Jiangyin Kinematics Manufacturing Co., Ltd (KMI (Jiangyin)) and RayGen Resources Pty Ltd (RayGen) have recently formalised a strategic alliance that will include the supply of world-leading, reliable slew drives for RayGen’s Solar Power Plant (‘solar hydro’) technology. The first project under this alliance will be a fully dispatchable renewable energy [...]
Melbourne-based solar plus storage developer RayGen Resources says it has brought in international solar project developer Photon Energy as a minor equity partner, and has plans for a huge 100MW/1,000 MWh solar plus storage project. RayGen recently secured $3 million in funding for a pilot project of what it calls [...]
RayGen Resources has secured A$3 million from the Australian Renewable Energy Agency (ARENA) to conduct a feasibility study for a pilot Concentrated Solar Power plant that uses water as storage medium. Located at Carwarp in north-west Victoria, the facility would deliver 4 MW of solar power generation, including 17 hours [...]
As the world looks to Germany as a shining example of how to shift away from polluting coal power, a Queensland-based nuclear expert says solar thermal power is the way forward for Australia. Paul Wilson, a nuclear engineer with almost five decades' experience, told ABC Radio Brisbane's Steve Austin he [...]
Released in 2010, The Zero Carbon Australia 2020 Stationary Energy Plan (ZCA2020) — a joint collaboration between Beyond Zero Emissions and the University of Melbourne Energy Research Institute — set out to demonstrate that Australia’s economy could be powered by renewable energy within a decade. The first report of its [...]
Port Augusta's failed solar thermal project has been revived by a South Australian company with big plans for the ill-fated Aurora site. Thermal energy storage company 1414 Degrees is set to acquire SolarReserve Australia, which owns the Aurora Solar Energy Project near Port Augusta and two solar sites in New [...]
Modular Concentrated Solar Power developer Vast Solar sees Australia's mining sector as the greatest deployment opportunity before wind and PV growth creates wholesale market openings, Craig Wood, CEO of Vast Solar, told New Energy Update. Concentrated Solar Power with storage can meet mining operators' demand needs. Vast Solar's quest to [...]
For countries such as Japan or South Korea with poor DNI and little space for wind and solar, the value of hydrogen is that it can be made overseas with renewable energy, then stored and shipped, and used to produce electricity, heat, or propulsion. This way, regardless of local solar [...]
Australian concentrated solar power (CSP) company Vast Solar has finalised a capital hike to progress development of its 30-MW solar thermal power reference plant. Vast Solar did not disclose how much it raised through the capital increase but mentioned that it gained further support from existing investors. In February, it [...]
Australia still has a promising solar thermal technology future despite a major Concentrated Solar Power (CSP) project in South Australia failing because of financing issues. Energy expert Simon Currie says the emerging CSP industry can overcome the collapse of SolarReserve’s $650 million Aurora project near Port Augusta. Solar thermal technology [...]
SolarReserve has failed to secure in time funds for its 150-MW Aurora concentrated solar power (CSP) plant project in South Australia so it plans to sell it to a third party. The announcement was made by the South Australian government on Friday as a confirmation that the project will [...]
Australian CSP developer Vast Solar is seeking A$75 million ($53.1 million) of financing for a A$240 million hybrid CSP-PV plant in New South Wales, according to reports. Vast Solar is planning to build a 50 MW plant consisting of 30 MW of modular CSP tower capacity with 10 hours [...]
Australian concentrated solar power (CSP) specialist Vast Solar plans to develop a hybrid project that comprises a 30 MW CSP facility with 10 hours of storage and a 20 MW PV plant, and to make this happen it needs to secure $75 million. The company said it was already [...]
