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.
The Australian state of New South Wales (NSW) will invest AU$1.2 billion (US$856 million) in new transmission lines and infrastructure over the next ten years to accelerate the connection of planned renewable energy zones.