A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
JinkoSolar has achieved an historic milestone by becoming the first company to exceed 1GW in distribution shipments in Australia for 2024 on the back of its popular Tiger Neo modules.
A development application has been lodged with a central Queensland council for a four-hour battery energy storage system to be built alongside the 72 MW Emerald Solar Farm with the plant owner acknowledging the growing demand for firmed renewables.
Almost 50 GW of new large-scale solar, wind and battery energy storage projects were progressing through the connections process for Australia’s main grid at the end of 2024, up 36% year-on-year.
Chinese state-owned company Beijing Energy International has reportedly abandoned its bid to acquire a more than 1 GW package of Australian solar farms after failing to secure approval from the Foreign Investment Review Board.
Plans to build a 200 MW solar farm coupled with 200 MW / 400 MWh battery energy storage system northeast of Adelaide have won development approval from the South Australian government.
India has hit 100.33 GW of cumulative installed solar capacity, crossing a critical threshold as it moves toward its 2030 goal of 500 GW of non-fossil energy.
Singapore-headquartered Canopy Power has teamed with Norwegian floating PV specialist Ocean Sun aiming to accelerate the deployment of floating solar technology across Australia’s water bodies.
I recently came across an article about renewable curtailment that sparked a significant amount of online discussion, stating that a total of 4.5 TWh of energy was curtailed in Australia’s National Electricity Market in 2024.
Canadian developer Amp Energy has achieved financial close on the first stage of its 250 MW / 500 MWh Bungama battery energy storage and 339 MW (dc) solar project being built near Port Pirie in South Australia.
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