Almost four million small and medium-size businesses are set to share in more than $300 million (USD 199 million) in tax cuts with the federal government announcing a new initiative for Australian businesses that invest in electrification and more sustainable and efficient energy systems, including solar and battery energy storage.

Swiss solar module maker Meyer Burger plans to grab a share of the booming Australian PV market, announcing it will start selling a series of high-performance solar panels that the company says deliver higher energy yields when compared to conventional technologies.

GoodWe will target low load-bearing and commercial rooftops with a new frameless solar panel that the manufacturer says is 60% lighter than conventional modules to be launched in the Australian market.

Today marks a historic moment in Australia’s energy transition with AGL Energy completing the shutdown of its coal-fired Liddell power station in New South Wales with the last operating turbine having been switched off for the final time.

Record solar generation from both large-scale and rooftop PV is driving down the wholesale cost of energy, helping set new records for minimum demand for electricity from the grid and reducing emissions to record lows according to new data provided by the Australian Energy Market Operator.

The Victorian government has launched a market search for what is to be the first large-scale renewable energy project to be developed under the resurrected State Electricity Commission that will invest an initial $1 billion towards delivering 4.5 GW of renewable energy capacity.

The New South Wales government has tapped the ACE Energy consortium as the “first ranked proponent” to fill the network operator role for Australia’s first coordinated renewable energy zone that will host at least 3 GW of solar, wind and storage capacity.

Australians will be able to charge their electric vehicles in more rural and regional locations with the federal government announcing it will partner with motoring group NRMA to build a ‘backbone’ nation-wide network of fast-charging sites on major highways across the country by 2025.

The Australian government’s green bank has identified small- to medium-sized renewable energy generation projects as a key focus, tripling its existing mandate with specialist fund manager Infradebt in a move designed to drive investment in the space which it said has traditionally suffered from a funding “gap”.

Solar and battery retailers in Victoria will have to abide by a new consumer protection standards after the state government announced it will mandate a new stronger code that builds on the previous guidelines and expands them to include new energy technology including electric vehicle chargers.