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.
Ausgrid goes big with two 400 MWh battery projects in Newcastle and Sydney
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.
Trina targeting Australian-made solar modules by 2027
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.
Cornwall tips 150 GW renewables boost for NEM within two decades
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.
Livium lands state support to develop WA battery recycling plant
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.
Solar manufacturing facing substantial pressures, says IEA-PVPS
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 install rates on rise after record month
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.
Quinbrook announces sale of Energy Locals retail platform
Renewable energy focused investment manager Quinbrook Infrastructure Partners has offloaded electricity retailer Energy Locals to a consortium led by Australian fund manager Palisade Impact.
TCV reveals preferred easement for Victoria to NSW interconnector project
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.
