China hits 277.17 GW of new PV installations in 2024
China’s cumulative installed solar capacity hit 886.66 GW at the end of 2024, with 277.17 GW of new annual installations, up 45.48% year on year. The deployment surge exceeded forecasts, setting a new historical record for PV installations.
Ausgrid adds community battery to support solar
New South Wales network operator Ausgrid has added another community battery to its portfolio, powering up a 200 kW energy storage system in the Sydney suburb of Cammeray.
Malaysia opens bidding for 2 GW of large-scale solar
Malaysia’s Energy Commission has launched an open tender seeking 2 GW of large-scale solar projects with capacities ranging from 10 MW to 500 MW to support the nation’s clean energy transition.
Big battery on target with giant transformers in place
One of Australia’s biggest battery energy storage projects is preparing to plug into Victoria’s electricity grid with two 335 tonne transformers now in place at the 1.6 GWh Melbourne Renewable Energy Hub.
Aussie miner lands $1.6 billion for US lithium project
Australia-based critical minerals miner Ioneer has been tapped to help strengthen America’s battery supply chain, securing a $1.6 billion loan from the US Department of Energy to develop a lithium and boron project in Nevada.
New Zealand’s power market is ‘ugly’ and asymmetrical
Your oven doesn’t care what generation source powers it up – so consumers with power plants of their own via rooftop solar or through battery energy storage systems need to be able to compete fairly with large generators.
New tool tips solar to supply 50% of global energy demand by 2035
Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modelling tool that also predicts solar costs will continue falling by 10% a year.
Rooftop solar install rates end year on high
Australia’s rooftop solar market finished 2024 on a high with about 309 MW of monthly installations delivering one of the best December totals of recent years and putting the national trend back on the up.
Where will lithium-ion battery prices go in 2025?
After tumbling to record lows in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilisation.
Australian utility-scale battery deployment surges past solar, wind – falls short of requirements
Big BESS is booming in Australia, with almost 5 GW of projects under construction last year, according Rystad Energy. While encouraging, the analyst reports that the volume remains insufficient to overcome growing rates of renewable curtailment. “We have around 3 GW operational at the moment, but about half of that is still in commissioning. So you still only have 1.5 GW on the market where the average load is 23 GW,” Rystad Energy’s David Dixon said.
