The Clean Energy Finance Corp. (CEFC) has revealed plans to provide A$98 million ($77.05 million) in debt finance to back the development of the biggest biggest solar project in the Australian state of Victoria.
The British solar energy developer will purchase its first PV asset outside of the U.K. in the deal, which is being conducted as part of a joint venture with Syncline Energy Pty Ltd.
AGL Energy is planning its very own big battery, considering a 250MW battery storage facility at the Liddell coal plant in the Hunter Valley as part of a suite of investments designed to replace the capacity and output of the ageing generator that is due to close in 2022.
The solar park is planned to be located in Mareeba, Queensland. Construction is scheduled to begin next year.
The Australian Energy Market Commission (AEMC) has introduced new regulations to stabilize the national grid as coal-fired plants are increasingly phased out and more solar and wind capacity is brought online.
SIMEC Energy, a unit of India’s GFG Alliance, has acquired a majority stake in Adelaide-based PV and battery storage installer ZEN Energy, as part of a broader strategic partnership.
APA Group has secured approval to build between 150 MW and 240 MW of solar capacity in the Australian state of Queensland, with the potential to add up to 100 MW of battery storage.
Australian homeowners and businesses installed 40.3 MW of small-scale solar capacity in August, up roughly 30.6% from the preceding month, according to figures from the nation’s Clean Energy Regulator.
German-owned Australian renewables outfit Wirsol Energy is set to begin construction of a fifth utility-scale solar farm in Australia, in this case the 110 MW Wemen Sun Farm in central Victoria. Wirral says it has acquired the solar farm – including signed grid-connection agreements with Powercor Australia – from Overland Sun Farming and U.K.-based group […]
A unit of Indian conglomerate Adani will start building the first 65 MW phase of a planned 170 MW solar installation in the Australian state of Queensland by the end of this year.
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