The Victorian Labor government has invited expressions of interest to set up their 20MW battery storage system poised to become the first grid-scale battery storage plant of its kind in Australia.

Senator Ricky Muir and Clive Palmer’s PUP (Palmer United Party) have voiced support for the ARENA (Australian Renewable Energy Agency) following potential budget cuts that would cripple ARENA’s ability to make a significant difference in the solar energy industry.

The Australian Marine Complex in Henderson, Western Australia witnessed the unveiling of a new wave power project helmed by Carnegie Wave Energy. Three CETO units, each with a 240 kilowatt capacity are a joint project between Carnegie Wave Energy and the financial support of ARENA, which contributed to the funding of the project with a staggering $13.

The proposed abolition of the Australian Renewable Energy Agency, or ARENA, will result in the loss of jobs in rural Australia, trigger the rise of offshore jobs initially meant for Australians and slow down the country’s momentum in developing the renewable energy sector, critics of the proposal said.