A new report from Wood Mackenzie suggests costs of front-of-the-meter battery storage systems in the Asia Pacific region could decline by 30% by 2025. The declining costs are already having a palpable impact as 2021 has opened with a slew of large-scale battery project announcements.
Two outages at coal fired power generators in Victoria last weekend failed to faze the energy market as strong solar uptake ensured wholesale prices actually fell into the negative despite major units going offline at the height of summer.
A large-scale battery energy storage system is being proposed by Sydney-based developer Genex Power near Rockhampton, Queensland.
The Western Australian state government has awarded $2.6 million in grants to install solar power at two Goldfields mining projects.
An aggressive US climate policy rollout could provide a much needed dose of reality to the climate discourse in Canberra. It may also prompt Australia’s major parties to acknowledge the inevitability of a transition to a zero carbon economy.
2020 was the year for mega-solar projects to strike record low prices – US$0.0135/kWh in Abu Dhabi for the unimaginably vast 2 GW Al Dhafra project. Not to be left behind, some Australian project developers are pursuing equally grand plans with cleantech guru Michael Liebreich saying that their likelihood for success will lie in what the proponents plan to do with the vast amount of clean, cheap energy.
The Hills International College and Golf Academy in Jimboomba, Queensland (QLD), which boasts former World Number 1 Jason Day as an alumnus, is partnering with Sydney-based renewable energy outfit Energy Estate to develop the Jimboomba Renewable Hydrogen Plant.
Governments around Australia are hustling to transition their bus fleets to cleaner fuels such as green electricity or hydrogen. Companies around the world are hustling to ready their hydrogen buses to meet the demand.
Peel Renewable Energy is about to energise its 1.2 MW solar farm, which forms the heart of a fresh, phased microgrid approach to industrial-estate development. That is, grid infrastructure remains small, while the renewably powered microgrid grows to meet the needs of incoming businesses.
Technical innovation and solar module production at scale bring with them the opportunity to integrate environmental responsibility. One major manufacturer is reaping returns on its investment.
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