Big battery capacity jumps globally 12-fold in four years
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.
Global-warming-induced degradation could raise rooftop solar LCOE by up to 20%
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.
Australian battery manufacturer lands funds for expansion plans
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.
Investment rally coincides with renewables records in NEM
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.
Supernode battery achieves commercial operations milestone
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.
How delays in Australia’s switch to clean energy are hurting workers
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.
NSW pledges $15 million to boost renewable energy workforce
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.
Fox ESS partners with Origin to expand its virtual power plant offerings
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.
IEC-based technical specifications needed for second-life PV module market
The latest report from the International Energy Agency’s Photovoltaic Power Systems Programme says second-life PV modules have the potential to reduce waste and extend the value of solar assets, but their market today remains underdeveloped and requires advances in technical qualifications, scalable reuse infrastructure and supportive policy frameworks.
Solar energy chips in 16% of Victoria’s renewable energy target
Solar energy has chipped in 16% of Victoria’s 40% 2025 renewable target, which itself has been smashed with green energy powering a solid 44.6% of the state’s electricity in that year.
