Australia and India have agreed to collaborate on solar manufacturing and deployment, aiming to reduce the cost of solar PV, battery energy storage systems (BESS) and new clean technologies in both countries.
Australian metals company Fortescue has unveiled plans for a vast renewables hub including up to 3,333MW of solar to power its mining operations in Western Australia.
Solar PV and other renewables accounted for a record share of electricity generation in Australia’s National Energy Market (NEM) in Q4 2021 at 34.9%, while average wholesale prices rose with the higher cost of fossil fuels despite their share of the energy mix shrinking.
Australian LNG player Woodside Energy has tabled plans to build a utility-scale solar-storage project with a generation capacity of up to 500MW in Western Australia.
Australian mining company Ark Energy has announced it is to acquire a 100% interest in utility-scale wind and solar energy developer Epuron Holdings Pty.
New research has revealed that solar PV and wind continue to be the cheapest new-build electricity generation options in Australia, even when considering their additional integration costs such as energy storage and transmission.
Spanish energy company Iberdrola is continuing its expansion in Australia’s solar sector with the acquisition of engineering, procurement and construction (EPC) provider Autonomous Energy.
The US$10.75 billion Desert Bloom Hydrogen project in Australia’s Northern Territory has been granted Major Project Status by the regional government, fast tracking the project and paving the way for commercial production of the 10GW green hydrogen facility by 2023
Swiss fund manager SUSI Partners has acquired a 50% interest in Starling Energy Group, an Australian installer of integrated solar PV and energy storage systems for the residential sector.
