Early retirement of coal-fired power plants good for bottom line: study
Multi-country research has found that retiring coal-fired power plants sooner rather than later can have financial benefits for investors, and free up capital for investing in renewables.
Sunshine state’s solar recycling plans power up circular economy
The Queensland government has launched a solar panel recycling scheme with the launch of the first of 15 sites collection sites that are to be established across the state. The program is expected to save 26 tonnes of broken or end-of-life solar panels from landfill annually and will inform the possible rollout of a nationwide scheme.
Neoen gives nod to 540 MWh second stage after signing ‘virtual battery’ agreement
French renewables developer Neoen has pressed go on the 270 MW / 540 MWh second stage of its Western Downs Battery being built in Queensland after striking a long-term “virtual battery” contract with AGL Energy.
PVH secures supply contracts for 360 MW solar projects
Renewables developer Global Power Generation Australia has tapped Spanish manufacturer PV Hardware to supply the tracking technology for two solar projects with a combined capacity of 360 MWp being developed in New South Wales and Queensland.
Lion lands $10 million deal to drive Queensland hydrogen hub forward
Lion Energy has struck a $10 million deal with Mitsubishi subsidiary DGA Energy Solutions Australia and Samsung C&T Corporation to jointly develop a green hydrogen generation and refuelling hub at the Port of Brisbane in Queensland.
Queensland battery manufacturer Redflow enters voluntary administration
Brisbane-headquartered battery manufacturer Redflow has entered voluntary administration after failing to secure the capital needed to upscale its X10 battery for larger MWh projects.
Queensland technology trial to model live renewable energy ecosystems
Brisbane-based renewables solutions company Sunshine Hydro has joined forces with the Central Queensland University to develop and trial technology that orchestrates long-duration storage and renewable energy ecosystems with implication for sustainable fuel production.
Equis eyes construction start for 800 MWh battery in Queensland
Singapore-headquartered clean energy investor Equis plans to begin building a four-hour duration battery in Queensland later this year as it pushes ahead with the development of a portfolio of 17 battery projects with a combined capacity of 4.4 GW across Australia.
Stanwell powers ahead with 1,200 MWh battery project
Construction has commenced on a 300 MW / 1,200 MWh battery energy storage system being built alongside the coal-fired Stanwell Power Station in central Queensland as the state government looks to scale up energy storage capacity to support the transition to renewables.
Li-S Energy to build on battery plant with lithium foil facility
Queensland lithium-sulphur battery company Li-S Energy has capped the official opening of a 2 MWh cell production line in Victoria by announcing it has secured a $1.7 million federal government grant to develop Australia’s first lithium foil manufacturing facility.
