Clean Energy update shows record investment in Australian renewable power

The Clean Energy Finance Corporation has issued an update on Australian renewable power, while redefining its priorities for the financial year. The CEFC made new investment commitments of almost $1.5 billion in the 12 months to June 30 2019. Its investment spread across 30 transactions with a total value of $6.3 billion. The CEFC is responsible […]

Australia close to national battery standard following draft approval

Australia is close to implementing a national battery standard. This follows Standards Australia’s  approval of a first draft of regulations covering energy storage in an announcement last week. The Clean Energy Council (CEC) applauded the move as a big step forward for the growing energy storage industry. However, some stakeholders are unhappy with the requirements. That’s […]

South Australian virtual power plant cuts energy bills as phase 3 begins

Tesla’s South Australian virtual power plant (VPP) is already saving low-income households more than 20 per cent on their electricity bills. The government reports that SA’s most disadvantaged households are pooling output from free solar panels and Tesla Powerwall 2 batteries to cut power bills. Individual solar battery systems within the VPP connect to form a large, […]

Japan primed for cheap energy storage thanks to Chinese battery giant

Chinese electric vehicle battery maker CATL will soon sell home solar batteries to a Japanese market starved of cheap energy storage. CATL, the world’s largest maker of electric vehicle batteries aims to slash the price of Japanese home batteries by providing components. CATL’s Japanese partner Next Energy & Resources will then assemble them. With a […]

Queensland’s CleanCo calls for clean energy: 5 solar farms make shortlist for 400 MW reverse auction

CleanCo, Queensland’s state-owned clean electricity generating and trading company, wants clean energy projects to bid for contracts in regional investment. Ten renewable projects are short-listed. These include wind farms, commercial solar installations,  as well as hydroelectric power stations in Far North Queensland (FNQ). CleanCo will provide up to 400 MW of new generation and storage […]