Wood Mackenzie forecasts 77 GW of floating solar by 2033
Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.
Climate Council keeps tabs on clean energy momentum with new data website
Community-funded climate change communications organisation the Climate Council, has launched a website monitoring the progress and adoption of renewables like rooftop solar, batteries, and cleaner transport choices.
Victoria partners with OX2 on 242 GWh per annum renewable energy park
The Victorian state electricity commission (SEC) has announced a $370 million investment in a proposed renewable energy park, in partnership with Swedish renewables developer OX2, and will be the first 100% government-owned generator in the state, since 1994.
3.4 TW of solar and wind can support $700 billion clean energy exports opportunity
Victoria-headquartered not-for-profit think tank, the Superpower Institute, has found Australia’s total potential revenue from clean energy exports is about $700 billion at today’s levels of industry output – or $1 trillion at forecast 2060 levels of output.
Call for federal battery storage rebate scheme targets a million installs by 2030
A national battery rebate scheme, with a target of a million household and business installations by 2030, has been proposed to the Australian government on the back of a community-based Solar Citizens petition.
Fluence to optimise Akaysha Energy’s battery assets
Battery storage developer Akaysha Energy is looking to automate wholesale market participation for a large portion of its Australian battery energy storage fleet using Fluence’s AI-powered bidding software Mosaic.
Edify lands federal approval for Victorian solar and storage project
Renewables developer Edify Energy has secured federal government approval for a 250 MW solar farm and 200 MW / 800 MWh big battery planned for central Victoria.
Horizon powers up vanadium battery tech trial in Kununurra
Western Australia’s state-owned regional energy provider Horizon Power has officially launched the trial of a vanadium flow battery in the state’s north as it investigates how to integrate long-duration energy storage into its network, microgrids, and other off-grid power systems.
China export tax rebate cut tipped to send PV prices up
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
Farmers and regional communities forecast to reap billions from clean energy shift
Payments to farmers and landholders hosting large-scale renewable energy projects across Australia’s main electricity grid are expected to top $1 billion by 2030 and could reach up to almost $10 billion by 2050.
