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Australian energy market

Australia’s Largest Tender Expected To Add 6 GW Of Renewables

The Albanese government today announced its largest single tender for renewable energy in Australia, with the first auction as part of the reliable renewables plan set for late May. The Australian government through the national capacity investment scheme (CIS) tender targets to add 6 GW of new variable renewable energy projects for the National Electricity […]

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Australia Set To Release ‘Future Made In Australia Act’

Anthony Albanese, Prime Minister of Australia in his speech in Brisbane, Albanese announced plans for the Future Made in Australia Act to boost investment, create jobs, and capitalise on Australia’s strengths. He emphasized the importance of Queensland’s contribution to generating energy, skills, jobs, technology, and investment for future prosperity. He highlighted the need for every […]

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Australia’s RE Sector Can Create 60,000 Manufacturing Jobs: Study

Institute For Sustainable Future (ISF) recent study report found an association between Australia’s net zero targets and job creation, the report’s findings stated, that renewable energy can create up to 60,000 jobs in the manufacturing sector. The report by the Australian Manufacturing Workers’ Union (AMWU) and Climate Action Network Australia places among the global leader […]

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EEW Partners With Grupo COBRA Australia To Develop 200 MWdc Solar Farm & 50MW BESS

EEW Eco Energy World, an independent renewable energy projects developer, has announced a partnership to develop a 200 MWdc solar PV farm plus a 50 MW BESS (battery energy storage system) project with Grupo COBRA, an industrial and energy services group. The project, located in Queensland, Australia, is set to reach ready-to-build status within 2024. […]

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The Pushback Against China’s Dominance In Solar Manufacturing

Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […]

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Australia In Focus as Pacific Green Targets 12 GWh Global BESS Capacity

UK based Global energy storage and environmental technology company, Pacific Green Technologies, Inc. is targeting more than 12GWh of battery energy storage capacity across four global markets. Having achieved rapid pipeline growth to 6GWh in 2023 – taking scale positions in the emerging Italian and Australian energy storage markets, as well as moving its first […]

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Lightsource bp Offloads 294-MW Italian Solar Projects

Lightsource bp have announced that it has inked an agreement for the sale of six solar greenfield projects in Italy to EOS Investment Management Group (EOS IM). Lightsource bp said that the portfolio is currently either permitted or in the late stages of development with construction expected to begin in the next 12 months.  EOS […]

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Australia Witness Rise In EV Sales By 7.2 % In 2023

Federal Chamber of Automotive Industry (FCAI) an industry organization representing manufacturers said in its report, Australian new vehicle sales in 2023 a rose to a total of 1,216,780 vehicles during the year. This is estimated to be the highest sales figure was witnessed in 2017, sale of 1,189,116 units. The report mentioned that, in 2023, the […]

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Waaree Renewable Collaborates With 5B Industries To Boost Utility-Scale PV Projects

Indian Solar EPC company--Waaree Renewable Technologies Limited announced a Long Form Heads of Agreement (LFHOA) with 5B Industries PTY LTD, an innovative solar solution company to accelerate the deployment of utility-grade solar power locally in India as well as in international markets with a US-compliant supply chain.  The collaboration is likely to open avenues for […]

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