Renewable energy set a new record level in August with 25.6% of electricity supplied across the NEM, according to a new report by a progressive think-tank, The Australia Institute. This volume of new generation is likely to significantly increase competition in the wholesale market, thereby putting downward pressure on prices, the report finds.
German-headquartered project developer juwi Renewable Energy has inked an agreement with the University of Queensland to deliver a solar+storage hybrid power solution at its research station located in the Great Barrier Reef.
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