European Energy Signs PPA With Australian firm Rio Tinto For 1.3 GWp Solar Farm Updated On Wed, Jan 24th, 2024 by Saurenergy A Power Purchase Agreement (PPA) has been signed between the renewable energy company European Energy and Australia-based mining company Rio Tinto. The agreement aims to supply all the energy from the upcoming solar farm Upper Calliope Solar Farm to Rio Tinto. The agreement between European Energy and Rio Tinto is touted as the biggest solar […] Read more
Squadron Energy Begins Building 14GW Wind Farm Expected to Power 2 Million Homes In Australia Updated On Fri, Jan 19th, 2024 by Saurenergy The construction of the largest wind farm in Australia’s New South Wales is currently underway. Upon completion, the project is expected to generate 14GW of green electricity which will be sufficient to power six million homes. The wind farm is being built by Squadron Energy, a renewable energy company in Australia, wholly owned by Tattarang. […] Read more
Australia Witness Rise In EV Sales By 7.2 % In 2023 Updated On Thu, Jan 4th, 2024 by Saurenergy 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 […] Read more
BP Renewable Arm Lightsource bp Sells 1 GW Australian Portfolio To Chinese Firm Updated On Wed, Dec 20th, 2023 by Saurenergy Continuing its efforts to recycle its renewable asserts, Lightsource bp, the renewables focused arm oil and gas major bp with a heavy solar focus, has divested its 1GW solar portfolio in Australia to Beijing Energy International Australia, the local subsidiary of Chinese clean energy firm Beijing Energy. The portfolio consists of five projects, with three […] Read more
Australia Aims To Hike Its Power Capacity To 32 GW With New Investment Updated On Thu, Nov 23rd, 2023 by Saurenergy The Australian government recently announced the expansion of its existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP), in conjunction with the states. It is set to expand the capital investment through CIS from the current pilot stage to 9 GW of dispatchable capacity and 23 GW of variable capacity nationally – […] Read more
Australia’s Hydrogen & Renewable Energy Act 2023 Sees Light of Day Updated On Fri, Nov 17th, 2023 by Saurenergy Both the houses of the South Australian Parliament have cleared the Hydrogen and Renewable Energy Act 2023. Some areas of the state will benefit from the Act with respect to the generation of hydrogen and renewable energy. The legislative framework of Hydrogen and Renewable Energy Act 2023 looks to introduce a ‘one window to government’ […] Read more
Trina Solar Consolidates Australian Market Presence with 1 GW Solar MoU Updated On Fri, Nov 17th, 2023 by Saurenergy Solar panel manufacturer Trina Solar has joined hands by way of a Memorandum of Understanding (MoU) Solar Juice, an Australian solar distributor. The MoU will pave the way or Solar Juice to procure 1 GW of Trina Solar Vertex modules across a span of three years. The China-based firm will further cement its position in […] Read more
Australian Multi-utility ActewAGL Initiates Establishment of 58 EV Chargers Updated On Tue, Nov 14th, 2023 by Saurenergy ActewAGL, an Australian multi-utility joint venture firm that provides utility services in the Australian Capital Territory (ACT) and south-east New South Wales as well as the Australian Parliament House, has set sights on the installation of 58 new electric vehicle (EV) chargers. These will be established across the Parliament House premises. The initiative began with […] Read more
Australian Fund Plans Polysilicon Manufacturing Hub, Launches Supply Chain Tracking Platform Updated On Thu, Nov 2nd, 2023 by Saurenergy Quinbrook Infrastructure Partners, a Queensland, Australia, based investment firm with a special focus on the energy transition, has announced an ambitious plan to establish a polysilicon manufacturing facility in Australia. The move, said to involve investments of $8 billion comes with the firm claiming that land for the project has already been identified in Townsville, […] Read more