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

Posted on June 19, 2018. Australasian News.

Source: 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: 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 »

Lightsource BP to offer residential solar PPAs in Australia

Posted on June 14, 2018. Australasian News.

Source: UK-based solar and smart energy solutions firm Lightsource BP is preparing to offer residential customers in Australia an option to go solar at no upfront cost under the power purchase agreement (PPA) model. A local unit of the company, Lightsource Labs Australia Pty Ltd (LS Labs), has requested an individual exemption from the requirement… Read more »

Tesla begins delivery of Powerpacks for new energy project in Australia

Posted on June 14, 2018. Australasian News.

Source: According to recent reports, US electric vehicle maker Tesla Motors has started delivering Powerpacks for a new energy project in Australia. The announcement that Tesla has commenced the delivery of Powerpacks for the new energy project was made recently by Australian Minister Lily D’Ambrosio, the Minister for Energy, Environment & Climate Change. The new… Read more »

ABB to provide microgrid with 30-MW battery in S Australia

Posted on June 12, 2018. Australasian News.

Source: Swiss-based power and automation group ABB (VTX:ABBN) today said it will deliver a microgrid in South Australia that will include a 30-MW ABB Ability PowerStore battery energy storage system. The microgrid will be supplied to the Energy Storage for Commercial Renewable Integration (ESCRI) project and will improve security of supply in the area, which… Read more »

GE, GPG secure wind-turbine contract for Australia’s Crookwell 2 Wind Farm

Posted on June 12, 2018. Australasian News.

Source: GE Renewable Energy announced an agreement with Global Power Generation Australia (GPG) to supply and install 28 3.4-MW wind turbines at one of Australia’s largest renewable developments, the 91-MW Crookwell 2 Wind Farm near Goulburn. Once operational, the wind farm will produce an excess of 300,000 MWh during the average year. Due to be completed… Read more »

ClearVue’s solar glass to be used in building eco homes in Australia

Posted on June 08, 2018. Australasian News.

Source: Perth-based ClearVue Technologies Ltd (ASX:CPV) has teamed up with sustainable builder Mirreco Holdings Pty Ltd to supply its solar glass technology and jointly develop carbon-negative residential and commercial housing solutions. The two companies have signed a memorandum of understanding (MoU) calling for Western Australia-based Mirreco to exclusively use ClearVue’s solar window technology in the… Read more »

Massive wind blades arrive for Kennedy Park

Posted on June 08, 2018. Australasian News.

Source: Massive 70 metre wind turbine blades, bound for the Kennedy Energy Park in Hughenden, were imported through Townsville port this week. The shipment of 36 blades and 3,500 tonnes of cargo from China will form part of the world’s first hybrid large-scale power plant. The $160 million project combines twelve 200-metre-high wind turbines, 55,000… Read more »

Solar and battery underway in Australia’s “largest” renewables microgrid

Posted on June 06, 2018. Australasian News.

Source: The plans of Western Australia regional utility Horizon Power to develop what it claims will be Australia’s largest hybrid renewables microgrid are edging closer to completion, after the awarding of the utility-scale solar and battery storage contracts. The project aims to see the coastal Pilbara town of Onslow – a launching base for… Read more »