Amp reaches financial close on South Australian battery
Canadian developer Amp Energy has achieved financial close on the first stage of its 250 MW / 500 MWh Bungama battery energy storage and 339 MW (dc) solar project being built near Port Pirie in South Australia.
South Australia leads international rooftop solar cost rankings
A new study of residential solar installation costs reveals South Australia has the lowest costs nationally while even Australia’s most expensive states are about three times cheaper than those in the United States and Canada.
Enphase posts 42% revenue decline in 2024
Solar inverter maker Enphase Energy says full-year revenue fell 42% as the residential solar market slumped, but margins improved and United States manufacturing expanded significantly.
Australian grid-scale battery storage earns $69.5M in Q4, 2024
Net revenue for Australian grid-connected battery energy storage systems more than doubled in year-on-year comparisons of the final quarter.
EDP Renewables plans multiple solar and storage sites for inland city
Plans to build three “town-scale” solar plants and battery energy storage systems in the central western New South Wales city of Orange have been submitted to the local council by the Australian arm of Singapore-headquartered developer EDP Renewables.
NSW solar farms lead way for large-scale generation
Solar farms in New South Wales led the way for Australia’s utility scale PV energy output in January, generating 929 GWh of renewable electricity to drive all Australian large-scale PV and wind generation up 12% on the same time last year.
Ampyr Energy takes control of 1 GWh big battery project
Renewables developer Ampyr Australia plans to fast track the development of a 1 GWh battery energy storage system in central New South Wales after buying out former project partner Shell Energy.
Victorian startup to step up production of lightweight electric motor tech
Victorian startup Kite Magnetics plans to accelerate the development and production of its lightweight electric motor technology with a new advanced manufacturing facility to be established in Melbourne.
Queensland ends support for 3 GW green hydrogen project
Plans to develop a 2.88 GW green hydrogen production facility near Gladstone on the central Queensland coast are in serious doubt after the state government announced it will not commit funding to the $12.4 billion project.
Modo Energy forecasts big future for NEM battery fleet
Australia’s grid-scale battery fleet is forecast to grow rapidly in the next three years with market analytics platform Modo Energy revealing 16.8 GW / 42.8 GWh of battery energy storage projects are in the pipeline in the National Electricity Market through to 2027.
