China’s cumulative installed solar capacity hit 886.66 GW at the end of 2024, with 277.17 GW of new annual installations, up 45.48% year on year. The deployment surge exceeded forecasts, setting a new historical record for PV installations.
New South Wales network operator Ausgrid has added another community battery to its portfolio, powering up a 200 kW energy storage system in the Sydney suburb of Cammeray.
GoodWe says its ES Uniq Series hybrid inverters suit on-grid and off-grid applications, offering a maximum efficiency of 97.6% and a European efficiency of 96.2%.
The Clean Energy Finance Corporation has invested $100 million in the property development strategy of France-headquartered investment firm AXA IM Alts, which aims to embed sustainability into their Australian builds.
The Chinese inverter manufacturer said its new inverters have an MPPT current of up to 54 A and support more than a 150% DC/AC ratio. The new products also feature a maximum efficiency of 98.8% and a European efficiency rate of 98.3%.
Australia’s rooftop solar market finished 2024 on a high with about 309 MW of monthly installations delivering one of the best December totals of recent years and putting the national trend back on the up.
Solar and wind are being installed at a rate that is three times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.
Owners of rooftop solar arrays in Victoria could soon get almost nothing for exporting their excess power into the grid with the Essential Services Commission releasing a draft decision that would slash payments in response to the rapid uptake of the technology.
The Australian Energy Market Commission has released a final determination to allow virtual power plants to compete directly with large-scale generators in the energy market, scheduled to begin in 2027.
The government of Western Australia has announced seven successful project bids in round three of its clean energy future fund scheme, including two First Nations renewable energy projects that will share $5.5 million from a $16 million pool.
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