Sun Cable’s ambitious 13 GW Australia-ASEAN Power Link, which is designed to export solar electricity from Australia’s Northern Territory to Singapore, continues to shine bright, with the Australian government including the mega-project on its Priority Initiative List.
Construction has commenced on the 300 MW / 450 MWh Victoria Big Battery storage facility near Geelong after the Clean Energy Finance Corporation (CEFC) provided French renewable energy developer Neoen with a $160 million funding injection.
The Queensland Government-owned energy company, Stanwell Corporation, has announced it is from today seeking expressions of interest from renewable energy projects to incorporate into its fossil-fuel heavy portfolio.
In the middle of Australia’s most iconic natural landscape, the township of Jabiru has begun its transition from a uranium-mine support community, to an Indigenous cultural hub and tourism center. The local arm of German renewable energy pioneer, juwi, brings its deep experience in off-grid power systems to the project.
The Australian Energy Regulator says that investments in renewables and rooftop solar uptake are driving the ongoing decline in electricity prices.
Western Australia-based gold and nickel explorer Province Resources has announced plans to develop a 1 GW wind and solar PV green hydrogen production facility.
The Ranger Uranium Mine ceased production in Australia’s Kakadu National Park in January, following years of financial losses. Now, as part of a multimillion dollar rejuvenation of the park, there are plans to develop a solar and battery storage hybrid project near the town of Jabiru.
There is normally a spike in average wholesale electricity prices in Australia in January. This year, however, increased solar PV and wind generation have bucked this traditional trend.
Bank of China, Commonwealth Bank of Australia, and Westpac have provided debt financing to bring the first 400 MW stage of the New England Solar Farm to financial close.
Western Australia’s opposition leader has proposed a new energy policy ahead of the state’s upcoming March 13 election, with plans to phase out coal and deploy solar, wind, and hydrogen.
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