While there’s certainly a strong basis on which to hold high hopes for the weeks and months of 2022 to come, it’s also of course a reality that there are a number of challenges stakeholders in the sector will need to deal with this year in order to make 2022 a winning one across the board. So let’s unpack now 3 key factors which are set to play a major role in shaping 2022.
The second round of Western Australia’s clean energy funding program is now open for schools to apply for solar panel installations. Through the Western Australian Government’s $44.6 million Schools Clean Energy Technology Fund, solar panels and virtual power plants are being installed at public schools across the state over four years.
BP is reportedly close to taking a 30 per cent equity stake in the Asian Renewable Energy Hub (AREH), a massive project that could see 16 gigawatts of onshore wind and 10 gigawatts of solar used to produce vast amounts of green hydrogen and ammonia. The AREH, which encompasses 6,500 square kilometres of land in the East Pilbara region of Western Australia, aims to position Australia as a major clean energy exporter.
Energy Renaissance is forging ahead with plans to manufacture Australian-made lithium-ion batteries, today announcing a trifecta of new supply agreements with Australian businesses to provide key components that will be used to build the company’s superStorage series of renewable energy storage systems.
Spanish renewable energy firm Acciona Energía has begun construction works on the MacIntyre complex, a 1,026MW wind farm facility located in Queensland, Australia. The A$2bn ($1.4bn) wind complex comprises two wind farms, MacIntyre and Karara. Once completed, MacIntyre will be Acciona Energía’s largest wind farm in the world and will increase the company’s renewable production capacity in Australia.