Western Australia is looking for global partners to explore the development of renewable hydrogen projects as part of a hub that could host up to 1,250MW of solar energy and 270MW of wind power.
Australia and Germany have joined forces to fund a feasibility study into the production, storage, transport and use of hydrogen from renewable energy.
The Australian Capital Territory (ACT) government has lauded the role large-scale batteries will play in the country’s energy transition, having supported projects which will see energy storage project deployed in the country.
Solar and wind power represent a US$1 trillion investment opportunity in Asia Pacific this decade, equivalent to two-thirds of the region’s power generation sector, as countries move away from fossil fuel generation in favour of greener alternatives.
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.
