Tag: energy
ABB pushes new BESS-as-a-Service model to meet soaring energy demands
As Australia prepares for a major energy transition, the need for scalable, flexible battery storage solutions has never been more urgent. The Australian Energy Market Operator (AEMO) forecasts that the country will require around 9GW of new battery energy storage systems (BESS) by 2027 to support renewable energy integration, manage coal plant closures, and address rising grid volatility.
Gov’t grants to help Victorian manufacturers slash energy bills
The Victorian Government is investing in the state’s manufacturing future with a $10 million grant initiative aimed at reducing energy costs, supporting local jobs, and accelerating industrial electrification in the food and beverage processing sector.
UNSW Sydney transitions residential campuses to renewable electric energy
UNSW Sydney has completed the transition of its Sydney-based residential colleges and associated facilities from gas to renewable electric energy, marking a notable development in its ongoing sustainability program.
NSW Government engages community on Illawarra Renewable Energy Zone plans
The NSW Government has taken a key step toward establishing the state’s first urban renewable energy zone (REZ), engaging with community, industry and union leaders in Wollongong to discuss the future of clean energy in the Illawarra region.
Australia risks falling behind as gas investment slows, report warns
Australia is at risk of losing its competitive edge in natural gas investment, threatening its energy security, economic outlook, and climate goals, according to a new report released by global research and consultancy firm Wood Mackenzie.
Australian Vanadium cuts energy storage costs in Project Lumina breakthrough
Australian Vanadium Limited (ASX: AVL) has announced further progress in the development of Project Lumina, its vanadium flow battery (VFB) energy storage solution, reporting improved competitiveness in energy storage costs following detailed design and engineering efforts.
Australian oil and gas sector backs reappointed resources minister
Australia’s oil and gas sector has expressed a willingness to work collaboratively with Prime Minister Anthony Albanese’s newly restructured Ministry, emphasising the need for energy policy reforms that support long-term energy security and economic development.
Lightweight solar mirrors to power clean heat in Australian agriculture, industry
A collaborative project between researchers and industry partners is aiming to reshape Australia’s industrial energy landscape through the development of a world-first concentrated solar thermal (CST) demonstrator designed to cut reliance on fossil fuels.
Sungrow ranked Australia’s top inverter and battery manufacturer for 2024
Sungrow has been named the number one inverter and residential battery manufacturer in Australia for 2024, according to new data released by solar industry authority SunWiz.
Supporting Australia’s solar switchover
Australia has led the way in rooftop solar photovoltaic (PV) penetration for the last decade — nearly one out of three Australian homes now have solar panels on their roofs, according to SunWiz.