Australia
Australia’s electricity demand up 3% YoY in 2022
Australia’s electricity demand up 3% YoY in 2022
Renewables dominated the new capacity additions during the period.
Australian solar company Vast merges with Nabors
The combined entity will go public on the New York Stock Exchange.
ARENA provides $45.2m funding for Vast Solar project
The concentrated solar power plant project has a 30MW/288MWh capacity.
AGL underlying profit down 55% YoY in H1 2023
The results reflected the outages during the period.
Ingka Group invests in Australia‘s biggest wind farm
This is the company’s first renewables investment.
Australia, Netherlands ink deal for renewable hydrogen supply chain development
The MOU also include hydrogen trade policy, standards and certification schemes.
AGL, Essential Energy install network battery in Sovereign Hills
It has a capacity of 2MWh.
ACEN completes Australia development platform deal
This will in effect transform the UPC\AC Renewables Australia JV to ACEN Australia.
Sun Cable sale process starts
Moelis will serve as the sale advisor.
ARENA bares recipients of Australia-Germany hydrogen funding initiative
Australia and Germany committed up to A$50m and EUR50m, respectively.
Sun Cable up for sale to power cross-border grid integration project
Its project aims to deliver renewable energy from Australia to Singapore.
ACEN’s 12-hour energy storage project gets government backing
The Phoenix Pumped Hydro Project received feasibility funding from New South Wales funding.
AGL appoints permanent CEO, CFO
Their appointment is effective immediately.
Low-carbon investments in Australia to climb by 23%: report
The market will follow Africa which is expected to see the highest investment growth.
Sun Cable submits to voluntary administration
This is due to the absence of alignment with the shareholders’ objectives.
US, Australia amongst leading battery systems market: report
The markets account for 55% of projects globally, Fitch Solutions reported.
Shell Energy to develop 500MW/100MWh battery project in Australia
The project will be connected to the 300kV Wallerawang Substation.
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