IRENA says $851 billion invested in solar technologies in 2024
The International Renewable Energy Agency says solar is the only renewable energy technology where current investment levels are approaching the annual average needed through to 2030 to align with its 1.5 C pathway.
Sinovoltaics updates solar module manufacturer financial stability ranking
The quality assurance provider reported India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy retained the top three positions in its Altmann-Z score-based quarterly ranking. Its analysts noted the number of companies with healthier scores increased from nine to 11.
SunCable strikes deal with traditional owners to build NT solar farm
SunCable has struck a multi-million-dollar deal with traditional owners that will enable it to develop the biggest solar farm in Australia on a cattle station in the Northern Territory.
NSW energy distributors de-risk transition with new, unified system plan
Three New South Wales energy distributors have collaborated on the state’s first distribution system plan, which they say can sustain five years of energy transition momentum, while waiting for critical transmission infrastructure to be built.
Three year grid connection wait risks renewable energy targets: survey
One-in-five, or 20%, of renewable energy developers responding to an Intium grid-connection survey, say it took them two to three years waiting for grid connection approval, and delays are a threat to Australia’s renewable energy targets.
US orders recall of 10,500 Tesla Powerwall 2 battery systems
Tesla says its recall and replacement effort stems from a contained battery-cell defect that has raised safety concerns in both the United States and Australia.
$1 million raise charges up AVESS vanadium flow battery deployment
Australian energy storage technology company AVESS Energy has completed a $1 million capital raise enabling the progression of projects including vanadium flow battery deployment at the Windimurra Vanadium Project.
South Korea mandates solar systems at public parking lots from late November
The South Korean government says all public parking lots larger than 1,000 square metres will be required to install solar power systems from the end of this month, as part of a nationwide policy to accelerate renewable energy adoption in urban areas.
Ampyr to relocate 270 MW Davenport BESS to decommissioned coal station
Ampyr Australia will relocate the 270 MW Davenport battery energy storage system in South Australia under the new name Northern Battery to a decommissioned, coal-fired power station at Port Augusta, after acquiring it from Green Gold Energy.
Iberdrola wins bid to develop VNI West transmission project
Spanish energy company Iberdrola, which has a total installed capacity in Australia of 2.3 GW, has been selected to develop the Victoria to New South Wales Interconnector West, or VNI West transmission line.
