Archive

30 October 2026

50 articles collected

Daily Snapshot 3 min read

Snowy Hydro's pumped hydro development has hit a revised cost estimate of $22.2 billion. Engie and its partners started building the 300 MWh Hazelwood 2 battery in Victoria. Fortescue signed its inaugural external power purchase agreement for the Pilbara Green Grid.

AU 8 |Global 10 | Storage 10|Grid 3|Solar 3
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Today's Signal

LNP hits brakes on pumped hydro project, spooked by Snowy 2.0 cost blowout

RenewEconomy AU Policy ·

Queensland's Treasurer and Energy Minister have reportedly suspended contracting for the 2,000 MW Borumba pumped hydro project. The LNP's decision to halt the multi-billion dollar development follows concerns regarding significant cost overruns observed in the Snowy 2.0 scheme.

Fortescue signs first power offtake deal for Green Grid

Energy Source & Distribution AU Grid ·

Fortescue has secured its first external power purchase agreement for the Pilbara Green Grid, contracting to supply renewable electricity to PLS Group. The deal marks the initial commercial offtake from one of the globe's largest isolated green energy networks.

Snowy 2.0 projections run short on reality

Energy Source & Distribution AU Grid ·

Snowy Hydro's 2.2 GW pumped hydro project in New South Wales faces significant fiscal scrutiny as current cost projections reach approximately $22.2 billion. This represents a substantial increase from the initial $2 billion estimate cited during the project's inception.

How risk appetite, contracts and portfolios shape battery trading in the NEM

WattClarity AU Storage ·

OptiGrid's Henry Swisher highlights that National Electricity Market battery trading strategies must be dynamic, as optimal dispatch is dictated by specific risk tolerances, contractual obligations, and broader portfolio requirements rather than a fixed approach.

Energy leaders say capital is outpacing investable projects

Energy Source & Distribution AU Grid ·

A survey of Australian energy executives found 80% identify policy and regulatory uncertainty as a primary obstacle to project investment readiness. Despite available capital, 49% of respondents indicate that a lack of viable, investable projects is currently hindering the energy transition.

Introducing the Power Cube compact system

EcoGeneration AU Power ·

Fox ESS has launched the Power Cube, an integrated residential energy storage system designed for compact home applications. The all-in-one unit combines battery storage and power conversion technology to target the small-scale domestic market.

Beyond the OCE

Spain solar PPA prices fall to €30.93/MWh as BESS gains ground

PV Magazine GLOBAL Storage ·

Spanish standalone solar PPA prices dropped 7.7% year-on-year to €30.93/MWh in Q3 2024, while hybrid solar-and-storage contracts averaged €48/MWh. Increasing curtailment and development costs are driving developer interest toward integrated battery solutions to manage price volatility.

Portugal makes grid-forming mandatory for large-scale BESS and launches 1GW tender

Energy-Storage.News GLOBAL Storage ·

Portugal has mandated grid-forming capabilities for all large-scale battery energy storage systems and initiated a 1GW tender process. Simultaneously, independent power producer Sonnedix has reached commercial operation for two solar-plus-storage facilities as the national government seeks to enhance grid reliability through BESS deployment.

US nuclear restarts: who is paying, and is it worth the risk?

Power Technology GLOBAL Power ·

Rising electricity demand from data centers is driving the reactivation of decommissioned US nuclear facilities. While tech firms seek reliable baseload power, the reliance on Department of Energy loans for these restarts has raised concerns regarding potential financial risks to public taxpayers.

On the Wire

Researchers develop molecular locking strategy for organic solar cells

PV Magazine GLOBAL Solar ·

Researchers have achieved a 20.4% power conversion efficiency in small-area organic solar cells and a record 18.8% active-area efficiency in larger modules using a new molecular locking strategy. The technique enhances the stability and performance of organic photovoltaic materials for potential commercial scaling.

Battery system and software tech debut at All Energy

EcoGeneration AU Storage ·

FranklinWH Energy Optimiser | Image Credit: FranklinWH Article supplied by FranklinWH FranklinWH will show its hybrid system for the Australian and New Zealand market, plus two software …

Italy connects with Australia’s renewables future

EcoGeneration AU Policy ·

Alessandro Lamura, Italian Trade Commissioner and Director at the Italian Trade Agency (Sydney office) | Image Credit: Italian Trade Agency All Energy Australia 2026 Exhibitor Italian Trade Agency will be at STAND S123 Italy’s manufacturing expertise…

Botswana kicks off floating solar tender

PV Magazine GLOBAL Solar ·

A tender is open in Botswana for the development of floating PV systems on dams belonging to the country’s Water Utilities Corporation. The deadline for applications is November 19.

Government backs Indian floating solar

PV Magazine GLOBAL Solar ·

New policy support sees India’s federal government attempt to accelerate floating solar deployment, but can it be done, and in a country with ample ground-mounted potential, is it worth the effort?

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