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Australian energy market

Sicona Secures AU$3.7 M to Expand Battery Supplies Tech

Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […]

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AGL & Wärtsilä to Build 250MW Grid-scale BESS in South Australia

Australian integrated energy company, AGL Energy Ltd. will build a 250 MW grid-scale battery energy storage system at Torrens Islands in South Australia. The firm has announced an investment of $180 million to construct its first grid-scale BESS project and the second biggest in Australia. AGL has appointed Finnish technology major in marine and energy […]

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Rooftop PV is Australia’s Second Largest Generator Now, says AEC

At more than 14.7 GW rooftop solar is now the second largest generator by capacity in Australia, according to the Australian Energy Council’s (AEC) latest Quarterly Solar Report. We have reported earlier on how Australia has been one of those rare large markets where rooftop solar had led growth over utility solar. This has been due […]

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Maxeon Launches New PV Module, Extends its AC Series

Singapore-based solar company Maxeon has announced the entry of a new product – Performance 3 AC solar PV module – into its AC portfolio, following the introduction of the Maxeon 5 AC panel in late 2020. AC Energy Solutions combine Maxeon’s solar panel technology with advanced microinverter technology, offering a customizable solar solution to maximize […]

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NSW Govt Gives Go-ahead to 400 MW Solar-Battery Plant in Australia

UPC/AC Renewables Australia has announced that the New South Wales government has granted its approval to the development plans for the 400-MW Stubbo Solar Farm and Battery project in the Orana region of the Australian state. UPC\AC Renewables is a joint venture of UPC Renewables Australia Pty Ltd and AC Energy, part of the Ayala Corp […]

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Solar Generated Maximum Electricity Among all Renewables in Australia

Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […]

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AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia

The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […]

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Fortescue, IHI Study Green NH3 Supply Chain Options b/w Aus & Japan

Three notable companies- Fortescue Future Industries Pty Ltd (FFI), IHI Engineering Australia Pty Ltd (IEA), and IHI Corporation (IHI)- have signed a memorandum of understanding (MOU) for investigation into establishing green ammonia (NH3) supply chains between Australia and Japan. The Australian FFI is a subsidiary of Fortescue Metals Group Ltd, which works in culture, innovation […]

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Vestas Wins First EnVentus Order in Asia Pacific for a 157 MW Project in Australia

Vestas has secured a 157 MW order from Neoen to deliver the engineering, procurement and construction of Kaban Green Power Hub in Far North Queensland, Australia. The project will feature 28 of Vestas’ V162-5.6 MW turbines from the EnVentus platform. This marks Vestas’ first EnVentus order for Asia Pacific and Australia, as well as Neoen’s first […]

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