Renewable energy projects predicted to drive $20 billion construction boom
Spending on building renewable energy infrastructure is forecast to peak at $20 billion in 2026, stimulated by the Australian government’s target of 82% electricity from renewables by 2030, but caution remains over workforce capability.
Stationary energy storage key priority in new national battery strategy
The Australian government has announced its new multi-billion-dollar National Battery Strategy aiming to boost the country’s domestic battery manufacturing capabilities and critical minerals processing capacity.
CSIRO analysis reveals large-scale solar still cheapest electricity technology
The CSIRO GenCost report shows renewables remain the cheapest new build electricity technology in Australia, with utility-scale solar emerging as the golden child, despite inflationary pressures, supply chain constraints and costs associated with additional storage and transmission.
Ausgrid backs community battery to boost network stability
New South Wales distributed network provider Ausgrid has powered up its third battery energy storage system under the federal government’s $200 million Community Batteries for Household Solar program.
Rooftop PV market faces profit squeeze as sales slow
Rooftop PV is the fourth largest source of electricity generation in Australia, providing about 11% of the country’s power supply, but solar industry analyst SunWiz has cautioned the market to brace for a challenging period.
Leapton Energy launches 20.48 kWh residential battery
Japan’s Leapton Energy has developed a 20.48 kWh residential battery energy storage system featuring storage capacities starting at 5.12 kWh, utilising lithium iron phosphate technology.
South Australian teams with California on clean energy ambitions
The South Australian and California state governments have signed an historic agreement that will see them work together on advancing the clean energy transition and the integration of renewable energies, including green hydrogen, into their respective grids.
New rules rolled out for Victoria’s solar industry
All new solar systems and home batteries installed under Victoria’s solar and battery rebate schemes will need to be fitted with an active internet connection to support emergency backup and flexible exports under new rules to come into play later this year.
Weekend read: From Mumbai to Bondi
Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
Redback Technologies exits voluntary administration
Australian battery and inverter manufacturer Redback Technologies has exited voluntary administration and is now under the control of new owners Australia Ebon Group.
