Australia

Australia-Singapore power link, world’s biggest solar+storage project get government backing

Australia’s Northern Territory has given major project status to an ambitious plan to develop a 10 GW solar farm coupled with a 20-30 GWh storage facility near Tennant Creek and export solar power harvested in the Australian desert to Singapore via subsea cables.

FRV achieves financial close on 68 MW solar project in Australia

Fotowatio Renewable Ventures (FRV) has secured financing for the 67.8 MW Goonumbla Solar Farm in New South Wales. The Spanish developer inked a power purchase agreement for the project with Snowy Hydro last year.

Green hydrogen joins natural gas in Australian pipelines

Canadian gas giant ATCO has unveiled its Clean Energy Hub in Jandakot which will explore the potential of hydrogen for home use in gas appliances. On the same day, the Western Australian government has launched a renewable hydrogen strategy and announced the creation of a $10m green hydrogen fund.

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ClearVue inks solar strip module supply deal with BeyondPV

Western Australia-based solar glass developer ClearVue has signed a deal with Taiwanese thin-film solar module manufacturer BeyondPV to set up a dedicated production line for solar strip modules at its production facility in the city of Tainan.

Renewables generation cheaper than coal for many power companies – but not yet for Eskom

An investor tool examining the coal fleets of major global power companies has offered up analysis which flies in the face of arguments solar and wind generation could help turn around the debt-saddled South African utility.

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Australia will need 15 GW of utility scale storage by early 2040s

Increased storage and strategic transmission development will be needed to ensure the most economic and lowest risk transition of Australia’s energy system, the Australian Energy Market Operator said in its latest study. In 20 years’ time, the need for storage will be at a scale not seen before in the national electricity market, and pumped hydro and distributed storage are set to play major roles in lowering electricity prices and building a reliable and resilient power system.

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This could be a watershed year for renewables in the mining sector

As one of the most energy-intensive industries, the ‘resource sector’ is getting serious about adding cheap solar and wind energy into its mix, to boost returns. Although still predominantly underpinned by gas or diesel, mine operations are increasingly deploying hybrid solutions, highlighting the potential of renewables – particularly as momentum builds for green hydrogen to play a role in future microgrids.

IHS Markit: Global EPC market grew 34% last year

China’s slowdown in installations last year was more than made up for by expansion elsewhere, according to IHS Markit. The news comes amid increasing market fragmentation – with the biggest engineering, procurement and construction business boasting less than 3% market share – and internationalization, with almost half of the top 15 companies operating across more than one region.

‘Transforming Australia from a global laggard to a leader in transport innovation,’ Chargefox flexes EV charging muscle

Australia’s only public ultra-rapid EV charging network has opened the most powerful charging station in the Southern Hemisphere. At the same time it announced a partnership with Yurika and the Queensland state government to manage the 17 fast charging sites that make up the Queensland Electric Super Highway.

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Vietnam overtakes Australia for commissioned utility scale solar following June FIT rush

Norwegian consultancy Rystad Energy has placed the Australian and Vietnamese solar markets side by side and found the Southeast Asian country left its rival trailing in terms of commissioned utility scale PV capacity. A staggering 4.46 GW of connected PV capacity in Vietnam at the end of June came as a surprise to many.

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