Category: Big Moves Australia

Fortescue opens 2 GW electrolyser facility in Australia

Fortescue opens 2 GW electrolyser facility in Australia

April 8, 2024 | , ,

Fortescue Ltd, an Australian metal mining and green energy company has formally established a production plant in Gladstone, Queensland, with the capacity to produce over 2 GW of electrolyser stacks annually. This is one of the first factories in the world to produce Proton Exchange Membrane (PEM) electrolyser stacks with an automated assembly line. The plant will manufacture electrolysers that Fortescue teams in the US and Australia created internally.

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Enel acquires 1 GW hybrid renewables project at Australian mine

Enel acquires 1 GW hybrid renewables project at Australian mine

January 16, 2024 | , ,

Enel Green Power Australia, a subsidiary of Italian energy company Enel, has agreed to acquire QEM’s 1 GW Julia Creek renewables project in Australia. In north-west Queensland, the project is situated next to QEM’s flagship Julia Creek oil shale and vanadium project. It will use a combination of solar and wind energy to produce 1 GW of power

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Snowy Hydro signs 756 MW PPA for wind project in Victoria

Snowy Hydro signs 756 MW PPA for wind project in Victoria

August 22, 2023 | , ,

Snowy Hydro Limited, an Australia-based power producer and retailer, has signed a power purchase agreement with TagEnergy, an energy storage developer, for a 756 MW wind farm project located in Victoria. The agreement is the first PPA for the project of Golden Plains’ 1.3 GW wind farm. The project is intended to establish the Commonwealth’s largest wind turbine complex.

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wpd and Australis to develop 1.4 GW offshore projects in Australia

wpd and Australis to develop 1.4 GW offshore projects in Australia

July 4, 2022 | , ,

wpd offshore Australia Holding, part of Germany’s wpd Group has signed a joint venture (JV) with Australis Energy to construct three offshore wind energy projects off the coast of Australia. The three offshore wind projects will be constructed in the coastal waters of Victoria, South Australia, and Western Australia, and will have a combined capacity of 1.4 GW.

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bp acquires 40.5 per cent stake from AREH in Australia

bp acquires 40.5 per cent stake from AREH in Australia

June 22, 2022 | , , ,

The Asian Renewable Energy Hub (AREH) has reached an agreement with bp to sell a 40.5 per cent stake in the large renewables and green hydrogen hub. AREH intends to gradually expand the production of onshore wind and solar energy in the Pilbara region of West Australia, and achieve an overall capacity of 26 GW of solar and wind energy. This project will provide energy exports to countries like Japan and South Korea in order to serve the domestic Australian market.

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Cbus acquires 2.2 GW offshore wind facility in Australia

Cbus acquires 2.2 GW offshore wind facility in Australia

June 3, 2022 | , ,

Cbus Super, an Australian superannuation fund, has acquired a 10 per cent stake in Copenhagen Infrastructure Partners’ (CIP) 2.2 GW Star of the South offshore wind project. This follows Cbus’ investment in CIP’s flagship fund, CI IV, which owns the majority stake in Star of the South. No financial details of the deal have been disclosed. Star of the South will be constructed off the coast of Victoria’s Gippsland.

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Origin Energy acquires Yarrabee solar facility in New South Wales

Origin Energy acquires Yarrabee solar facility in New South Wales

May 2, 2022 | , ,

Origin Energy, a leading Australian integrated energy company, has announced the purchase of the Yarrabee Solar Farm in New South Wales (NSW). The first phase of the solar complex, which will be located in NSW’s Riverina district, is expected to have a capacity of 450 MW. Under the planning approval granted by the NSW government in December 2018, this could be upgraded to up to 900 MW.

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Macquarie raises €1.6 billion for investing in solar and wind power projects

Macquarie raises €1.6 billion for investing in solar and wind power projects

February 10, 2021 | , , ,

Macquarie Infrastructure and Real Assets (“MIRA”) has raised more than €1.6 billion for investment in renewable energy against its initial minimum fundraising target of €1 billion. The company has reached the final closure of its 25-year closed-end fund, Macquarie Green Investment Group Renewable Energy Fund 2 (“MGREF2”). MGREF2 will invest in a diversified portfolio of operational and under construction solar and wind power projects as well as clean energy platforms.

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Pure Hydrogen and Liberty Hydrogen plan to form a joint venture to develop four hydrogen hubs in Australia

Pure Hydrogen and Liberty Hydrogen plan to form a joint venture to develop four hydrogen hubs in Australia

January 28, 2021 | , ,

Real Energy’s hydrogen division Pure Hydrogen has signed a binding agreement with Liberty Hydrogen to establish a joint venture company that will develop four large-scale hydrogen projects in Australia. These large-scale hydrogen manufacturing and distribution hubs are planned to be developed on Australia’s East Coat – Project Jupiter (Gladstone) and Project Mars (Mackay) in Queensland, Liberty North (Newcastle) in New South Wales and Liberty South (South East Victoria) in Victoria.

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Origin announces plans for a 700 MW battery storage system in Australia’s New South Wales

Origin announces plans for a 700 MW battery storage system in Australia’s New South Wales

January 13, 2021 | , ,

Origin Energy Limited, a leading Australian integrated energy company, has issued an Expression of Interest to select a suitably qualified firm to supply and install a large-scale battery at Eraring Power Station in New South Wales. This battery would have an overall capacity of up to 700 MW and a dispatch duration of 4 hours.

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Australia prepares for a mega solar and wind project auction

Australia prepares for a mega solar and wind project auction

May 8, 2020 | , , ,

Australia’s largest renewables project has got a step nearer after being recommended for approval by the Environmental Protection Authority (EPA) of the state of Western Australia. The Asian Renewable Energy Hub (Areh), which could feature up to 15 GW of solar and wind generation capacity, would supply the Pilbara region and develop a green hydrogen manufacturing hub for domestic use and export to Asia.

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