A New Zealand government program subsidising and testing battery storage and solar systems on farms across the country, have announced an inaugural uptake of 32 agricultural businesses have signed on to its Solar on Farms program.
A New South Wales-based manufacturer of power and distribution transformers has been granted $22 million from the state government as part of a $52 million outlay to “supercharge” renewable energy manufacturing sectors.
The global capacity of utility-scale batteries has increased by more than 12 times between 2020 and 2024, according to the International Energy Agency Electricity 2026 report.
A global study finds climate change will sharply increase high-temperature risks, accelerate degradation, and raise costs for rooftop PV, with economically disadvantaged regions hit hardest. Researchers warn current IEC standards underestimate future risks, urging urgent updates to avoid stranded assets and rising electricity costs.
Perth-headquartered energy storage and battery-based power systems specialist Magellan Power has teamed with specialist investment manager Viburnum Funds to boost its manufacturing capabilities and fund expansion in Australia and internationally.
A record five large-scale renewable energy generation projects totalling 1.2 GW of capacity reached financial close across Australia in the last quarter but industry figures say more needs to be done to ensure that investment momentum continues.
The first stage of Quinbrook’s massive Supernode battery energy storage project in southeast Queensland has achieved commercial operations with full power export to the grid.
Australia is still dragging its feet on decarbonising the economy. Last September, the Albanese government committed to a 62–70% reduction in carbon emissions by 2035 and net zero by 2050. However, only one month later, the government conceded it would fall just shy of its 2030 target and likely miss net zero without significant changes.
Jointly funded with the Australian government, the New South Wales government is investing $15 million over four years to train the skilled workforce needed for the state’s renewable energy rollout.
China-headquartered renewable energy technology provider Fox ESS has partnered with Origin Energy to enable its home battery storage systems to connect to the Origin Loop virtual power plant.
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