Australia’s biggest solar farm to supply renewable energy to Coles
The Queensland government has announced that state-owned CleanCo is now providing Coles stores with renewable energy for 95% of its electricity needs in Queensland.
BHP signs renewable PPA for Queensland coal mines
Australia’s biggest coal miner has inked a major renewable energy deal that will utilise solar, wind and pumped hydro to provide about half the forecasted electricity demand of its central Queensland operations.
Neoen boosts Western Downs Battery capacity to 540 MWh
Renewable energy developer Neoen will scale up the installed capacity of the Western Downs Battery being built in Queensland to 270 MW/540 MWh as it looks to keep pace with rising demand for energy storage and realise opportunities across Australia’s evolving energy system.
Vast array of global banks revealed as green financiers of 460 MW Western Downs Green Power Hub
Neoen announced last month that it had completed the financing of its 460 MW Western Downs Green Power Hub, but today it has been revealed that said green finance came about through a wide reaching international effort, including seven global banks, a salutary sign that green finance is accelerating as fossil fuel divestment continues.
Australia’s largest solar farm goes ahead after Neoen completes financing
The 460 MW Western Downs Green Power Hub is set to commence construction imminently, after Neoen achieved financial close on the project. The solar farm is set to be Australia’s largest, and indeed the largest in Neoen’s global portfolio, generating enough solar energy to power every home on the Sunshine Coast.
Solar, wind, storage investment collapses as risks on developers grow
A new analysis by the Clean Energy Council reveals a dramatic fall in the number of large-scale renewable energy projects committed in the second quarter of 2020, with just three projects representing 410 MW of new capacity reaching financial close – the lowest level since 2017.
Australia’s renewables pipeline continues to grow at record speed led by solar PV
The Australian renewables sector was not immune to a host of challenges that marked the first half of the year, but the pipeline of renewable energy projects in the country reached new heights. While new construction dipped to a four-year low and financial close remained out of reach for a great number of projects, the second half of the year is looking more positive, according to Norwegian consultancy Rystad Energy.
