Solar power costs continued to fall in 2021, despite rising panel prices
The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.
Epuron pulls plug on Western Australia solar farm
Renewable energy developer Epuron Holdings has abandoned plans to construct a 5 MW solar farm on a former landfill site in Western Australia after failing to secure a commercial agreement with an electricity retailer to purchase the power to be generated on the site.
Vietnamese government fears legal action from solar investors
The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.
Construction begins on South Korea’s largest PV project
South Korean utility Kepco is building a 200 MW solar park on a former salt farm. It said the project will be operational by June 2023.
Mytilineos achieves construction milestones on Australian solar farms
Greece-based industrial conglomerate Mytilineos continues to notch up renewable energy milestones in the Australian market with construction commencing on the 75 MW Wyalong Solar Farm in the New South Wales Riverina region.
Singapore regulator issues fresh appeal for clean power
Singapore’s Energy Market Authority has already attracted proposals for 1.2 GW of renewable electricity, to be generated in four southeast Asian nations, and wants to raise that figure to 4 GW by 2035.
Squadron begins work on $3 billion Queensland wind and solar hub
Australian resources company Squadron Energy has commenced construction on a 1.2 GW hybrid wind, solar and battery energy storage project in Central Queensland that is expected to deliver crucial capacity into the grid as Australia transitions to a renewable energy future.
1.5 GW green hydrogen project in India from Acme
Indian developer Acme will set up a green hydrogen and ammonia project in Tamil Nadu with 1.5 GW of electrolysis capacity and 1.1 million tons of ammonia synthesis, powered by a 5 GW solar plant.
‘We won’t sell solar in the South West’: changes in WA force installers into impossible position
Solar installers operating in Western Australia’s South West claim recent changes made by the sole network operator, Western Power, are forcing them into a no-win situation of either operating ‘unethically’ or haemorrhaging customers. And for regional customers, the changes mean installing a renewable system will likely see their household unable run basic household appliances without constantly tripping the power.
Queensland takes out 14 of the top 15 performing solar assets in June
Winter has proven no feat for the sunshine state, which is home to basically all of Australia’s best performing PV assets, senior Rystad analyst David Dixon finds.
