NAB will no longer back new coal projects

Posted on December 14, 2017. Australasian News.

Source: NAB has become the first major Australian lender to stop financing new thermal coal mining projects, calling for an orderly transition to a low carbon Australia. National Australia Bank says it will stop lending for new thermal coal mining projects, becoming the first major Australian bank to phase out support for the sector…. Read more »

NZ aid for solar power and education on Nauru

Posted on December 14, 2017. Australasian News.

Source: New Zealand is to provide aid to Nauru for solar power generation and education. This was revealed by the new New Zealand high commissioner Nicola Simmonds when she met with the acting Nauru president David Adeang last week. New Zealand gives Nauru about $US1.6 million in aid each year, focussing on building greater… Read more »

Top Energy awards contracts for construction of 28 MW Ngawha geothermal plant, NZ

Posted on December 13, 2017. Australasian News.

Author: Alexander Richter Source: Top Energy has awarded contracts for the construction of the 28 MW expansion of the Ngawha geothermal power plant in the Northland on the Northern tip of New Zealand. With earthworks going to NZ-based company, drilling to an Icelandic geothermal drilling company and the plant EPC to Ormat Technologies. In… Read more »

Genex selects UGL as preferred EPC contract for 270MW solar project

Posted on December 13, 2017. Australasian News.

Source: Genex Power has selected CIMIC Group company UGL as preferred engineering procurement and construction (EPC) contractor for a 270MW solar farm project in North Queensland. The solar power project is part of Genex’s Kidston Stage 2 project, an integrated solar and pumped hydro hybrid project. The two companies have signed an exclusive early… Read more »

Construction Imminent On Major Solar-Wind-Storage Hybrid Plant In Queensland

Posted on December 12, 2017. Australasian News.

Source: Construction on Australia’s first utility-scale wind, solar and energy storage hybrid project to be connected to the national grid is about to start near Hughenden in northwest Queensland. Australian developer Windlab put out a similar release in October, but construction on the roughly 60MW plant is now due to start today. The project is… Read more »

NT gov dubs Alice Springs the new hub for future energy

Posted on December 12, 2017. Australasian News.

Source: According to a press statement by the NT government, Alice Springs will be becoming Australia’s hub for best-practice renewables research, development and implementation with the announcement of the state government $5 million investment over three years to fund a new energy centre. The Intyalheme Centre for Future Energy (ICFE) housed at the Desert Knowledge… Read more »

Maoneng lands Australia’s biggest solar PPA – 300MW – with AGL

Posted on December 11, 2017. Australasian News.

Author: Giles Parkinson Source: China-Australia renewable energy developer Maoneng Australia says it has landed the biggest ever power purchase agreement for solar power in Australia, as part of AGL’s plans to replace the ageing Liddell coal generator with renewables and storage in 2022. Maoneng said it had signed a 15-year PPA with AGL for… Read more »

How does IKEA Australia approach sustainability?

Posted on December 08, 2017. Australasian News.

Author: Niki Waldegrave Source: Almost 1% of all commercially harvested wood goes into IKEA products. But it’s trying to change this with an impressive 2020 goal of 100% renewable energy, producing as much as it consumes in operations, and that its wood, paper and cardboard will be sourced 100% sustainably. Leading the its Australian… Read more »

NSW signs LGC off-take deal with Neoen’s Dubbo solar farm

Posted on December 08, 2017. Australasian News.

Author: Giles Parkinson Source: The NSW Coalition government has agreed to buy green energy certificates from the soon-to-be-completed Dubbo solar farm to help meet its own obligations under the national renewable energy target. Under the deal signed with French renewable energy developer Neoen, NSW will buy the large scale generation certificates (known as LGCs) generated… Read more »