A 1 MW community-owned battery energy storage system could earn the operators up to $250,000 in revenue each year in Australia according to new analysis from Ireland-headquartered smart energy company GridBeyond.
The latest supply chain map from Sinovoltaics tracks growth across Southeast Asia, with module capacity reaching 78.8 GW, and 58 production projects tracked.
Queensland state-owned generation company Stanwell has boosted its energy storage portfolio with two new developments with a combined capacity of almost 650 MW entering its project pipeline.
Australia’s rooftop solar installation rate has continued to cool for a second consecutive month with national market volumes in September down about 3% on August when 273 MW was installed.
Rooftop solar certificate aggregator Emerging Energy Solutions, which has gone into liquidation reportedly owing creditors more than $86 million, has had its registration “permanently suspended” by the Clean Energy Regulator.
Global investment firm Patrizia and Japanese trading and investment giant Mitsui have continued their push into the Asia Pacific renewable energy market, acquiring an interest in Philippines-based rooftop solar developer BEI.
Australian battery minerals company Liontown Resources has shipped the first batch of spodumene concentrate from its flagship Kathleen Valley lithium project in Western Australia.
Korean utility KEPCO has completed a 978 MW battery project that is billed as Asia’s largest battery energy storage system for grid stabilisation purposes.
The historic Queensland coal mining city of Ipswich has made the shift to renewables with state-owned owned energy company CleanCo striking a deal to power the local council’s infrastructure with 100% renewable energy.
The weighted average levelised cost of electricity of utility-scale solar PV in Australia was 22% lower than the global average according to a new report published by the International Renewable Energy Agency.
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