Australian renewables developer Energy Estate is seeking to raise more than $500 million to support its development activities and bankroll the construction of renewable power plants in both Australia and New Zealand.
The market operator today announced a “staged” return to the national energy market’s normal operations as 4000 MW of generation capacity comes back into operation.
Both New South Wales (NSW) and Queensland handed down their 2022-23 state budgets on Tuesday pushing the line that clean energy investments would lead the states to future prosperity.
Australia’s first community-owned electricity retailer, Enova Energy, has gone into voluntary administration, claimed by the ongoing energy crisis unfolding in Australia’s east.
The Australian Energy Market Operator (AEMO) says it has not suspended solar and wind project commissioning, though it noted the schedules for some projects have been adjusted because of the ongoing energy supply crisis.
The Australian Energy Market Operator (AEMO) this afternoon suspended the electricity wholesale spot market in all five of the participating National Electricity Market states, saying it has become “impossible” to operate.
The Queensland government this morning confirmed it will not be changing solar feed in tariffs after Murdoch newspapers claimed a ‘sun tax’ was looming for the state. Meanwhile, New South Wales recommended upping feed in rates for solar households.
The Queensland government has committed $48 million to progress two pumped hydro projects in the state, declaring energy storage will play a critical role in its push towards a renewable energy future.
Resource sector heavyweight Rio Tinto has called for proposals to develop an estimated 4GW of large-scale wind and solar farms and firming capacity in central and southern Queensland as it progresses plans to power its aluminium operations in the state with renewable energy.
Brisbane-based Line Hydrogen is seeking $2 million in crowdfunding investment from Australians who want to contribute to the green energy revolution at the ground level by getting its Tasmanian and Queensland green hydrogen projects off the ground.
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