Australia Aims To Hike Its Power Capacity To 32 GW With New Investment Updated On Thu, Nov 23rd, 2023 by Saurenergy The Australian government recently announced the expansion of its existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP), in conjunction with the states. It is set to expand the capital investment through CIS from the current pilot stage to 9 GW of dispatchable capacity and 23 GW of variable capacity nationally – […] Read more
Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy Updated On Fri, Feb 17th, 2023 by Saurenergy Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […] Read more
Ampyr, Shell Energy Collaborate for 1,000 MWh BESS Updated On Mon, Oct 17th, 2022 by Saurenergy Ampyr Australia Pty Ltd has announced that it has signed an agreement with energy conglomerate Shell Energy Australia to jointly develop a proposed battery energy storage system strategically located in Wellington called ‘the Wellington BESS’ in Central West New South Wales. Ampyr informed that the target capacity of the Wellington BESS is 500 MW/1,000 MWh […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
