The Victorian Labor Party announced on Thursday that, if re-elected in the upcoming State election, it would increase the state’s Renewable Energy Target to 50% by 2030 in a move intended to create thousands of jobs, increase renewable energy in the state grid, increase investment, and drive down energy prices.
The Australian Renewable Energy Agency has this week launched a $7 million funding initiative that is designed to test and prove how renewable energy technologies can better provide grid stability and security services.
Siemens Gamesa Renewable Energy announced this week that it has been awarded the contract to build what it is calling a “pioneering” 194 megawatt (MW) onshore wind farm in the south of the country with a combined battery energy storage system.
The 226 megawatt Murra Warra Wind Farm Stage One has announced financial close this week after securing investments from developer Renewable Energy Systems and banking giant Macquarie Group, which will allow construction to commence immediately.
UK-based billionaire Sanjeev Gupta is looking to buy equipment from and use part of the old Holden factory in South Australia to create an electric vehicle production line. That would be a significant part of remarkable transformation of Australia’s car industry and economy.
The ambitious renewable energy-focused power retailer Powershop Australia has signed a huge deal for the output of a 200MW solar farm and two big wind farms, after being “stunned” by the low prices offered after it went to the market for proposals last year.
Australia’s largest cities could begin experiencing extreme heatwaves with +50° Celsius temperatures within the relatively near term (within the next ~20 years), even if international climate change and greenhouse gas emissions reductions goals are met, according to a recent study published in the journal Geophysical Research Letters.
The Andrews Labor Government in Victoria, Australia, has successfully passed through the State’s Legislative Council its ambitious renewable energy target of 25% renewable energy by 2020 and 40% by 2025.
Battery storage system installations in Australia look set to confirm predictions they will treble in 2017, driven by a growing uptake of home battery systems.
Originally published on RenewEconomy This graph caught our eye. Posted on Twitter on Monday by Tristan Edis, from Green Energy Markets, it shows the big month that wind energy enjoyed in September across the National Electricity Market. According to Edis, the wind farms in Victoria, South Australia, Tasmania and NSW … [continued]
