An independent review by the Emissions Reduction Assurance Committee (ERAC) into the Australian Federal Government’s Climate Solutions Fund has dismissed calls to access dedicated climate funding for upgrades to extend the operational life of coal-fired power generators.
The Australian Government has announced that it is putting an additional $1 billion into its publicly-funded Clean Energy Finance Corporation (CEFC), the so-called “green bank” to invest in energy projects.
The Solar River Project and GE Renewable Energy have announced that GE has been selected for the supply and integration of one of the largest grid-scale battery technology hybrid deployment to be installed for the Solar River Project in South Australia.
GE Renewable Energy has announced that it has been selected by investors Partners Group and CWP as the wind turbine supplier for the 244MW Bango wind farm near Yass, New South Wales, Australia.
New Zealand’s biggest retail power company, Genesis Energy, has announced that it will buy the energy from the planned Tilt Renewables wind farm in South Taranaki.
The Australian Government has approved $1 billion for an expansion of the state-owned power generator Snowy Hydro to back up wind and solar power.
One of the biggest funders of energy projects in Australia said that coal-fired power generation projects were unlikely to be developed unless there was taxpayer funding involved, as investment continues to flow to renewables.
SIMEC ZEN Energy has launched a $1 billion 1 GW dispatchable renewable energy programme, consisting of a number of projects, including cogeneration at the Whyalla steel plant in South Australia.
Alinta Energy has made a formal offer to buy AGL’s Liddell coal-fired power station, in New South Wales, Australia, for AU$250 million.
Siemens Gamesa Renewable Energy (SGRE) has been commissioned to build a 194 MW wind farm complex in Australia, which will combine installation of 56 of the firm’s SG 3.4-132 turbines with a battery energy storage system.