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News and analysis for the clean energy economy
Updated: 2 hours 55 min ago

Revealed: The big money to be made on solar and storage project sales

Fri, 2022-08-12 11:27

genex kidston solar farm jemalongGenex has revealed the fine details agreed to on the purchase of the massive 2GW Bulli solar and storage development project in Queensland.

The post Revealed: The big money to be made on solar and storage project sales appeared first on RenewEconomy.

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Australia’s biggest solar contractor stung by floods and high labour costs

Fri, 2022-08-12 07:09

Biggest solar contractor says torrential rains in Australia and high labour costs have crimped its margins, but cost pressures are easing.

The post Australia’s biggest solar contractor stung by floods and high labour costs appeared first on RenewEconomy.

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AEMO spent $130m on emergency reserves to keep lights on in coal dependent states

Thu, 2022-08-11 21:27

smelter tomago. suppliedAEMO reveals that $130 million was spent in the last year on emergency reserves to ensure the lights didn't go out in the country's two most coal dependent states.

The post AEMO spent $130m on emergency reserves to keep lights on in coal dependent states appeared first on RenewEconomy.

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Plans for massive 600MW wind farm unveiled for Queensland

Thu, 2022-08-11 15:21

Renewable Energy Partners plans to develop a 600MW wind farm with up to 96 wind turbines, its fourth wind farm project in Queensland.

The post Plans for massive 600MW wind farm unveiled for Queensland appeared first on RenewEconomy.

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Australia’s oldest gas utility says ‘switch to electric’

Thu, 2022-08-11 15:16

The utility formerly known as the Australian Gas Light Company has become the latest advocate for all-electric homes.

The post Australia’s oldest gas utility says ‘switch to electric’ appeared first on RenewEconomy.

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Australian vanadium producer invests in Ultra Power to develop flow battery modules

Thu, 2022-08-11 14:31

Richmond Vanadium Technology to invest in Ultra Power Systems in bid to tap into the vanadium redox flow battery sector in Australia and overseas.

The post Australian vanadium producer invests in Ultra Power to develop flow battery modules appeared first on RenewEconomy.

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Apple signs up for massive supply deal from Andrew Forrest owned wind project

Thu, 2022-08-11 14:25

Apple to take around one third of the output from a massive new wind farm owned by Andrew Forrest in deal to offset energy use of its customers.

The post Apple signs up for massive supply deal from Andrew Forrest owned wind project appeared first on RenewEconomy.

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CCA makes case for international carbon trading, but Greens suspect accounting tricks

Thu, 2022-08-11 14:18

Climate Change Authority report recommends Australian companies be supported to buy international carbon credits. But Greens fear more "accounting tricks."

The post CCA makes case for international carbon trading, but Greens suspect accounting tricks appeared first on RenewEconomy.

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Ministers urged to dump ESB proposals at landmark meeting that will put green into grid

Thu, 2022-08-11 14:12

State and federal energy ministers poised to put environment back into market rules, but face pressure on what to do with ESB and its proposals rejected by industry.

The post Ministers urged to dump ESB proposals at landmark meeting that will put green into grid appeared first on RenewEconomy.

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Energy Insiders Podcast: Australia’s dirty fuel scandal

Thu, 2022-08-11 14:03

The Australia Institute’s Richie Merzian on the move to overturn the car lobby’s campaign to protect dirty fuels. Plus: The future of the ESB, and the Climate Change Authority.

The post Energy Insiders Podcast: Australia’s dirty fuel scandal appeared first on RenewEconomy.

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First commercial green hydrogen plant and refuelling facility a step closer for W.A.

Thu, 2022-08-11 11:54

Infinite Green Energy secures all land required for WA green hydrogen plant and refuelling station – and for a potential doubling of production.

The post First commercial green hydrogen plant and refuelling facility a step closer for W.A. appeared first on RenewEconomy.

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CEFC money to supersize link to Australia’s biggest wind project, creating new REZ

Wed, 2022-08-10 22:30

AEMO says it will lift a suspension of the entire National Electricity Market after supply pressures ease.cCEFC allocates $160 million to allow Powerlink to supersize connection to Australia's biggest wind project and create a new renewable zone in the area.

The post CEFC money to supersize link to Australia’s biggest wind project, creating new REZ appeared first on RenewEconomy.

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“Monumental:” US climate bill eliminates cost gap between green and dirty hydrogen

Wed, 2022-08-10 15:00

hydrogen plug powerPlug Power, would be partner of Andrew Forrest's green hydrogen plans, says new US tax credit makes green hydrogen lower cost than fossil fuelled hydrogen.

The post “Monumental:” US climate bill eliminates cost gap between green and dirty hydrogen appeared first on RenewEconomy.

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RayGen connects solar towers to the grid, but storage component will have to wait

Wed, 2022-08-10 14:05

AGL-backed RayGen says its solar tower technology is sending power to the grid in Victoria, but the storage component is delayed by global supply chain issues.

The post RayGen connects solar towers to the grid, but storage component will have to wait appeared first on RenewEconomy.

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AEMO market crisis report highlights big constraints on Snowy 2.0 storage

Wed, 2022-08-10 14:00

Snowy Hydro Tumut 3 pumped power station energy storage - M Mazengarb - optimisedThe real operational storage capacity of Snowy 2.0 may be as little as half that advertised, due to constraints on water flows highlighted in latest AEMO report.

The post AEMO market crisis report highlights big constraints on Snowy 2.0 storage appeared first on RenewEconomy.

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“Grotesque greed:” Oil majors’ windfall profits are headed for their pockets, not renewables

Wed, 2022-08-10 09:51

coalThe world's oil majors are pocketing record profits from the current energy crisis, but not much of it is going into renewables, despite their marketing spin.

The post “Grotesque greed:” Oil majors’ windfall profits are headed for their pockets, not renewables appeared first on RenewEconomy.

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Genex Power buys massive 2GW battery storage plus solar project in Queensland

Wed, 2022-08-10 09:28

Neoen Tesla Big Battery VictoriaTakeover target Genex has announced the purchase of a massive 2GW battery storage and solar project in Queensland.

The post Genex Power buys massive 2GW battery storage plus solar project in Queensland appeared first on RenewEconomy.

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Graphite storage technology gets ARENA funding for heat and power applications

Wed, 2022-08-10 00:01

University of Newcastle spin-off promoting graphite blocks as an easy way to store energy for heat and power gains funding from ARENA for a pilot plant.

The post Graphite storage technology gets ARENA funding for heat and power applications appeared first on RenewEconomy.

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Horizon deploys new technology for greener micro-grids in isolated communities

Tue, 2022-08-09 18:05

Horizon rolls out new management system that better integrates utility-owned energy resources with customer owned assets such as rooftop solar, batteries, and electric vehicles.

The post Horizon deploys new technology for greener micro-grids in isolated communities appeared first on RenewEconomy.

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Gravity storage start-up says it has “multi gigawatt hour” plans for Australian zinc refiner

Tue, 2022-08-09 15:06

Gravity storage start-up Energy Vault flags "multi-gigawatt hour" storage solution for Queensland zinc refinery.

The post Gravity storage start-up says it has “multi gigawatt hour” plans for Australian zinc refiner appeared first on RenewEconomy.

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