Skip to content

Markets

Australia breaks record with 5.2 GW solar installations in 2024: IEA report

An International Energy Agency survey of solar power applications in Australia shows 5.2 GW of installations in 2024 were achieved and the total capacity of solar at 40 GW, includes 26.1 GW of distributed systems and 13.4 GW of centralised installations.

1

Waratah Super Battery transformer failure raises insurance questions

A transformer failure at the 850 MW Waratah Super Battery could trigger multimillion-dollar insurance claims and project delays, illustrating how a single unit outage can escalate at one of Australia’s largest battery projects.

Phono launches 475 W back-contact panel in Australian market

Chinese manufacturer Phono has launched a new bifacial solar panel in the Australian market featuring an output of 475 W and a power conversion efficiency of 23.27%.

1

Unidentified buyer snaps up Gunning solar and battery project

Project developer Recurrent Energy has capped a busy couple of weeks in the Australian market with the sale of a 250 MW solar and 120 MW battery project in New South Wales to an unidentified European buyer.

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.

1

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

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close