Distributed solar on a roll breaking output records nationwide in Q4
Like a gift that keeps on giving across Australia’s electricity markets, distributed solar has punched yet again above its weight to break records in the close out of 2024, according to a new report from the Australian Energy Market Operator.
Large-scale solar delivers generation high
Large-scale solar farms across Australia generated a record 16.2 TWh of clean energy in 2024, delivering a near 7% increase on the previous year and taking the contribution from renewables to a new record high.
Wood Mackenzie tips solar growth to stagnate in 2025
Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
Trump orders pause to IRA funding
An executive order released by the newly installed United States government states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022.”
GridBeyond launches price forecasting service in NEM
Ireland-headquartered smart grid technology company GridBeyond has announced the launch of its frequency control ancillary services price forecasting service in the Australian National Electricity Market.
Masdar makes 1 GW move into Philippines power market
United Arab Emirates-based renewable energy company Masdar has announced its entry into the Philippines market, revealing plans to develop 1 GW of clean energy projects in the Southeast Asian nation by the end of the decade.
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.
