Australia requires further investment in generation, storage and transmission to satisfy reliability requirements over the next decade, according to an updated report from the Australian Energy Market Operator (AEMO).
Renewables developer ACEN Australia has awarded the engineering, procurement and construction (EPC) contract for its 400MWac Stubbo solar farm to PCL Construction, a US-headquartered company.
Greek industrial conglomerate Mytilineos has reached financial close on 237MWp worth of Australian solar PV projects, with financing from backers ANZ and Westpac.
The Australian government has landed a deal to connect New South Wales’ Renewable Energy Zones and the Snowy 2.0 hydropower project to the grid with a A$7.8 billion (US$5.2 billion) investment.
The New South Wales government has received bids for over 5.5GW worth of wind and solar generation projects and over 2.5GW of storage systems as its Electricity Infrastructure Roadmap attracts industry attention.
Renewables developer ACEN Australia is poised to commence construction on its 400MW Stubbo solar project after having executed key contracts and reached a final investment decision, continuing its recent expansion in Australia’s renewables market.
Australia’s government is supporting the development of two major transmission projects to facilitate the connection of additional renewable energy capacity.
