Queensland’s three state-owned energy corporations will be able to increase their ownership of commercial renewable projects thanks to a new AU$500 million (US$364.45 million) renewable energy fund announced yesterday.
Independent power producer Neoen has completed a 50MW expansion of its Hornsdale utility-scale battery in South Australia, an upgrade the company says will reduce the risks of blackouts.
The rapid development of distributed and large-scale solar has resulted in an improved reliability outlook for the majority of Australia as it prepares to enter summer.
Ongoing project performance issues and tumbling power price forecasts cost renewables infrastructure investor John Laing £95 million (US$124.61 million) in the first half of the year.
Hit by grid connection challenges, large-scale renewable energy projects committed in Australia in the second quarter of 2020 were at their lowest level since 2017, according to new data from the Clean Energy Council.
Last week saw the publication of both AEMO’s Integrated System Plan and National Grid ESO’s Future Energy Scenarios, two documents which project the evolution of Australia and the UK’s national grids. Liam Stoker compares the two and identifies the mutual lessons to be learned.
The Australian Capital Territory branch of the country’s Labor Party will offer zero-interest loans for rooftop solar panels, household battery storage and hot water heat pumps if re-elected in an upcoming election.
