Australia may install 220,000 home batteries under subsidy scheme
Australia is on track to surpass 2024 home battery installation records, with July data from SunWiz indicating that up to 220,000 units could be deployed in the first year of the federal Cheaper Home Batteries subsidy.
Australia expands 2030 renewable target by 18 GW after COP28 pledge
Australia is one of only seven countries outside the European Union that has updated its 2030 national renewable target with an 18 GW boost, since the 2023 COP28 global tripling pledge.
OX2 solar and storage project clears federal review in Australia
A 90 MW solar farm and four-hour battery energy storage system planned for the Richmond Valley in northern New South Wales has passed through the federal environmental approvals process in just 30 business days.
Australia expands Capacity Investment Scheme to target 40 GW of renewables
The Australian federal government is scaling up its support for renewables, expanding its flagship Capacity Investment Scheme in a bid to accelerate the nation’s clean energy transition.
APG to invest $650 million in Octopus Australia renewables platform
Dutch pension fund giant APG Asset Management has committed more than AUD 1 billion ($650 million) to expand the renewable energy platform of developer Octopus Australia.
DP Energy plans wind farm with 2,000 MWh battery in Australia
The Windy Plains Renewable Energy Park will deploy approximately 197 turbines for 1,400 MW of wind capacity alongside 500 MW/2,000 MWh of battery energy storage systems (BESS).
BP backs out of 26 GW green hydrogen plan in Australia
Global oil giant BP has quit the proposed Australian Renewable Energy Hub that would include the installation of up to 26 GW of solar and wind generation, much of which would have been used to produce green hydrogen and ammonia.
KKR invests $328 million in CleanPeak solar, storage and microgrids
Global investment firm KKR has committed AUD 500 million ($328.2 million) to partner with Australian renewables company CleanPeak Energy and support the growth of its distributed energy platform, focusing on solar, battery energy storage, and microgrid solutions.
Australian retailer Bunnings launches solar and battery subscription service
Hardware chain Bunnings is making a play for a slice of the home energy market with a subscription offer for rooftop solar and household battery energy storage systems.
Grid-forming 185 MW/370 MWh battery begins operation in Australia
The 185 MW/370 MWh Koorangie battery energy storage project in Australia has reached a major milestone. Developer Edify Energy says the system, featuring grid-forming inverters, is now fully operational.
