AC Renewables, the energy arm of Philippines’ Ayala Corp, and Australia’s UPC Renewables have agreed to buy 51% in a 250 MW pumped hydro project and a neighboring 300 MW solar project, both located in South Australia.
Stage 1 or an equivalent of 85 MW has been installed and tested at the Finley Solar Farm, one of the many large-scale solar developments in the Riverina region.
In partnering with the National Maritime Museum in Sydney, SunMan has found an ideal showcase for the capabilities of its innovative eArche lightweight solar panels. A crush of CBD businesses cranes in to consider PV’s latest possibilities.
Ovida provides PPAs to businesses and multi-tenanted buildings, but the company is also working hard on a Community Energy Microgrid Hub and Victoria’s largest concentration of on-grid microgrids in the heart of Victorian coal country, the Latrobe Valley
The Brisbane-based energy storage manufacturer has raised $4.75 million in Series A funding from the Queensland Government Business Development Fund and Australian institutional and family investors.
The Andrews Labor Government is delivering on last year’s election promise to boost renewable energy in Victoria and is seeking to legislate increasing its renewable energy target to 50% by 2030.
The Clean Energy Finance Corporation (CEFC) and the Bank of Queensland Finance Division (BOQF) are teaming up to provide $100 million in financing for clean energy upgrades to their facilities, equipment and fleets. The BOQF Energy Efficient Finance will provide loans at a 0.7% discount, drawing on the CEFC funds, to businesses looking to invest in upgrades and equipment that will reduce emissions and deliver savings on energy costs.
In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week Prime Minister Scott Morrison is set to announce $500 million in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.
Scientists at the Australia National University have observed a key stage in the process of photosynthesis which could be copied to greatly increase the efficiency of sunlight-powered water splitting processes used to produce hydrogen.
A 1.6 MW community solar farm will support the Victorian town of Natimuk to reach its target of being 100% powered by renewable energy. The project is underpinned by state government funding.
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