KPMG appointed voluntary administrators of Vast Renewables
Vast Energy has entered into voluntary administration, with KPMG Australia’s Peter Gothard and Amanda Coneyworth appointed as voluntary administrators to Vast and its wholly owned Australian subsidiary companies.
Ampyr to relocate 270 MW Davenport BESS to decommissioned coal station
Ampyr Australia will relocate the 270 MW Davenport battery energy storage system in South Australia under the new name Northern Battery to a decommissioned, coal-fired power station at Port Augusta, after acquiring it from Green Gold Energy.
HDRE and Zen Energy enter 20-year PPA for Templers battery project
HD Renewable Energy and Zen Energy have entered into a 20-year power purchase agreement for the 111 MW / 330 MWh Templers Battery Project in South Australia, which is scheduled to commence commercial operations by the end of 2025.
Electricity retailers to offer three hour window of free power from 1 July 2026
Consumers and the grid could both be winners if a Default Market Offer review recommendation is enacted, requiring electricity retailers to offer a zero-cost electricity period standing offer, potentially starting 1 July 2026.
5 GW renewable generation sought in Capacity Investment Scheme Tender 7
Bids have opened for the Capacity Investment Scheme Tender 7 seeking 5 GW of generation in the National Electricity Market, with caveats to be operational by 31 December 2030 and have a forecast generation profile that displaces more fossil fuel generation.
Rooftop solar waste tsunami could come 10 years early if users chase savings
In a novel study to further solar waste forecasting in Australia, the economic decisions of rooftop solar owners have been shown to fast forward waste and recovery needs 10 years earlier than a system’s warranty.
Iberdrola buys 1 GWh storage project for $492 million
Spanish renewable energy giant Iberdrola has acquired the proposed 270 MW / 1,080 MWh Tungkillo battery energy storage project in South Australia from United Kingdom-based clean energy developer RES Australia in a $492 million deal.
Epic battery begins full operations in South Australia
Another big battery has joined South Australia’s energy mix with Epic Energy announcing that its 200 MWh Mannum battery energy storage system is now fully operational.
700 MW firm energy by 2031 targeted in South Australia’s first FERM tender
Chasing a 2027, 100% renewable electricity generation target, South Australia calls on firming projects capable of continous eight hour dispatch to register for the state’s first firm energy tender targeting 700 MW of capacity by November 2031.
Hybrid developments make clean sweep of Capacity Investment Scheme Tender 4
Investment confidence in solar and battery storage development is clear-cut given over 50% of 20 successful Capacity Investment Scheme Tender 4 bids are for large scale hybrid projects.
