MPower to emerge as renewables leader in transformation deal

Posted on July 02, 2018. Australasian News.

Source: https://www.pv-magazine-australia.com Energy Made Clean to be acquired from Carnegie Clean Energy to create a regional leader. Acquisition to deliver scale and geographic expansion. 100% scrip acquisition. 11,000+ Carnegie shareholders to hold 32% of the combined group. Tag Pacific to be renamed MPower Tag Pacific Limited is pleased to announce that it has signed an Implementation… Read more »

2 Tesla batteries arrive for world’s first wind-solar-battery project

Posted on July 02, 2018. Australasian News.

Source: https://reneweconomy.com.au The first Tesla Powerpack batteries have arrived on site in north Queensland, ready to be installed at what will be the world’s first grid-connected project combining large scale wind, solar and battery storage. The first stage of the Kennedy Energy Hub will comprise 43.5MW of wind, 15MW of solar and 4MWh of the Tesla Powerpack… Read more »

ICC Sydney partners on sustainability

Posted on June 29, 2018. Australasian News.

Source: http://www.c-mw.net/ International Convention Centre Sydney (ICC Sydney) has joined forces with the City of Sydney Council, accommodation and tourism operators to build Sydney’s reputation on the global stage with the launch of a dedicated Sustainable Destination Partnership programme. The initiative brings together more than 30 local and international organisations including major hotels, museums and city… Read more »

Suntech announces panel supply deal for Australia projects

Posted on June 29, 2018. Australasian News.

Source: https://www.pv-magazine.com Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation. Chinese PV panel manufacturer Wuxi Suntech has announced a deal to supply more than 275,000 modules to Greek developer Biosar, for use in two unnamed ground mount projects in… Read more »

Genex Power Secures Financing For 520 Megawatt Australian Solar PV & Pumped-Hydro Project

Posted on June 26, 2018. Australasian News.

Source: https://cleantechnica.com Australian renewable energy and storage company Genex Power this week announced it has secured AU$516 million (US$382 million) in financing from the Northern Australia Infrastructure Facility for a 520 megawatt (MW) solar PV and pumped-hydro storage project. Genex Power, which developed Kidston 1, announced on Wednesday that the Board of the Northern Australia Infrastructure Facility… Read more »

New Zealand and U.S. sign collaboration agreement on R&D of geothermal technologies

Posted on June 26, 2018. Australasian News.

Source: http://www.thinkgeoenergy.com In a release today, it was announced that New Zealand’s Ministry of Business, Innovation and Employment (MBIE) and the United States Department of Energy (U.S. DOE) have signed a new partnership agreement to facilitate collaboration on the research and development of geothermal technologies. “New Zealand has an abundant supply of renewable geothermal reserves… Read more »

Old hydro scheme in Tas to be transformed

Posted on June 22, 2018. Australasian News.

Source: https://thewest.com.au One of Tasmania’s oldest hydro schemes will be transformed under plans to double the state’s clean energy capacity. The Australian Renewable Energy Agency has provided $2.5 million, to be matched by Hydro Tasmania, to assess the feasibility of upgrading or replacing the Tarraleah Power Station and improve other parts of the Tarraleah scheme. The… Read more »

Silicon Valley EV network plugs into Australian blockchain technology

Posted on June 22, 2018. Australasian News.

Source: https://reneweconomy.com.au A potentially revolutionary system is being implemented in California’s Silicon Valley by Australian energy trading company, Power Ledger, that will use blockchain technology to manage credits generated by the use of renewable energy in electric vehicle charging. Implemented by Power Ledger’s partner in the US, Clean Energy Blockchain Network (CEBN), the platform will create a… Read more »

Renewable energy player Mercury NZ Ltd (ASX:MCY) upgrades profit guidance to $555 million

Posted on June 19, 2018. Australasian News.

Source: https://www.fool.com.au New Zealand electricity company Mercury NZ Ltd (ASX: MCY) has lifted its FY18 EBITDAF guidance from $540 million to $555 million after an increase in hydro generation due to wet weather. Mercury is an Auckland-based company developing and producing power from renewable energy sources to retail and wholesale customers with interests in upstream gas and international… Read more »

Canola plant embraces bioenergy

Posted on June 19, 2018. Australasian News.

Source: http://www.ecogeneration.com.au Wood waste leftover from the local timber industry will soon power MSM Milling’s canola processing facility in Manildra, NSW. The makers of premium canola oil and stock feed hope to annually save 2,500kL of LPG by converting their plant to run on to biomass, allowing them to take control of rising energy costs and… Read more »