Tag: australia

ARENA announces $43 million Industrial Energy Transformation Studies Program

On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has announced the upcoming launch of the $43 million Industrial Energy Transformation Studies Program. It has been announced as part of the Federal Budget and aims at identifying opportunities to reduce energy costs and emissions in the industrial sector.

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Australia launches $68 million hydrogen industry mission

ustralia’s Commonwealth Scientific and Industrial Research Organisation launched a new research mission to drive down the cost of hydrogen production to under $2 per kilogram and position Australia to lead the world in exporting hydrogen by 2030. Under the Mission, more than 100 projects worth $68 million have been proposed over the next five years. The goal of this Mission is to support the vision of a clean and competitive hydrogen industry for Australia by delivering research, development, and demonstration partnerships that help make Australia’s hydrogen markets a reality.

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New South Wales to house large scale ‘hydrogen valley’ project

The Hunter region in New South Wales will house Australia’s first-ever hydrogen valley, unlocking potential world-class energy resources of the Central West, New England, and Hunter-Central Coast renewable energy zones. The project is dubbed the Hunter Hydrogen Network (H2N) and will carry out large-scale hydrogen production, transportation, and export projects to enable the development of a hydrogen economy in the region.

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ARENA invests $103 million in three green hydrogen projects in Australia

Australian Renewable Energy Agency (ARENA) has allocated $103 million to three green hydrogen pilot projects in a bid to kickstart the industry. Of the three projects, two are located in Western Australia and are currently being developed by Engie Renewables Australia and ATCO Australia. The third project, located in Victoria, is being developed by the Australian Gas Networks (AGN) Limited.

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EDF Renewables acquires 280 MW wind project in Australia

EDF Renewables has acquired a wind farm project in the Australian state of Queensland. The project is expected to have a power generating capacity of about 280 MW and also has approval for a battery storage component. The project, named Banana Range wind project has been purchased from Goldwind Australia and Lacour Energy.

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Australia’s race to a renewable future

Australia has some of the best renewable energy resources in the world, and right now it has the best ever opportunity to harness them for national and global good. WWF’s Renewable Superpower Scorecard presents a snapshot of how Australia’s state, territory and federal governments are performing in the race to become a renewable superpower.

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Beverage company Coca-Cola Amatil joins the RE100 initiative

Australia headquartered beverage company Coca-Cola Amatil announced that it has joined the global RE100 renewable energy initiative with a target to power its entire operations across six countries through renewables by 2030. Further, it has targeted to achieve 100% renewable energy powered operations by 2025 in Australia and New Zealand.

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Australia to remain an attractive investment hotspot for renewables

Both domestic and foreign investors point to a slightly more favourable outlook for state versus federal policy, APAC-based investors in particular (96%). European investors are the notable exception with 66% expecting state policies to be supportive versus 81% for federal policies. Australia-based investors are marginally less positive about government support than they were in the previous survey with 91% anticipating supportive policies from state government and 85% from federal government, versus 90% overall (federal and state) in the 2019 study.

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Finnis Lithium Project in Australia begins production of battery-grade lithium

The Finniss Lithium Project has completed its first product test work and has confirmed that it is producing “battery-grade” lithium hydroxide monohydrate. The Australian Nuclear Science and Technology Organisation carried out tests from a sample of its product and successfully extracted over 95 per cent of lithium on two-kilogram samples of blended concentrate in two separate tests.

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Sun Cable plans to construct factory to supply world’s biggest solar + storage project

Singapore-based manufacturer, Sun Cable has applied with the Development Consent Authority of Australia’s Northern Territory to build a facility that will manufacture Maverick solar array systems, designed by 5B. Sun Cable plans to build the manufacturing facility in East Arm Business Park in Darwin, which is close to the city’s port. Sun Cable reports that the construction of the project will begin immediately after financial close in October 2023, with commercial operations to begin in 2027.

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Queensland aims to install large-scale batteries at substations

The Queensland state government has proposed installing five large-scale, network-connected batteries as part of a community battery trial. The batteries will have a cumulative capacity of 40 MWh and will be installed at substations in Townsville, Yeppoon, Bundaberg, Hervey Bay, and Toowoomba. Energy Queensland-owned sites have been identified for this trial where there is high penetration of solar on the network and deployment can occur as quickly and efficiently as possible.

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Energy Australia to build 350 MW battery to replace its coal plant

Energy Australia has announced that it will close the Yallourn power station in Victoria’s Latrobe Valley in mid-2028, four years ahead of schedule, and build a 350 MW battery instead. The 1,480 MW brown coal-fired plant currently produces about 22 per cent of Victoria’s electricity and is the oldest power station in the state. With the shutting down of the Yallourn power station reduce, Energy Australia’s carbon dioxide emissions are expected to fall by over 60 per cent.

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Solar, wind and battery project worth $3 billion to come up in South Australia

The South Australia government has approved the planning of a wind, solar and batter storage project with a budget of $3 billion, called the Goyder South project. The project is being developed by Neoen, and will consist of 1,200MW of wind power capacity, 600MW of solar power capacity, and up to 900MW/1,800MWh of battery storage capacity. The Goyder South project will be located near Burra in Southern Australia.

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Neon closes financing for Victoria Big Battery project

Neoen, a renewable energy developer, has financially closed on the Victoria Big Battery project, an energy storage project with a capacity of 300 MW/450 MWh. While the Clean Energy Finance Corporation, on behalf of the Australian Government will provide debt financing of 160 million Australian dollar, Neoen will also hold equity. The battery storage facility will be located near Geelong, in Victoria.

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Australian Gas Infrastructure Group submits proposals for two green hydrogen projects to ARENA

Australian Gas Infrastructure Group (AGIG) with its partners has submitted two proposals to the Australian Renewable Energy Agency (ARENA) for green hydrogen projects in Victoria and Western Australia. These projects were selected by ARENA along with five other projects after expressions of interest in May 2020 as part of the $70 million Renewable Hydrogen Deployment Funding Round.

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