Solar installers chasing millions after aggregator’s registration suspended
Rooftop solar certificate aggregator Emerging Energy Solutions, which has gone into liquidation reportedly owing creditors more than $86 million, has had its registration “permanently suspended” by the Clean Energy Regulator.
Investment giants advance move into APAC renewables market
Global investment firm Patrizia and Japanese trading and investment giant Mitsui have continued their push into the Asia Pacific renewable energy market, acquiring an interest in Philippines-based rooftop solar developer BEI.
Liontown ships first spodumene from Kathleen Valley
Australian battery minerals company Liontown Resources has shipped the first batch of spodumene concentrate from its flagship Kathleen Valley lithium project in Western Australia.
Federal funding boosts Queensland local renewable energy zone program
The Queensland government’s plan to establish Local Renewable Energy Zones in the regional centres of Caloundra and Townsville has received a funding boost with the federal government to tip in an additional $21.2 million to expand the projects’ solar capacity by an additional 10.6 MW.
Global average solar LCOE stood at $0.064/kWh in 2023, says IRENA
The weighted average levelised cost of electricity of utility-scale solar PV in Australia was 22% lower than the global average according to a new report published by the International Renewable Energy Agency.
UK developer seeks EPBC approval for 2.5 GWh Victorian battery
Plans to develop a 2.5 GWh battery energy storage system in Victoria’s southwest have joined the queue for assessment under the federal government’s Environment Protection and Biodiversity Conservation Act.
Soltec enters pre-insolvency as Spanish regulator halts trading of shares
Spanish PV company Soltec has entered pre-insolvency proceedings to negotiate with creditors, and Spain’s National Securities Market Commission has suspended trading of its shares until it releases its first-half 2024 financial results.
The shifting sands of PV module supply
Chinese solar manufacturing capacity faces a downturn that is unlikely to translate into growth in other regions, writes S&P’s Edurne Zoco.
Extra 33,000 electricity workers needed to match 2029 clean energy demand
The Australian Skills Guarantee has been identified by a RACE 2030 report as one solution to help boost, and double to 63,000 by 2029, the number of skilled electricity workers needed to deploy clean energy projects.
US solar industry on track to install 250 GW in five years
According to the United States Solar Market Insight Q3 2024 report, in the two years since passage of the Inflation Reduction Act the solar industry has added 75 GW of new capacity to the grid, representing more than 36% of all solar capacity built in nation’s history.
