Investment giants advance move into APAC renewables market
Global investment firm Patrizia and Japanese trading and investment giant Mitsui have continued their push into the Asia Pacific renewable energy market, acquiring an interest in Philippines-based rooftop solar developer BEI.
Horizon taps Pacific to power Exmouth with 80% renewables
Remote power supplier Pacific Energy has signed a multi-year agreement with West Australian regional energy provider Horizon Power to supply the popular tourist town of Exmouth with up to 80% renewable energy every year for the next 20 years.
EKO unveils new solar monitoring solution
The latest irradiance sensor solution from Japan-based EKO Instruments provides continuous measurements in the field. Well-suited for bifacial PV systems, it supports the measurement of global horizontal irradiance, diffuse horizontal irradiance and direct normal irradiance, even in reflective and cloudy conditions.
Global average solar LCOE stood at $0.064/kWh in 2023, says IRENA
The weighted average levelised cost of electricity of utility-scale solar PV in Australia was 22% lower than the global average according to a new report published by the International Renewable Energy Agency.
Soltec enters pre-insolvency as Spanish regulator halts trading of shares
Spanish PV company Soltec has entered pre-insolvency proceedings to negotiate with creditors, and Spain’s National Securities Market Commission has suspended trading of its shares until it releases its first-half 2024 financial results.
The shifting sands of PV module supply
Chinese solar manufacturing capacity faces a downturn that is unlikely to translate into growth in other regions, writes S&P’s Edurne Zoco.
120 MW solar farm in far north New Zealand gets green light
New Zealand-headquartered utility Meridian Energy has been granted resource consent to build a 120 MW solar farm in Tai Tokerau Northland, 140 kilometres north of Auckland and is Stage 2 of its Ruakākā Energy Park.
Fortescue targets 2-3 GW of renewables to achieve its Real Zero by 2030 goals
Fortescue’s climate transition plan outlines comprehensive details of how the mining giant is, and will 100% eliminate fossil fuels from their Australian iron ore operations by 2030 using a number of measures, including solar energy. The plan states Fortescue’s belief is that all business should follow their example in committing to a date when they […]
Central-West Orana renewables zone transmission operator’s licence granted
Australia’s first renewable energy zone , the Central-West Orana, 340 kilometres northwest of Sydney, is closer to delivering electricity to the grid following the granting of a New South Wales transmission system operator’s licence to the ACEREZ Partnership.
Array announces 77-degree solar tracker stow for hail and wind protection
Unites States solar tracker company Array Technologies has unveiled a solar mounting system that responds to weather events, protecting solar assets.
