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Markets & Policy

Clean energy harvest in store for New Zealand solar on farms trial

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.

NSW transformer manufacturer lands $22 million expansion grant

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.

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.

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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.

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