China’s new auction system drives steep solar price declines
Wood Mackenzie says first provincial auctions under China’s new pricing rules pushed solar bids up to 32% below settlement, signaling tighter margins and a shift to slower, more sustainable growth.
Key takeaways from All Energy Australia 2025
Despite the ongoing challenge of solar price cannibalization, Australia’s PV marketplace appears set for a period of acceleration. Renewable energy targets, supportive policy, and looming coal closures will require ongoing solar and storage installations – and a large pipeline is taking shape.
Singapore, Australia regulators deepen energy cooperation
The Australian Energy Regulator (AER) agreed this week to enhance collaboration with Singapore’s energy market regulator on electricity and gas market regulation, as well as low-carbon technologies.
Wärtsilä to build Australia’s largest DC-coupled hybrid BESS
This newly announced project will be its ninth BESS site in Australia, bringing the company’s total Australian capacity to 1.5 GW/5.5 GWh.
Transgrid uses synchronous condensers for network stabilisation
The high-voltage grid transmission operator said the condensers will be deployed at five strategic sites across New South Wales.
Schneider Electric unveils 200 kWh C&I battery storage system
Schneider Electric has introduced a modular 200 kWh battery energy storage system for commercial and industrial (C&I) users, scalable up to 2 MWh across 10 units.
Singapore, China to supply solar-plus-storage power from Indonesia
Singapore’s Equator Renewables Asia (ERA) and China’s CRE International Co. Ltd (CREI) will jointly develop a 900 MW solar and 1.2 GWh battery project in Indonesia, with 400 MW (AC) slated for export to Singapore.
Big batteries boom Down Under
Australia is the third-largest market worldwide for large-scale energy storage by capacity and is blitzing the field in per capita battery storage installations, with more than 1 GWh per million people – double that of nearest rival the United Kingdom.
Toyota developing two-seater electric vehicle with solar roof
Toyota Manufacturing UK says it is leading a consortium to investigate the feasibility of a lightweight micro-mobility electric vehicle with a PV roof, digital connectivity, and sustainable components.
Australia’s clean energy pipeline grows 24% to 56.6 GW
The Australian Energy Market Operator (AEMO) reported a 24% rise in new generation and storage capacity across the National Electricity Market (NEM), reaching 56.6 GW, as grid-scale batteries and hybrid solar projects drive growth.
