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Suspension and updates of Australian Market

On Wednesday 15th June 2022 at 2:01pm AEMO (the Market Operator in Australia) intervened on the entire wholesale market in a first ever seen before event, suspending all trades. Just two days prior, on Monday 13th June 2022, after several peaks of 15.1k AUD/MWh during prior days, the Market had reached the “Cumulative Price Threshold” (a total limit amount in the wholesale for energy sales over a period of time), which in turn triggered the market price to be capped under the “Administrative Pri...

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Vector Renewables, first independent 3rd party asset manager of batteries in Australia

The company has recently closed an agreement for the management of a 127 MW solar PV portfolio, including 30MW of Battery Energy Storage System (BESS). With this new contract, Vector Renewables establishes itself as the first independent 3rd party asset manager involved in the management of batteries in Australia. The year 2018 was an important achievement for Vector Renewables’ international expansion. After providing some specific services in the region, the company opened its office in Sydney...

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Vector Cuatro opens a new office in Sydney

The company continues reinforcing its international strategy by opening an office in Sydney as a new regional hub for its activities in the Pacific. This office joins the delegations that the group has at present outside of Spain, namely in Italy, France, Bulgaria, the United Kingdom, Japan, Mexico, Chile, United Arab Emirates and USA. From the new office located in the financial district of Sydney, the local team will render asset management services, engineering and commissioning services, tec...

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Vector Cuatro opens a new office in Sydney

The company continues reinforcing its international strategy by opening an office in Sydney as a new regional hub for its activities in the Pacific. This office joins the delegations that the group has at present outside of Spain, namely in Italy, France, Bulgaria, the United Kingdom, Japan, Mexico, Chile, United Arab Emirates and USA. From the new office located in the financial district of Sydney, the local team will render asset management services, engineering and commissioning services, tec...

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