Developers of a series of artificial intelligence factories being built across Australia at a cost of $73.3 billion, say they will be 100% powered by renewable energy and could stimulate 5.1 GW of solar, storage, hydro and wind projects.
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.
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.
Energy retailer and technology company Amber Electric has secured $10 million in new funding to continue scaling its residential solar and battery automation tech into overseas markets.
The Victorian government will wipe up to $25,000 off upfront installation costs for a 100 kW rooftop solar system, and up to $34,300 off a 200 kW system to reduce cost burden from transmission network upgrades, and lower consumer energy bills.
The installation of almost 500,000 solar panels at Victorian solar farm will be completed this week, thanks in part to a collaboration with US robotics company Luminous, which has trialled its autonomous fleet at the site, during the construction phase.
Spanish company PV Hardware has been tapped to supply locally manufactured solar trackers for the 80 MW Fulham Solar Farm being developed by Octopus Australia in southeast Victoria.
Setting a new benchmark for the Australian energy market, the NSW hydro-electric company Snowy Hydro has inked a 15-year virtual tolling agreement with Akaysha Energy for its 311 MW / 1,244 MWh Elaine BESS in Victoria.
Engineers at Monash University in Melbourne have developed a new catalyst they say could bring zinc-air batteries “closer to real-world, grid-scale and transport uses.”
British-owned energy company Pacific Green has secured Victorian government planning approval for what is set to become the state’s biggest yet battery energy storage park.
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