Solar technology manufacturing heavyweight Trina Solar has secured conditional development approval from the New South Wales government for a 200 MW solar farm to be developed in the state’s southeast.
European Union member states have installed a “record-breaking” 56 GW of PV over the last 12 months – consistent with the past three years of 40% year-on-year growth, according to SolarPower Europe. But the association warns that solar’s moment in the sun could soon be over, as energy prices stabilise and project interest rates skyrocket.
Australia’s independent energy markets and power systems operator has warned urgent investment in generation, firming and transmission is needed with forecasts showing the National Electricity Market needs to almost triple its installed capacity in less than 30 years.
Philippines-based energy company ACEN Corporation plans to bolster its renewable energy initiatives in Australia after sealing a $75 million green term loan facility that will help fund the delivery of an 8 GW portfolio of solar, wind, battery storage and pumped hydro projects.
Australia’s largest telecommunications provider, Telstra, is a step closer to its goal of enabling renewable energy generation equivalent to 100% of its consumption by 2025 after inking a new 153 GWh solar offtake agreement with Global Power Generation.
Australian clean energy outfit Atmos Renewables is partnering with UK-based Nomad Energy to help develop a renewable energy project pipeline with over 1 GW of capacity in Western Australia by 2030.
Smoke from wildfires significantly effects solar output, researchers from UNSW have found. Specifically, Australia’s Black Summer in 2019 – 2020 caused energy losses from residential and utility PV systems estimated between 175 to 35 GWh, equating to a worst-case financial loss of around $6.1 to $29 million.
Victorian company United Solar Group, which is developing a floating 700 MW solar and 1.5 GWh battery project at the Poonakary Lake in Kilinochchi, Sri Lanka, has had a Power Purchase Agreement approved by the Sri Lankan cabinet.
The NSW Independent Planning Commission on Monday approved the 215 MW Oxley Solar Farm and coupled 50 MW/50 MWh battery in Armidale, enforcing a number of conditions on the project in response to significant community backlash.
Tasmania’s largest hybrid solar proposal, the 288 MW Northern Midlands Solar Farm being developed by startup TasRex, was approved by the Northern Midlands Council on December 11. The agrivoltaic project, which will host a flock of sheep beneath its panels, is seeking to be operational by 2026, and includes a 346 MW / 691 MWh battery.
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