Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
Australian Government Rules Out Electric Vehicle Subsidies From ‘Future Fuel Strategy’ Updated On Sat, Feb 6th, 2021 by Saurenergy The Australian government has released a ‘Future Fuel Strategy’ paper, which states that the government will not provide subsidies to spur faster growth of cleaner cars (electric vehicles). It does not include policies that can make buying electric vehicles (EVs) affordable, as some other countries have announced. Rather, the government proposed to invest in electric […] Read more
Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac Updated On Fri, Feb 5th, 2021 by Saurenergy Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […] Read more
Sungrow Debuts Second Generation of Three-phase Residential Inverters in Australia Updated On Thu, Feb 4th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier, launched its second generation three-phase residential inverters tailored for the Australian landscape. The comprehensive residential line-up of Sungrow’s Gen-2 three-phase inverters come in five variants – 5kW, 7kW, 10kW, 15kW and 20kW and are loaded with cutting edge technologies such as Arc Fault Circuit Interrupter (AFCI) which substantially […] Read more
Australia Solar Plant Ropes In Singapore’s Keppel Renewable As Partner Updated On Mon, Dec 28th, 2020 by Saurenergy Singapore-based Keppel Renewable Energy 9KRE), is investing for a 45% stake in Harlin Solar, which is developing a 500 MW solar farm at Harlin, about 100 kilometers northwest of Brisbane, Australia. This is KRE’s first large scale solar plant anywhere. The group has a 2030 target of 7 GW of renewable energy projects. The investment, […] Read more
Vestas wins 328 MW order for two wind projects in Australia Updated On Fri, Nov 27th, 2020 by Saurenergy In partnership with Global Power Generation, a subsidiary of the multinational power company Naturgy Group, Vestas has secured a 328 MW deal for two wind projects in Victoria, Australia. The order includes supply and installation of 52 V136-4.2 MW wind turbines for the Ryan Corner Wind Farm as well as the engineering, procurement and construction of […] Read more
Australia’s Leanings Towards Battery Storage Over New Transmission Updated On Wed, Nov 18th, 2020 by Saurenergy It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […] Read more
Neoen to Build one of the World’s Largest Batteries in Australia Updated On Fri, Nov 6th, 2020 by Saurenergy Neoen has been awarded a 250 MW grid services contract by AEMO, the services will be provided by Neoen’s future 300 MW Victorian Big Battery, set to become one of the world’s largest batteries. Neoen, one of the world’s leading and fastest-growing producers of renewable energy, has announced that it has been awarded a 250 […] Read more
