Investment in firmed renewables a key to securing domestic green iron production
Independent clean energy think tank Climate Energy Finance has called for a $20 billion Future Fund mandate to enable renewables-powered processing of green metals and for measures to accelerate investment in firmed renewable energy at scale.
Global partnership opens new opportunities for Zen Energy
Australian energy gen-tailer Zen Energy is considering offshore opportunities, eyeing energy storage and green hydrogen projects in Taiwan and potentially other countries after securing a $43 million investment from Taipei-listed developer HD Renewable Energy Co.
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
Developers seek WA approval for 70 GW green energy hub
A 70 GW solar and wind mega-project proposed for Western Australia’s Goldfields–Esperance region has been submitted for environmental approval from the state government.
TotalEnergies secures IPC approval for solar farm and big battery project
French energy company TotalEnergies has won approval from the New South Wales Independent Planning Commission for a 320 MW solar farm and 320 MW / 780 MWh battery energy storage system to be built in the state’s New England region.
Renewables development driving $50 billion construction boom
Renewable energy development is forecast to reach $20 billion annually by 2026/27, driving “unprecedented expansion” of Australia’s utilities construction sector over the next three years.
Bowen gives vehicle-to-grid technology green light
The federal government says new standards have been approved that will allow vehicle-to-grid charging in Australia – enabling electric vehicles to not only charge but also supply power back to homes or the electricity grid – by the end of the year.
Canadian Solar lands NSW approval for 250 MW solar farm and 600 MWh battery
The New South Wales government has given final planning approval for a 250 MW solar farm and 150 MW / 600 MWh battery energy storage system being developed by Canadian Solar in the state’s Southern Tablelands region.
1.4 GW of new renewable generation gets go-ahead for construction
Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial commitment in the third quarter of 2024.
Singapore on track to hit 2030 solar targets
Research from the National University of Singapore indicates that Singapore could reach its 2 GW solar installation target by 2028, ahead of its 2030 deadline. The study suggests that the government could increase its long-term solar goals by adopting policies that promote better area utilisation, subsidies, and advancements in panel efficiency.
