Tesla big battery deal could provide blueprint for financing storage projects

Tesla Battery Deal Victoria

An “innovative and ground-breaking” deal between Tesla and the ASX-listed Genex for a new big battery project in Queensland could provide a blue-print for future financing of battery storage projects in Australia, and help overcome a major hurdle for such investments. Genex last December announced it had locked in a unique revenue sharing deal with […]

Turkey’s installed solar power to reach 40 gigawatts by 2030

Turkey to reach 40 gw Solar Capacity

Turkey’s installed solar power is expected to reach 11 gigawatts this year and at least 12 gigawatts next year, before it hits 40 gigawatts by 2030, according to Kutay Kaleli, head of the International Solar Energy Society (ISES) Turkey Section (GÜNDER) on Monday. Turkey’s total installed power in electricity has reached 99,819 megawatts as of […]

Neoen begins Goyder Renewables Zone wind-solar-storage hybrid project in South Australia

Neoen begins Goyder Renewables Zone

The start of work on a hybrid renewable energy project combining large-scale wind power, solar PV and energy storage, marks “an important moment in South Australia’s clean energy transition,” the state’s energy minister has said.  Renewable energy developer and independent power producer (IPP) Neoen said this morning that early stage construction works to build 412MW […]

Ultra low-cost solar power a priority for Australia

More Australian renewable energy innovation is in the sight of the federal government, which is investing $40 million into research and development to lower the cost of producing power from solar panels. The Australian Renewable Energy Agency has committed $40 million of the $1.6 billion funding injection it received last year into low-cost solar, which […]

27,000 Panels: Australia’s Largest Rooftop Solar PV System Nears Completion

Australia’s largest rooftop solar PV system is near the final stages of commissioning, set to be operational by the end of the Christmas break. The 10MWdc rooftop solar system, spread across the roof of Australian Panel Products’ (APP) particleboard production facility in Oberon, New South Wales, consists of a whopping 27,000 solar panels. The project which commenced […]

Australia is racing towards 100 per cent renewables. What does that look like?

“I still have to pinch myself.” So says Peter Cowling, the head of the Australasian operations of the world’s biggest wind turbine manufacturer, Vestas, on the latest modelling on Australia’s rapid energy transition from the Australian Energy Market Operator. And Cowling, who made the comment on last week’s episode of RenewEconomy’s Energy Insiders podcast, is not the […]

Brown coal likely to close by 2032, AEMO says, but all coal may be gone by then

Australia’s electricity transition is accelerating at an unprecedented pace, and the new planning blueprint from the Australian Energy Market Operator now assumes that coal closures will occur at three times the expected rate, and all the country’s brown coal generators could be gone by 2032. The new assumptions are made in AEMO’s updated “Step Change” […]

Cbus Property lodge application for one of the world’s first ‘solar skin’ façades.

Transparent Solar Panel Commercial Building

Cbus Property has lodged a development application for a $1 billion commercial tower at 435 Bourke Street that will have one of the world’s first ‘solar skin’ façades. Why we love this project: A reinvigorated design has a “greatly enhanced focus on sustainability, wellness, collaboration, connection, nature and productivity,” says Cbus Property CEO Adrian Pozzo. […]

Morrison and Taylor outline vision for more fossil gas fields, and more pipelines

Scott Morrison Scomo Solar Fossil Fuel

The Morrison government will back the development of yet more gas basins and the construction of new gas pipelines, as part of a new infrastructure plan that sees Australia double down on its status as a leading global producer of fossil fuels. The 2021 National Gas Infrastructure Plan released on Friday outlines the Morrison government’s vision to […]