Hydrostor secures financing to complete Australia’s first compressed air storage facility
Canada’s Hydrostor has closed US$37 million (AU$54,6 million) in growth financing. The company plans to use the funding to complete construction of the 5 MW/10 MWh Angas Project in South Australia and to advance its 2 GW pipeline of large-scale advanced compressed air energy storage projects.
ANU set to provide blueprint for Australia’s renewable export industry
The Australian National University (ANU) has launched a new research project to provide a blueprint by which Australia can look to install itself as the renewable energy powerhouse of the region. The project raises both political and feasibility questions about Australia’s economic future.
NT sets zero emissions target and backs itself for a solar century
The Northern Territory (NT) Labor Government has launched its draft Climate Change Response, a comprehensive and informed plan to reach net zero emissions by 2050. The NT is looking particularly to solar, as “Solar is the cheapest form of new electricity generation, and the NT has one of the best solar resources in the world.”
ClearVue doubles solar PV glass size
Western Australia-based solar glass developer ClearVue has announced it is now able to produce larger floor-height sized power-generating insulated glass units and window panels. The company hopes this will open new sales opportunities.
GE to supply 100 MW/300 MWh battery for South Australia solar farm
GE Renewable Energy has been chosen to supply a massive battery for the 200 MW Solar River Project in South Australia.
Another big solar farm nears completion in vulnerable part of Victorian grid
The 106 MW Yatpool Solar Farm is nearing completion. The project is located in north-west Victoria notorious for grid limitations.
Canberra: First city outside Europe to transition to 100% renewable electricity
The Australian Capital Territory will soon become the first state or territory in Australia to achieve a transition to 100% renewable electricity and join a handful of major jurisdictions across globe that have made the move.
Western Australia opens Renewable Hydrogen Fund
The Western Australian Government has launched a $10 million Renewable Hydrogen Fund in a bid to drive a new job-creating industry harnessing the state’s renewable resources. The fund’s strategic focus areas will be export, remote applications, blending in gas network and transport.
EU approves Eon’s bid to take over Innogy
It took a while, but now the energy giants can finalize the mega deal. Rival energy companies have criticized approval of the deal amid fears Eon could dominate the German market.
Another Victoria solar rebate offering taken up in minutes
September’s second round offering was snapped up in under half an hour, signaling there is still a long way to go before supply catches up with demand.
