Australian think tank Climate Energy Finance (CEF) says global energy markets are being reshaped by solar’s disruption, which is happening at speed, turbocharged by battery energy storage system firming.
The City of Sydney Basketball Association has a new donor-enabled 39.78 kW solar and 25.6 kWh battery system, funded via an interest-free loan from the national climate action charity CORENA.
IKEA Australia has partnered with Smart Commercial Solar to install a $2.9 million, 2,034 kW rooftop solar and battery energy storage system on a western Sydney distribution centre.
The Clean Energy Regulator’s quarterly carbon market report finds rooftop solar capacity in 2024 is likely to have been about 3.2 GW and could set an Australian record.
Melbourne-headquartered infrastructure developer Equis Australia has reached financial close and commenced construction on the 250 MW / 500 MWh Calala battery energy storage system, and an offtake agreement with Smartest Energy.
A new paper from renewable energy technology company 3E lays out strategies to manage battery degradation, saying inaccurate state of health measurements of battery energy storage systems can negatively impact their safety, impede accurate asset evaluation and result in financial losses.
The March 2025 Solar Choice Price Index shows solar panel prices per watt nationwide, except in Tasmania, continue to follow a trend since December 2020 of remaining below the $1 mark, and currently sit at $0.90 per watt.
Four new big battery projects in Western Australia have been named in the state’s first Capacity Investment Scheme tender, and combined equate to 654 MW and 2,595 MWh capacity, which is enough to supply the peak electricity load for over 600,000 homes for four hours.
New South Wales distribution network operator Endeavour Energy will install four community batteries on council land in the Wollongong region, with a further 13 suitable sites identified across the Illawarra.
Pacific Green has reached financial close and completed the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables in a $460 million deal.
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