Tag: australia

Queensland begins construction of 252 MW Wambo wind farm

The Queensland government in Australia has started construction on the 252 MW Wambo wind farm.
The project, which is situated in the Western Downs region, was officially launched by Queensland’s Minister for Energy, Renewables, and Hydrogen, Mick de Brenni, in the presence of representatives from Cubico Sustainable Investments and Stanwell. Wambo wind farm is a joint venture between the two companies. The wind farm will be equipped with 42 wind turbines, and the project supports the state government’s target of 50 per cent renewable energy by 2030.

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Mainstream and partners plan to build 2.5 GW wind project in Australia

AGL, DIRECT Infrastructure, Mainstream Renewable Power, and Reventus Power have joined forces to submit an application for the construction of a 2.5 GW offshore wind farm in Australia’s Gippsland region. The Bass Strait, the first offshore wind zone approved by the Australian government, will act as the site for the proposed offshore wind project. Reportedly, the 15,000 sq km zone will expand employment prospects and produce 10 GW of renewable energy annually.

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Australia and the US announce green energy and mineral compact

Australia and the US have announced a bilateral agreement to collaborate on legislation to aid the green energy transition in both countries with a new compact. The Climate, Critical Minerals, and Clean Energy Transformation Compact will see the two countries adopt shared energy goals and policies. This will in effect allow Australian green businesses to benefit from subsidies and protections provided to US companies under the Inflation Reduction Act.

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RWE wins tender for 400 MWh battery in Australia

RWE Renewables Europe & Australia, a subsidiary of German electric utility RWE, has won a competitive tender to build a 50 MW/400 MWh battery energy storage system in New South Wales, southeast Australia. In Balranald, New South Wales, the battery will be installed next to the 249 MW Limondale solar farm, which is owned by RWE. Limondale has 770 hectares and has been in operation since 2021. RWE expects to announce the project’s final investment decision by May 2024. 

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Australia Energy Policy Review 2023

Since the IEA’s last review in 2018, Australia has significantly raised its climate ambitions, with the 2022 Climate Change Act doubling the target for emissions reductions by 2030 and setting the goal of reaching net zero emissions by 2050. To match these increased ambitions, Australia is seeking to update its existing strategies, starting with the preparation of a new emissions reduction plan for 2050. Such efforts would support both climate and energy security goals.

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BlueFloat Energy to construct 1.7 GW offshore wind farm in Australia

BlueFloat Energy, a Spanish renewable energy company, has announced its plans to build Eastern Rise, a 1.7 GW floating offshore wind farm in Australia. The floating wind farm will be built in a proposed offshore wind zone in the Hunter Region, which had been announced by Climate Change and Energy Minister Chris Bowen. Reportedly, Eastern Rise is expected to be completed over a period of seven years and will create several local jobs in its development phase.

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Gentari completes acquisition of Wirsol’s Australian solar and storage assets

Wirsol Energy and its assets have been purchased by Gentari Renewables Australia from the German renewables group Wircon. Wirsol Energy, which entered the Australian market in 2017, owns and operates renewable energy and storage projects in New South Wales, Victoria, and Queensland. It has 422 MW of operational solar and storage projects and nearly double that amount in development.

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Ingka Group acquires 15 per cent stake in Golden Plains wind farm in Australia

Ingka Group, the Swedish holding company that owns the majority of IKEA stores worldwide, has acquired a 15 per cent share in the Golden Plains wind farm in Victoria, Australia.   Reportedly, the company also plans to engage in green energy projects in South Korea, China, Japan, and India. TagEnergy is constructing the Golden Plains facility, and the first phase of the project, with a 756 MW capacity, has completed financial close.

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Amazon procures record 8.3 GW of clean energy in 2022

Amazon has recently announced that in 2022 it grew its renewable energy capacity by 8.3 GW through 133 new projects in 11 countries. This brings Amazon’s total portfolio to more than 20 GW—that could generate the amount of energy to power 5.3 million U.S. homes—across 401 renewable energy projects in 22 countries. With these continued investments, reportedly, Amazon set a new corporate record for the most renewable energy announced by a single company in one year.

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Australia, Netherlands sign MoU on green hydrogen

Australia and the Netherlands have signed a memorandum of understanding (MoU) to collaborate on the construction of a green hydrogen supply chain from Australia to Europe via the Port of Rotterdam. During Australia’s Minister for Climate Change and Energy, Chris Bowen’s visit to Europe, the MoU was signed between him and the Netherlands Minister for Climate and Energy. This expands on existing agreements between many Australian jurisdictions and the Dutch port.

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Australia releases guidelines for Townsville hydrogen hub

The government of Australia has announced rules for the Townsville Region Hydrogen Hub programme, which will invest A$70 million in the establishment of a hydrogen hub in Townsville, North Queensland. The area is set to receive an investment of A$140 million, including matching funds, to produce renewable hydrogen for local use or export.

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Shell Energy receives rights to build BESS project in Australia

Shell Energy has acquired the development rights to a 500 MW battery energy storage system (BESS) project in Australia. Under the terms of the agreement, Shell will be granted the right to build, own, and operate the Wallerawang 9 Battery project (FID). The former Wallerawang Power Station site near Lithgow, New South Wales (NSW), will be used for the project’s construction.

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Run, Australia, Run! Catch Up with Leading Markets in Decarbonizing Light-Duty Vehicles

The Australian Government recently conducted a public consultation on national electric vehicle (EV) strategy and sought inputs on introducing mandatory national vehicle fuel efficiency standards for new light-duty vehicles (LDVs). This is a key step and we applaud the government for taking it. Adopting fuel efficiency or carbon dioxide (CO2) emission standards will help promote EV sales and help Australia to catch up with leading vehicle markets in combating climate change.

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Goldwind sells 49% stake in 528 MW wind farm in Australia

Palisade Investment Partners and Aware Super Pty Ltd., as trustees of Aware Super, have agreed to acquire a 49 per cent stake in the 528 MW Stockyard Hill Wind Farm from Goldwind in Australia. The wind farm, which has 149 Goldwind turbines, was completed in September 2022.

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Modern Slavery in Clean Energy in Australia: White Paper

The aims of the report are to raise awareness of the issue across industry, bring focus to the possible pathways for addressing it and to hopefully create a clear starting point from which the industry and a wide range of stakeholders can collaboratively develop effective strategies and actions to eliminate modern slavery from clean energy supply chains as Australia embarks on a critical phase of its energy transformation.

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Equis plans to construct a 1.2 GW battery in Victoria

Equis Development has rebranded and relaunched its $1.28 billion battery energy storage system (BESS) on the outskirts of Melbourne, Australia. In order to co-develop the BESS project, the company has acquired a 100 per cent stake in the Melton Renewable Energy Hub from Syncline Energy.

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Vena Energy to construct 2 GW offshore wind project in Australia

Vena Energy, based in Singapore, plans to build the Marlin Offshore Wind Project, a 2 GW offshore power facility in Victoria, Australia. Located 23km from the Victorian Coast in the Gippsland Basin, the offshore wind site was first identified by the company in 2017. According to Vena Energy, the project site will benefit from the strong offshore winds.

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