Tag: australia

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.

Read More
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.

Read More
Australia-based AMP Capital and Sterlite Power partner to improve transmission infrastructure in India

Australia-based AMP Capital and Sterlite Power partner to improve transmission infrastructure in India

December 31, 2020 |

Australia-based investment manager AMP Capital and Sterlite Power, a power transmission infrastructure developer in India will invest $150 million each to develop four transmission projects in the country; and also bring in debt financing with a total capital outlay of about $1 billion. The transmission projects will help in the evacuation of power from renewable energy projects.

Read More
Vena Energy appoints Doosan GridTech as EPC contractor for 100 MW battery storage project

Vena Energy appoints Doosan GridTech as EPC contractor for 100 MW battery storage project

December 30, 2020 |

Doosan GridTech will provide engineering, procurement, and construction (EPC) support to Vena Energy-Australia to build an energy storage system in Queensland. This battery energy storage system (BESS) will support the state’s shift to renewable energy as well as contribute to improving grid stability. The BESS will be located near Wandoan with an installed capacity of 100 MW and will supply 150 MWh.

Read More
Precinct Capital and Edify propose the installation of a 28 MW battery storage system in New South Wales

Precinct Capital and Edify propose the installation of a 28 MW battery storage system in New South Wales

December 23, 2020 |

Precinct Capital and Edify have proposed a 28 MW battery storage project in New South Wales. The project is set to occupy 1.5 acres in the Mayfield Steel River Industrial Estate in the City of Newcastle. The battery will charge and discharge directly from the grid and is expected to improve stability as renewable energy use is increased. Further, the storage system will occupy 2500 square metres and will include supporting infrastructures such as climate-controlled energy storage enclosures and grid connection.

Read More
Grid-scale battery storage is on the rise

Grid-scale battery storage is on the rise

December 17, 2020 |

Driven by technological advances, facilities are being built with storage systems that can hold enough renewable energy to power hundreds of thousands of homes. The advent of “big battery” technology addresses a key challenge for green energy — the intermittency of wind and solar.

Read More
Climate Change (National Framework for Adaptation and Mitigation) Bill 2020

Climate Change (National Framework for Adaptation and Mitigation) Bill 2020

December 17, 2020 |

As Australia works towards its goal to reach net zero emissions by 2050, the Climate Change National Framework for Adaptation and Mitigation) Bill 2020 comes at a crucial time to aid the cause. IEEFA comments on components of the Climate Change Bill 2020, and provides more detail on the increasing pressure being brought to bear by globally significant financial institutions as well as Australia’s major trading partners.

Read More
Australian and Japanese companies study the potential of deep-sea carbon capture

Australian and Japanese companies study the potential of deep-sea carbon capture

December 11, 2020 |

Australian and Japanese companies are exploring the potential of capturing carbon dioxide from industries in Asia and storing it off the coast of Australia, on the ocean floor. Australian company, Transborders Energy Pty is leading the ‘deepC store project’ along with its partners which include Tokyo Gas Co. and Kyushu Electric Power Co. The team is exploring the possibility of shipping emissions across the Asia-Pacific region using a floating hub to inject the material under the seabed.

Read More
How Australia’s vast resources could make it a green energy superpower

How Australia’s vast resources could make it a green energy superpower

December 6, 2020 |

For Australia’s renewable energy sector, there is a renewed sense of optimism. Last year, Australia was deploying new renewables 10 times faster per capita than the global average, and four times faster per capita than in Europe, China, Japan or the US. Another sign of Australia’s ambition to lead the renewables revolution is the more than 10GW of roof-mounted solar PV deployed, by far the largest per capita rooftop-PV deployment in the world.

Read More
No country can come near 100% renewables without hydropower: International Hydropower Association’s Roger Gill

No country can come near 100% renewables without hydropower: International Hydropower Association’s Roger Gill

November 19, 2020 |

The world has about 160 GW of pumped storage installed capacity at the moment – storing at least 9,000 GWh of electricity. Indeed over 94 per cent of the world’s entire energy storage is pumped hydro. We need to double this capacity: that’s another 160 GW. But if the market structures are ill defined, investors won’t fund these projects.

Read More
Australia’s New South Wales aims for $23.3 billion of private investments in renewables space

Australia’s New South Wales aims for $23.3 billion of private investments in renewables space

November 11, 2020 |

The state of New South Wales in Australia announced its plans to shift from coal-base power to renewables in the next decade. For this it aims to mobilise $23.3 billion of private investment into the renewables sector. The state authorities plan to attract private participation by improving the approval process, reducing bureaucratic hurdles and ensure timely clearances.

Read More
Macquarie fund buys 622 MW Romanian renewables portfolio

Macquarie fund buys 622 MW Romanian renewables portfolio

October 26, 2020 |

Macquarie Infrastructure and Real Assets (MIRA) has decided to acquire a portfolio of Romanian power assets from energy conglomerate, CEZ Group. The portfolio comprises a renewable energy platform with 622 MW of primarily onshore wind farms, as well as an 86,665 kms of regulated electricity distribution network and an electricity and gas supply business with 1.4 million residential and industrial connections in the South West of Romania.

Read More