New South Wales electricity distributor Ausgrid is proposing two, 200 MW / 400 MWh battery energy storage systems to be located in the north coast regional city of Newcastle, and Sydney suburb of Homebush.
Chinese manufacturing giant Trinasolar says it could be making panels in Australia as soon as 2027 as part of its joint-venture plans with Sydney-based PV innovator SunDrive Solar.
Australia’s main electricity grid is predicted to increase its solar, wind, and energy storage capacity by more than 150 GW by 2043 according to new projections published by energy market consultancy and research group Cornwall Insight.
Battery technology company Livium’s recycling subsidiary Envirostream Australia has secured an $850,000 grant from the Western Australia government to develop a battery recycling facility in the state.
The International Energy Agency Photovoltaic Power Systems Programme says in its latest report that 2023 was a record-breaking but tumultuous year for solar development. It says the manufacturing industry faces pressure from supply-demand imbalances, with overcapacity causing prices to collapse.
Rooftop solar installations in Australia recorded a 6% jump in October with the latest monthly data revealing 279 MW of small-scale rooftop PV was installed on household and business roofs across the country last month.
Renewable energy focused investment manager Quinbrook Infrastructure Partners has offloaded electricity retailer Energy Locals to a consortium led by Australian fund manager Palisade Impact.
The preferred easement for the 240-kilometre Victorian section of the Victoria to New South Wales Interconnector West transmission line project has been released by Transmission Company Victoria.
PV data consultancy Wiki-Solar says the world’s top solar developers have added nearly 50 GW of new solar capacity since early 2023, raising their cumulative capacity to 146.7 GW – more than one-fifth of the global total.
The International Energy Agency’s latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolysers, and heat pumps will rise from $1 trillion in 2023 to more than $3 trillion by 2035.
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