New energy market rules rollout customer benefits and flexible control over usage
The Australian Energy Market Commmission has released new rules giving consumers more value from and control over their energy use while retailers get more options to bill individual consumer energy resources, such as electric vehicles.
Net Zero power shift hinges on consumer and distribution energy resources: report
A rapid uptake of consumer and distribution energy resources in Australia sets the stage for their role in the transition but if legacy operating systems don’t keep up the pace they risk falling short of delivering their potential, a new report finds.
Tongwei to acquire Runergy
Chinese solar module maker Tongwei has presented a CNY 5 billion ($1.06 billion) offer to acquire rival manufacturer Runergy. If successful, the transaction will be the largest merger and acquisition deal in the PV sector this year.
AGL accelerates clean energy shift with 8.1 GW acquisition
Energy giant AGL has stepped up its transition away from coal and gas, adding a development pipeline of more than 8 GW of large-scale solar and battery energy storage projects to its portfolio with the acquisition of two Australian renewable energy developers.
26 GW green hydrogen hub among trio awarded major project status
A proposal to build a renewable energy hydrogen project including 26 GW of solar and wind capacity in Western Australia’s Pilbara region is to benefit from a streamlined approvals process after it was awarded major project status by the federal government.
Victorian rooftop solar uptake exceeds five million panels and 2 GW of power
Uptake of Victorian rooftop solar rebates sees five million individual solar panels installed across the state, doubling the output of the brown coal Yallourn power station to generate 2 GW of power to date.
New solar project gives momentum to South Australia’s 2027 renewables target
A proposed 300 MW solar farm northeast of Adelaide is on public exhibition with the South Australian planning authority and will complete the approved Robertstown solar and battery storage project, playing its role in the state’s 100% renewables by 2027 target.
Rooftop solar reaches 81% high as demand hits record low
Power production from rooftop solar continues to reach new milestones, meeting more than 80% of South Australia’s electricity demand at the weekend – the highest yet share in winter.
The Pilbara urgently needs common use transmission infrastructure: report
Urgently decarbonising and electrifying Australia’s iron ore industry in the Western Australia Pilbara region with common-user transmission infrastructure, is highly recommended by a new Climate Energy Finance report.
Indonesia relaxes local content rules for solar projects
Indonesia has moved to ease local content requirements for electricity infrastructure projects, including solar power plants, in a bid to attract more foreign capital and drive the development of renewable energy projects.
