, with initial expressions of interest in the zone attracting up to 34 GW of generation proposals – more than 13 times the intended capacity of 2.5 GW.

Western Australia’s largest virtual power plant, the government-support Project Symphony, is live. The project is particularly noteworthy for its introduction of new markets to reward different services and its use of Dynamic Operating Envelopes.

Australian headquartered mining giant BHP has signed a 70 MW baseload renewable energy contract with Neoen to meet 50% of its Olympic Dam mine operations in South Australia.

If the hydrogen economy was fuelled by announcements, it would be booming. In reality, little has come to operational fruition yet. More alarmingly, there is a complete “void of activity” in the Australia’s crucial early stage industry development, BayWa r.e. Australia’s Dr James Hamilton tells pv magazine Australia. “We’ve got a lot of ground to make up and if we don’t acknowledge that, we’re not going to make that ground.”

Australia’s two dominant tracker companies, Nextracker and Array Technologies, are launching terrain following products which the companies claim mitigate, sometimes even eliminate, the need for earthworks on site, opening up a host of previously unsuitable land for solar. Nextracker has just completed its first terrain-following project in Australia, with Array Technologies’ line set for delivery in the second half of 2023.

“Australia’s critical minerals are at the centre of an important moment in history which could dictate the shape of the world that we will live in for the next century,” federal resources minister Madeleine King told the Rare Earth Conference in Canberra. With the strategy to grow critical mineral supply chains between Australia and the US gaining momentum, this concept of “friendshoring” was in the spotlight at All Energy 2022.

Bolt-in electric vehicle kits in Australia have just got a leg up, with Melbourne startup Jaunt Motors joining forces with UK company Zero EV to operate a new, larger scale business to have production facilities and operations across Australia, the UK and, “very soon,” the US.

The Australian arm of Philippines-based AC Energy Corporation, or ACEN, has had its vision for an 8 GW clean energy portfolio including solar, wind, battery and pumped hydro supported by a $75 million (USD 48 million) investment from the Clean Energy Finance Corporation.

“Integration” was the war cry at this year’s All Energy conference in Melbourne, with an unmistakable push, especially among ‘premium’ brands, toward vertically stacked product suites bundling solar, batteries, energy management platforms, virtual power plants and electric vehicle chargers into one super solution. How big is the market for such a proposition in Australia though? And does streamlining stymie flexibility? pv magazine Australia spoke to a number of brands on the promise, and limits, of the full stack strategy.