Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
Western Australian renewables infrastructure provider Pacific Energy has set up a new office in Victoria with the initial task of managing another first for the company, the delivery of a 26 MW hybrid power system in New South Wales.
United Kingdon-based developer Renewable Energy Systems has expanded its presence in the Australian market with the acquisition of Windlab’s asset management portfolio, including the 60 MW Kennedy Energy Park in northern Queensland.
Tasmania and Victoria have been guaranteed a combined 1.7 GW of the 6 GW of new variable renewable energy projects the Australian government is targeting as part of what is the largest single renewables tender in the country’s history.
Also on the rise: Global solar cell and module manufacturing capacity grew by about 550 GW in 2023; Malaysia launches incentive scheme for residential solar; new solar module recycling process; and more.
Fast-track approvals legislation in New Zealand is catching the eye of renewable energy investors in Australia amid concerns that bureaucratic red tape is impacting the timely delivery of key clean energy generation and storage projects.
Australia’s Department of Defence has activated its largest solar farm yet, flicking the switch on an almost 11 MW PV power plant at the Robertson Barracks in the Northern Territory.
Commercial solar outfit CleanPeak Energy has officially commenced building its first utility-scale PV development with construction work beginning on the 26 MW Wangaratta Solar Farm being built in northeast Victoria.
Victorian government-owned water authority GWMWater is branching into large-scale renewable energy generation with construction set to begin on a 6.5 MW solar array and battery energy storage system near the town of Nhill in the state’s west.
Former Australian prime minister Julia Gillard has been named chair of a multi-billion renewable energy fund that is aiming to build a 15 GW portfolio of assets including wind, solar, and battery storage over the medium term.
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