Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.
A Joint venture between Enel subsidiary Enel Green Power (EGP) and Dutch Infrastructure Fund (DIF) has begun construction of the 137.7MW Bungala Solar One plant, which is located near Port Augusta in South Australia. EGP is set to bag a US$1.35 billion deal on 1.7GW of solar and wind projects in Mexico.
Spanish infrastructure, technology and renewable energy company Elecnor has secured a €117.4 million (US$139.2 million) EPC contract for a PV farm in Australia.
Enel announced Monday that it has closed an agreement to acquire Bungala Solar One — the 137.5MW phase of the 275 MW Bungala Solar PV project — from Bungala Solar Holding Pty Ltd., a subsidiary of Australian developer Reach Solar Energy Pty Ltd.
Brisbane-based renewable energy investor Lyon Group will soon start building a AU$1 billion (US$767 million) solar-plus-storage farm in South Australia - the world’s largest.
In a major energy strategy upheaval, the South Australian government is providing significant funding to support energy storage projects, starting with a 100MW grid-connected battery that will be the largest in the country.
Elon Musk touts Tesla's ability to solve South Australia's power crisis in 100 days, Apple's manufacturer in Japan Ibiden to go 100% renewable, USTDA grant for feasibility study into 34MW of solar in Burkino Faso grant, India PV canal capacity reaches 24MW.
Indian conglomerate Adani has released more details of its planned 1GW of solar investments in Australia over the next five years, while the Queensland Supreme Court has dismissed appeals against granting mining licenses for Adani’s planned $16.5 billion Carmichael coal project.
Adani Group, currently the largest solar developer in India, plans to start constructing two solar PV plants with 100-200MW capacities in Australia next year, according to a Bombay Stock Exchange filing.
