Australian electricity gen-tailer EnergyAustralia is exploring the benefits of microgrid technology, teaming with property developer Villawood Properties to establish a solar PV-powered microgrid community in Melbourne’s north that could see residents reduce their power bills by more than 50%.

Researchers at The Australian National University claim to have set a world record for bifacial solar PV cell efficiency that they say could boost the energy output of solar farms by 30%.

The Australian government’s green bank has reaffirmed its intent to evolve beyond investing in solar and wind, expanding its focus to include green hydrogen, energy storage and transmission projects after finalising a string of investment firsts in the past 12 months.

With large-scale battery developments emerging as an increasingly important component of Australia’s energy mix, India-headquartered multinational Sterling and Wilson Solar has revealed plans to expand its renewable energy offerings to include providing engineering, procurement and construction solutions for energy storage projects.

The tiny Tasmanian town of Derwent Bridge could provide a big boost for the state’s solar PV energy credentials with the small community to play host to a microgrid project that will evaluate how to better meet the energy needs of Australians living in regional and remote areas.

Australia’s largest energy retailer AGL has blamed an “extremely challenging market” prompted in part by the ongoing penetration of renewables, including rooftop solar PV, after reporting a $2.06 billion full-year net loss.

The operators of Australia’s largest solar farm have turned to a software-based bidding solution as they seek to optimise dispatch and manage the facility’s market trading and power purchase commitments amid increasingly market volatility.

Queensland’s transition to a renewable energy future is set to progress with the state government calling for tenders for the proposed 1 GW Borumba Dam pumped hydro energy storage project while work on a nearby 176 MW solar farm has also reached a new milestone.

The CSIRO is pushing the limits of flexible solar PV cells, partnering with Australian start-up Space Machines Company to test the technology in space.

The Australian Energy Market Commission has retained a controversial two-way pricing mechanism in its finalised reforms package which has been designed to better integrate distributed energy resources, such as rooftop solar PV, batteries and electric vehicles into the grid, and transform it into a “two-way super-highway where energy flows in both directions”.