News

Fotowatio Renewable Ventures Australia (FRV) has found the money to start building its biggest battery yet, the Gnarwarre project in Victoria, a project that has been the company’s portfolio since 2021, and was first promised government backing in 2022. 

Public support for offshore wind power in California remains high, with 75% of adults in favour of projects off the state’s coast, according to the latest survey by the Public Policy Institute of California.

Government statistics have confirmed that renewable sources accounted for more than half of the UK’s electricity generation in 2024, a new record.

The first floating wind turbine has been installed at the site of the Éoliennes Flottantes du Golfe du Lion (EFGL) project in France, developed by Ocean Winds in partnership with Banque des Territoires.

TOKYO :Nippon Steel signed a cooperation memorandum with Denmark’s wind turbine maker Vestas Wind Systems on Wednesday to supply steel for Vestas’ wind towers for European, Asian and Japanese markets, Japan’s industry ministry said.

It had all the makings of a great week for the renewables energy industry – a huge boost to the government’s flagship policy mechanism, confirmation that wind, solar and storage are Australia’s lowest cost option to replace its ageing coal generators, news of a growing pipeline of projects and some landmark battery deals.

Australian households have installed close to 20,000 battery systems in the first month of the Cheaper Home Batteries rebate, more than one quarter of the total amount of systems installed for all of 2024.

SINGAPORE – It is no longer feasible or practical for Singapore to avoid working towards a net-zero future, said Dr Tan See Leng, Singapore’s Minister-in-charge of Energy and Science & Technology.

The head of BP Australia, the local offshoot of the global fossil fuel giant, has defended the decision to quit the giant 26 gigawatt (GW) renewable energy project in the Pilbara, saying its customers were not moving quick enough to justify its continued interest.

Octopus Australia has formed a $1bn partnership with Dutch pension fund investor APG Asset Management.