Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Australia awards renewable and energy storage capacities in latest auction
    Commodities

    Australia awards renewable and energy storage capacities in latest auction

    October 10, 20253 Mins Read


    The Australian national government has released the results of Tender 4 under the Capacity Investment Scheme, a scheme that supports domestic clean energy projects to help the country meet its 82% renewable energy target.

    In the latest round, the government awarded contracts to 20 projects with a combined capacity of 6.6GW, exceeding the original 6GW target.

    Of these 20 projects, 12 are hybrid schemes that combine battery storage with wind or solar generation, contributing more than 3,500MW of capacity.

    Several successful bids include commitments to local content and community measures, with multiple projects proposing the use of Australian steel and one project indicating 100% local steel input.

    Three projects include revenue‑sharing arrangements with indigenous First Nations communities, and other projects have pledged subcontracting, training, and workforce development with First Nations groups.

    Ten projects have proposed community energy rebate schemes. One project plans to install rooftop solar on homes and a school while another will install a public electric vehicle charger.

    The selected projects are spread across multiple states in the country. In New South Wales, the awards comprise Bendemeer Energy Hub, Dinawan Wind Farm Stage 1, Liverpool Range Wind Stage 1, Merino Solar Farm, Middlebrook Solar Farm, and Tallawang Solar Hybrid.

    In Victoria, the successful projects are Corop Solar Farm and BESS, Derby Solar Project, Hexham Wind Farm, and Nowingi Solar Power Station.

    In South Australia, the awards include Bundey BESS and Solar, Carmody’s Hill Wind Farm, and Willogoleche 2 Wind Farm, with the remaining projects located across Tasmania and Queensland.

    The announcement follows the opening of two Western Australian tenders – Tender 5 (WEM Generation) and Tender 6 (WEM Dispatchable) – for which bids close on 7 November 2025.

    Tender 7 (NEM Generation) is due to open later this month and Tender 8 (NEM Dispatchable Capacity) is expected to open in November 2025. Further tenders are planned for 2026.

    In a move to transition to net zero, the federal government has set a national emissions reduction target of 62-70% below 2005 levels by 2035.

    “Australia awards renewable and energy storage capacities in latest auction” was originally created and published by Energy Monitor, a GlobalData owned brand.

     


    The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    India Energy Week 2026 Day 2 | GAIL on Hydrogen, Gas Infrastructure & AI-Driven Energy Future

    Commodities

    AI vs. AI: Using intelligence to solve the energy strain of data centers

    Commodities

    Energy bills forecast to fall – why winter is still costing households more

    Commodities

    Little-known boiler tweak can save on energy bills and keep your home warm

    Commodities

    The Dirty Energy Secret On Your Plate

    Commodities

    Crypto struggles to shake off October blues while commodities steal the show

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Conner attends KY Farm Bureau’s Institute for Future Agricultural Leaders

    Commodities

    Octopus Energy says ‘save £65 a year’ on energy by adjusting one boiler setting

    Cryptocurrency

    HAYVN CEO on Their Role in the Future of Crypto Payments

    Editors Picks

    Hawaiʻi Gas files utility rate adjustment with PUC for all islands : Maui Now

    July 29, 2024

    Blockchain drives tokenized property ownership — Here’s how

    March 17, 2025

    Making Move To Study Agricultural Science

    March 16, 2025

    Sky Ranch Community Authority Board engages underwriter to refinance 2019 Bonds and Sky Ranch Metropolitan District No. 1, CO, Receives Investment Grade Rating ‘BBB’ Rating on Series 2024A Limited-Tax Bonds

    October 10, 2024
    What's Hot

    United Utilities urge public not to flush period products

    September 16, 2025

    Tokinvest partners with API Global to unlock tokenised real estate for a new generation of investors

    November 3, 2025

    Should Investors Give Intel Stock Another Look After Its AI Strategy Reset?

    December 7, 2025
    Our Picks

    Investment platforms and building societies clash over new Isa rules

    January 22, 2026

    What’s Next for Precious Metals?

    September 14, 2025

    A Game-Changer for London’s Fintech Scene

    October 18, 2024
    Weekly Top

    Gold near $5,600 an ounce, silver close to $120: Factors driving the latest rally

    January 28, 2026

    Fintech PicPay owned by Batista beef barons valued at $2.5bn in New York IPO

    January 28, 2026

    3 Retirement Investments That Could Beat Inflation

    January 28, 2026
    Editor's Pick

    Man arrested following death at property in Ayrshire as forensics scour scene

    September 23, 2025

    L’introduction en bourse de Chime bondit de 59% pour ses débuts au NASDAQ

    June 12, 2025

    Total investment in real estate at $3.5 billion in 2025: Report

    December 28, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.