Unlocking the green vault: Superannuation funds could be missing link in renewable energy progress
In recent weeks, the call from Climate Change and Energy Minister Chris Bowen to expedite planning decisions and approvals for new energy projects resonates as a crucial step towards Australia’s clean energy future. However, as we navigate through the challenges of meeting renewable energy targets, it is evident that more needs to be done.
ACEN lands loan to boost renewables expansion in Australia
Philippines-based energy company ACEN Corporation has secured a $150 million funding package that will bolster its plans to deliver a 9 GW portfolio of solar, wind, battery storage and pumped hydro projects in Australia.
Trina releases new version of Vanguard 1P solar tracker
TrinaTracker, a division of Chinese manufacturing giant Trina Solar, says its new Vanguard 1P tracker system has a maximum length of 140 meters and can be equipped with N-type modules.
Origin presses go on 650 MWh grid-forming battery in Victoria
Origin Energy has issued a notice to proceed to EPC contractor Fluence for its 300 MW / 650 MWh battery energy storage project planned for Mortlake in southwest Victoria, progressing the company’s goal to build its renewables and storage portfolio to 4 GW by 2030.
Net metering move puts Indonesia’s 3.6 GW rooftop solar goal at risk
The Indonesian government has ended net metering for rooftop solar installations. The Jakarta-based Institute for Essential Services Reform says this could make it harder for the country to meet its solar deployment targets, as PV installations will become more expensive for households and small businesses.
EDF to drive development of 3 GWh pumped hydro project
The Australian arm of French energy giant EDF Group has acquired and agreed to co-develop the proposed 300 MW / 3 GWh Dungowan pumped hydro energy storage project being progressed in the New South Wales New England region.
Vanadium battery players partner on Queensland manufacturing supply chain
Australian minerals company Vecco Group will team with Japanese manufacturer Sumitomo Electric and Idemitsu Australia to build an ‘end-to-end’ manufacturing supply chain for vanadium flow batteries in north Queensland.
South Australia ramps up net 100% renewables target
The South Australian government has accelerated its net 100% renewables deadline from 2030 to 2027, declaring the target is achievable due to the state’s new wind and solar developments and investment in green hydrogen.
Equinix unveils 1 MW rooftop system at Melbourne data centre
With assistance from a Victorian government energy efficiency initiative, United States-headquartered digital infrastructure company Equinix has installed a 1 MW rooftop solar system atop one of its Melbourne data centres as it continues to build upon its broader clean energy program.
Spain announces $1.24 billion incentive scheme for clean-tech manufacturing
Spain’s government has submitted a new incentive scheme to a public consultation. It is designed to support the development of a clean-tech supply chain in the country, including the production of batteries.
