10 May 2021
The company behind plans to build 2GW of big battery capacity around Australia, including a 1,200MW project in the New South Wales Hunter Valley, has kicked off works on a major commercial project, with the establishment of an embedded solar and storage network at a major NSW shopping centre.
CEP.Energy, a company chaired by former NSW Labor premier Morris Iemma, said on Monday that it had signed up Victoria-based outfit RACV Solar as the EPC partner on a project that will install 2.62MW of solar and 4MW/10MWh of battery storage at the Narellan Town Centre in south-west Sydney.
Small Australian Mining Firms Being Squeezed Out by Climate-Change Activism
Local Australian resource firms say financial institutions driven by climate change are constricting the industry by withholding vital insurance and loan services crucial for new mining projects.
Leading some companies to warn that global mining conglomerates who can go offshore for financial support will become more entrenched as smaller businesses risk closing. This comes as a parliamentary inquiry examines the impact the financial sector is having on Australian exports.
Chair of the Joint Standing Committee on Trade and Investment, George Christensen, said mineral exports generated billions in revenue for the country, and any impact on the industry needed to be scrutinised.
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Death of coal-fired power is inevitable – yet government still has no plan to help its workforce
Yallourn power station – Australia’s oldest, dirtiest coal plant – will close four years ahead of schedule in 2028. Announcing the move this week, operator Energy Australia said it will build a giant energy storage battery on the site to make room for more renewables. This is a powerful statement about where our energy system is heading.
Author Research Principal, Institute for Sustainable Futures, University of Technology Sydney
Yallourn has operated for 47 years burning brown coal. It supplies one-fifth of Victoria’s energy and employs 500 permanent workers and hundreds more contractors. It’s also responsible for 13% of Victoria’s emissions.
The death of Yallourn, coal-fired power is inevitable, yet the government still has no plan to help its workforce themandarin.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themandarin.com.au Daily Mail and Mail on Sunday newspapers.