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New tool tips solar to supply 50% of global energy demand by 2035

Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modelling tool that also predicts solar costs will continue falling by 10% a year.

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Costs climb for NSW-SA grid interconnector

Transgrid has confirmed the cost of the New South Wales section of Project EnergyConnect has climbed to $3.6 billion, well above the $1.82 billion price tag that was originally approved.

Rooftop solar install rates end year on high

Australia’s rooftop solar market finished 2024 on a high with about 309 MW of monthly installations delivering one of the best December totals of recent years and putting the national trend back on the up.

ZEN Energy, HDRE joint venture targets 1.4 GW of solar and storage

The scope of Zen Energy’s fledgling collaboration with Taiwan’s HD Renewable Energy has expanded with the two parties launching a joint venture that is targeting the development of 400 MW of solar and 1 GW of energy storage capacity in Australia.

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AVL wins EPA approval for vanadium project

Australian Vanadium Limited’s plan to establish a major vanadium mine in Western Australia’s mid-west have firmed up with its proposal receiving the tick of approval from the state’s Environmental Protection Authority.

Marinus Link lodges DA as project costs continue to climb

Plans to build a new electricity transmission link between Tasmania and mainland Australia have progressed with Marinus Link Pty Ltd lodging a development application for a converter station to be built in Tasmania’s northwest.

Fastest energy change in history continues

Solar and wind are being installed at a rate that is three times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.

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Victorian regulator to slash rooftop solar feed-in tariffs

Owners of rooftop solar arrays in Victoria could soon get almost nothing for exporting their excess power into the grid with the Essential Services Commission releasing a draft decision that would slash payments in response to the rapid uptake of the technology.

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Western Power taps Genus to lead Clean Energy transmission project

Energy infrastructure provider GenusPlus Group has landed a $270 million contract to deliver a “critical” upgrade of Western Australia’s main electricity network as part of the state government’s plan to unlock existing renewable generation capacity, and allow the addition of new renewables to facilitate the retirement of coal-fired generation.

Acen seeks green light for Cooma solar and battery project

Renewable energy developer Acen Australia is seeking federal government approval for a 100 MW solar facility and an 180 MW battery energy storage system to be built near Cooma in the New South Wales Snowy Mountains region.

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