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Natural Gas
2023-02-21
Armour Signs Gas Supply Heads of Agreement
The HOA contemplates the sale of gas produced from the Glyde Field from production startup (mid-CY2025) for 14 years through to the end of CY2039 providing fuel to support the development of the Merlin Diamond Project which is currently undergoing a feasi
Offshore Wind Power
2023-02-21
EDF Renewables Acquires a Floating Offshore Wind Project in Australia
The Australian subsidiary of EDF Renewables has acquired the Newcastle Offshore Wind Farm, a floating offshore project under development near the Port of Newcastle, Australia.The project is planned for the Hunter?Central Coast Renewable Energy Zone (REZ)
Energy Transition
2023-02-20
Siemens Swinburne Energy Transition Hub to Launch in Australia
Siemens and Swinburne University of Technology have agreed to set up the most advanced future Energy Transition Hub of its kind in Australia in at the University’s Hawthorn campus in Melbourne. Courtesy Siemens.Siemens and Swinburne University o
Solar Power Plant
2023-02-16
One Step Closer Towards Australia’s First Commercial Scale Concentrated Solar Power Plant
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced it has approved $65 million in funding to Vast Solar to construct VS1, a first-of-a-kind 30 MW / 288 MWh concentrated solar power (CSP) plant in Port Augu
Solar Power Plant
2023-02-15
ARENA Provides $45.2M Funding for Vast Solar Project
The concentrated solar power plant project has a 30MW/288MWh capacity.The Australian Government has allocated $45.2m ($65m) in funding for the construction of Vast Solar’s VS1 project, a 30-megawatt (MW)/288MW-hour concentrated solar power (CSP)
Solar Technology
2023-02-10
Solar’s Stunning Journey From Lab Curiosity to Global Juggernaut Wiping Out Fossil Fuels
Image: Jamie Kidston/ANU. ANU solar pioneer, Professor Andrew Blakers has won the 2023 Queen Elizabeth prize in Engineering for ground breaking research in solar cell efficiencyOne of the four Australian solar researchers who have won the world’
Energy Storage Battery
2023-02-10
Naturgy Commissions Its First Battery Storage Facility Worldwide in Australia
Naturgy has successfully connected its first battery storage facility in the world to the grid, a historical milestone for the company in the renewables business. The ACT Battery project, located in Australia and developed and built by its international g
Solar Power Plant
2023-02-09
Genesis Energy-FRV Australia JV Acquires 52MW Solar Plant in New Zealand
Once operational, the plant can supply power to 9,800 houses.The joint venture between New Zealand-listed electricity generation firm Genesis Energy and FRV Australia has purchased the 52-megawatt Lauriston solar farm.In a joint statement, they said the s
Solar Power Plant
2023-02-07
Financial Close for 20 MW of PV, 5 Mwh of Storage in Madagascar
Axian has secured MGA 47.1 billion ($10.9 million) to finance the expansion of a 40 MW solar plant and a 5 MWh storage facility into a 60 MW PV project with 10 MWh of storage. The installation will become Madagascar’s largest solar park upon com
Energy Taxation
2023-02-07
Green Loans: The Sustainable Business Move
In recent news, it has emerged that global banks are failing to invest in renewables in line with commitments made at Paris COP21. With 93% of overall energy funding going towards fossil fuel projects and only 7% funneled into sustainability projects, the
Pumped Storage
2023-02-07
Webuild Acquiring Assets of Snowy 2.0 Pumped Storage Contractor Clough
Webuild has signed a contract with the Deloitte Administrators of Clough Limited in Australia to acquire assets of Clough, which is the contractor for the Snowy 2.0 pumped storage project.The final acquisition perimeter comprises Clough’s organi
EV Market
2023-02-06
EV Uptake Reaches New Highs as Tesla Deliveries Play Catch Up, BMW Trumps Mercedes
EV Uptake in Australia reached a new monthly high in January 2023, with EVs making up 5.7% of all vehicles sold nationwide. This has meant that Australia’s EV uptake has now surpassed 70,000 EVs and the momentum is building.Today I explore some
Energy Taxation
2023-02-06
Fuel Tax Exemptions Make No Sense – For the Climate or the Economy
Petrol and Diesel pumps at a service station in Sydney. (AAP Image/James Gourley)Revising the generous fuel tax credits given to businesses should be a priority for the Albanese government, because keeping them would conflict with two other pressing prior
Australia
2023-02-03
Incentives for Off-Peak Charging of Electric Vehicles Could Ease Stress on the Australian Grid
New data from Cornwall Insight Australia's EV uptake model shows that under an extreme scenario, 22 million electric vehicles (EVs) are expected to be part of the National Electricity Market (NEM) states’ fleet by 2052. The scenario is b
Nuclear Power Plant
2023-02-03
Lucas Heights Redevelopment Project Gets Under Way
The Australian Nuclear Science and Technology Organisation (ANSTO) has begun a project at its Lucas Heights facility near Sydney to remove general solid waste, building waste, and some mineral sands used in rare earth metals research, to make way for futu
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