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Intellihub receives AU$50m loan for smart meter tech in Australia

Smart Energy International

Australia’s Clean Energy Finance Corporation (CEFC) has made an AU$50 million (US$34 million) loan commitment to Intellihub for smart meters and smart behind the meter devices. Smart meters and behind the meter devices are also important for the better management of our energy grid. Have you read?

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Western Australia contracts 2.8GWh battery storage

Smart Energy International

million) in contracts to deliver the new battery energy storage systems in Kwinana and Collie, together totalling 2.8GWh in storage capacity. Limited (CATL) has been contracted to supply 300 EnerC Plus, containerised liquid-cooling battery systems for Kwinana Battery Stage Two, and about 650 EnerC Plus for Collie.

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Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai Electric Energy Storage Technology.

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Australia largest microgrid is now operational

Smart Energy International

The Western Australian coastal town of Kalbarri can now be powered by a 100% renewable energy-intelligent microgrid. The microgrid, developed by the state distribution company Western Power in partnership with the power company Synergy, is comprised of 1.6MW of wind, up to 1MW of rooftop solar and a 5MW/4.5MWh storage battery.

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Australian network reforms prioritise consumer energy assets

Smart Energy International

The Australian Energy Market Commission (AEMC) has announced a vital reform in network planning to make it easier for households and businesses to utilise their customer energy resources (CER), such as household batteries and EVs, to lower energy bills and feed energy back into the grid.

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First carbon neutral apartment building coming on blockchain

Smart Energy International

The project, under way with Perth-based property developer OP Properties, is a 39 apartment building in Fremantle, Western Australia, in which residents will live low carbon through the use of solar panels and battery storage along with Powerledger’s power trading technology to deliver a 50% offset to the building strata levies.

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Australia’s Endeavour Energy opts for sustainability-linked loan

Smart Energy International

The loan’s pricing conditions are tied to Endeavour Energy achieving a set of agreed sustainability performance targets. The sustainability linked loan, the first to an Australian electricity distribution network provider, is worth Au$920 million (US$684 million) over five years. Endeavour Energy supplies power to over 2.6