A trial project using 1.1MWh of lithium-ion battery storage to harness power from rooftop solar systems has been installed in the Western Australia suburb of Alkimos.
Australia’s Clean Energy Finance Corporation (CEFC) and infrastructure manager Palisade Investment Partners have announced a new strategy to attract investors at an early stage of renewable energy project development.
The Australian Renewable Energy Agency (ARENA) is providing AU$17 million (US$13 million) funding for nine renewable energy research and development projects looking at energy storage and solar PV among other technologies.
A hybrid off-grid project from renewables firm Energy Developments Limited’s (EDL) including 4MW wind, 1MW solar and a 1MW/250kWh battery system in South Australia has reached financial close.
Australia is redirecting AU$1 billion from the Clean Energy Finance Corporation’s (CEFC) AU$10 billion (US$760 million) allocation into a new Clean Energy Innovation Fund (CEIF), Australian prime minister Malcolm Turnbull has announced.
The Australian Solar Council has claimed that reported plans to merge the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC) could result in the removal of funding for ARENA.
Employment in Australia’s renewable energy industry fell 27% from its peak of 19,210 in 2011/12, to a total of 14,020 in 2014/15, according to figures from the Australian Bureau of Statistics (ABS).
A report from Australia’s Energy Networks Association (ENA) suggests that removing the Renewable Energy Target (RET) and replacing it with "technology neutral" alternatives would be a more economical approach to reaching emissions reductions targets.
The Victorian state government in Australia aims to fast-track connections to the grid for rooftop solar installations, under the impending National Electricity (Victoria) Further Amendment Bill 2015.
