New investment in large-scale generation eclipses 2023 total
A new Clean Energy Council report signals a steady recovery in levels of investment in large-scale renewable energy generation and strong ongoing investment in large-scale energy storage.
International players progress plans for massive WA green energy hub
An international consortium planning to build a 50 GW solar-and-wind energy hub in Australia’s southwest has announced it will partner with Korea’s largest electricity utility to advance the development of what would be one of the largest green hydrogen production facilities in the world.
Fiji launches tender for ground-mounted solar
Government-backed Energy Fiji Limited has started accepting bids for the development, operation and maintenance of three ground-mounted solar plants in Fiji with a combined capacity of 21.93 MW.
Woodside halts two large-scale green hydrogen projects
Gas and oil heavyweight Woodside Energy has shelved two green hydrogen projects in Australia and New Zealand with a combined capacity of 2.3 GW, citing inadequate renewable energy generation capacity, revised environmental demands and challenging economics.
Sunshine state’s solar recycling plans power up circular economy
The Queensland government has launched a solar panel recycling scheme with the launch of the first of 15 sites collection sites that are to be established across the state. The program is expected to save 26 tonnes of broken or end-of-life solar panels from landfill annually and will inform the possible rollout of a nationwide scheme.
Solar module installations could hit 592 GW in 2024
BloombergNEF says the global solar industry will install 592 GW of modules this year, up 33% on 2023. The consultancy has also lowered its estimate for 2024 polysilicon production, as manufacturers are temporarily scaling back output.
Solar’s ten-year growth outshines all energy generation sources: new data
The Australian government’s Energy Update 2024 shows solar electricity generation grew 21% in the 2022-23 period and is 11 times higher than a decade ago, jumping 3% in each of the past two years.
Future clean energy investment vital for grid reliability: AEMO report
Rooftop solar system uptake and 1.2 GW of large-scale solar projects brought online in the past 12 months, have boosted grid reliability in the National Electricity Market, demonstrating a trend the Australian Energy Market Operator forecasts will continue but not without ongoing clean energy investments.
New Zealand’s energy security thrown multi-million dollar lifeline
New Zealand Green Investment Finance has provided $71.7 million to finance infrastructure and broader development activities required by Auckland-headquartered utility solar developer Far North Solar Farm.
Aggreko to boost solar and battery microgrid at WA mine site
South African miner Gold Fields has contracted Scottish power company Aggreko to more than double the size of an off-grid hybrid solar and battery microgrid helping to power its Granny Smith mining operation in Western Australia.
