Everything you ever wanted to know about the way we will ultimately derive all our power from renewable sources, and how quickly it will be achieved. Renewable energy sources accounted for 24 per cent of electricity produced in Australia in 2021, but that figure is set to rise sharply in the future. Renewable energy is […]
Renewables Could Meet 100% Demand in Australia At Certain Times of Day By 2025, Report Says – EQ Mag Pro
Energy market operator notes penetration of renewable generation reached record high of 57% twice in 2021. Renewables will meet 100% of consumer demand for electricity at certain times of the day by 2025 if large-scale wind and solar development continues at current rates, the Australian Energy Market Operator has said. Aemo’s annual grid reliability snapshot, […]
Victoria State Launches 600-MW Renewables Tender – EQ Mag Pro
The Victorian government on Tuesday launched the second Victorian Renewable Energy Target (VRET) auction that will back at least 600 MW of new renewable energy capacity in the state. The auction will help the government achieve its objective of 100% renewable electricity for government operations by 2025. The projects supported will ensure renewable power supply […]
Floating Solar Makes Perfect Fit For Asia Renewables Push – EQ Mag Pro
Projects can be brought to market faster as land acquisition issues avoided Asia is well-positioned to lead the way to develop floating solar as an asset class. In Southeast Asia, for instance, there is a lot of hydropower potential, and floating solar is a logical extension of that potential in the region. This is exemplified […]
Middle East stalls conventional power contracts in favour of renewables
Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversification agenda gathers pace. This is according to GlobalData MEED’s latest report, Middle East Energy Transition, which states there were no contract awards for oil-powered or gas-fuelled power stations in the Middle […]
Middle East Stalls Conventional Power Contracts in Favour of Renewables
Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversification agenda gathers pace. This is according to GlobalData MEED’s latest report, Middle East Energy Transition, which states there were no contract awards for oil-powered or gas-fuelled power stations in the Middle […]
Indonesia’s First Floating Solar Power Plant Achieves Financial Close
Project to provide electricity to power 50,000 homes. Indonesia’s first utility-scale floating solar power plant has reached financial close as the country pursued its goal of achieving a 23% renewable energy mix by 2025. The 145-megawatt Cirata floating photovoltaic (PV) power plant is being developed by PT Pembangkitan Jawa Bali Masdar Solar Energi, a joint […]
China Tightens Scrutiny to Meet Ambitious Targets For Renewables
China’s largest power firms and provincial authorities will need to submit monthly reports on their renewables projects to the central government as Beijing steps up efforts to meet ambitious clean-energy targets. The National Energy Administration issued a statement Thursday requiring the country’s energy giants and local governments to send updates on wind, solar and other […]
IHS Markit: Ability of Natural Gas Infrastructure to be Converted to Carry Low-Carbon Fuels Will Enable Gas to Become a “Second Pillar” of Decarbonization Alongside Renewables
IHS Markit: Ability of Natural Gas Infrastructure to be Converted to Carry Low-Carbon Fuels Will Enable Gas to Become a “Second Pillar” of Decarbonization Alongside Renewables. Carbon reduction benefits of switching to natural gas in the near-term could support deeper decarbonization over the longer-term, acting as a “pre-build” of infrastructure needed to support emissions goals, […]
TransAlta Renewables Announces Agreement to Build a Hybrid Solar – Battery Project For BHP Nickel West in Western Australia
Alberta : TransAlta Renewables announced that Southern Cross Energy (“TransAlta Australia”), a subsidiary of TransAlta Corporation and an entity in which the Company owns an indirect economic interest, has agreed to provide renewable solar electricity supported with a battery energy storage system (“BESS”) to the Goldfields-based operations of BHP Nickel West Pty Ltd (“BHP”) through […]