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Australian energy market

The Top 5: Countries Offering Highest Incentives To EV Consumers

Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […]

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DNV Acquires Solar Data Specialist Solcast

In a move towards strengthening  its solar forecasting services, Norwegian energy risk management company and assurance provider DNV has acquired Australian solar data specialist Solcast. Six-year-old Solcast was founded by metrologists James Luffman and Dr Nick Engerer, providing historical, live as well as forecast data on solar irradiance, wrapped in a modern application user interface […]

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Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects

Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […]

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New Zealand’s Infra Investor Infratil Creates Australia-Focused Renewables Platform

New Zealand-based infrastructure investor Infratil Limited has established a new renewable energy platform with exclusive focus on Australia – Mint Renewables Limited. Infratil announced that it is investing in Mint Renewables alongside the Commonwealth Superannuation Corporation (CSC). The investment will be managed on behalf of Infratil and CSC by Morrison & Co. Infratil informed that […]

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Bp Takes Control Of AREH – Australia’s Largest Renewables Project

Global energy conglomerate bp has now officially taken over the operations at the Asian Renewable Energy Hub (AREH) – which is the largest renewable energy project in Australia – after it has acquired a 40.5 per cent equity stake in AREH. Situated in the Pilbara, Western Australia, bp held that the RE hub has potential […]

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Case Study: Demand Flexibility for Swift Transition to Renewable

Demand flexibility is the capacity of demand-side loads to change their consumption patterns hourly or on another timescale. It can help make electricity more affordable by helping customers use less power when prices are high. The research community claims that Demand flexibility will play a key role in reaching high levels of renewable generation and […]

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Empower Energies, Redflow In Tie-up for Solar and Flow Battery Solutions in North America

US based renewable energy player Empower Energies and Australian company Redflow have signed a ‘Letter of Intent’ to develop integrated solar and flow battery solutions for the North American commercial and industrial (C&I), remote community micro grid, and utility markets. The official statement of Empower Energies held that the integrated solar and Redflow energy storage […]

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Sungrow to Supply Solar + Storage Project For Australia’s 100 MWh Project

China-based inverter and energy storage solution provider for renewable energy, Sungrow has announced that it will supply a fully integrated 55MW/220MWh Battery Energy Storage System (BESS) to Global Power Generation (GPG) for its 100MWac Cunderdin Project. Cunderdin lies 150 km east of Perth in Western Australia. Global Power Generation is Naturgy Energy Group’s subsidiary and […]

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US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia

In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […]

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