Global Power Generation Australia is preparing to add another renewable energy project to its construction pipeline with the Victorian government fast-tracking approval for a 400 MWh battery to be built in the state’s southwest.
Over $2.6 million have been allocated to renewable energy research products involving perovskite cell commercialisation, battery cell aging, next-gen anode technology, electric vehicle charger security, and solving distributed energy resource network constraint complexity.
Transmission Company Victoria has advised landholders impacted by the VNI West transmission project, the expected completion date is shifting from 2028 to late 2030, while landholder engagement programs are expanding beyond the boundaries of easement.
Victorian network company AusNet has launched a new program that entitles landowners of properties neighbouring the proposed Western Renewable Link transmission project to one-off payments of $20,000 or $40,000.
The Victorian government is progressing plans to get gas out of homes and small businesses in the state with the introduction of a suite of new electrification regulations for residential and commercial buildings.
European Energy has successfully reached financial close on a long-term portfolio financing package over $130 million to support the development and construction of two utility-scale solar projects based in Victoria and New South Wales.
Australian rooftop solar sharing technology developer Allume Energy has closed a $10.4 million investment round, the proceeds of which will be used to accelerate the company’s international expansion into the United Kingdom and European markets.
United States-based energy storage tech giant Fluence Energy has announced an expansion of its Australian headquarters in Melbourne after locking in a “tailored investment” provided by the Victorian government.
Australia’s first publicly accessible commercial renewable hydrogen refuelling station has been opened in Geelong, Victoria and will initially be used by a fleet of locally-owned hydrogen fuel cell electric vehicles.
Australian battery tech startup Voltavate has secured $850,000 in an oversubscribed pre-seed funding round led by $1.22 billion global alternative investment management firm Artesian.
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