NT scheme sets pace for residential solar battery storage adoption
The Northern Territory has emerged as the national leader in solar battery adoption with more than 30% of homes and businesses with rooftop solar systems having now installed a battery.
PM commits $2 billion to boost Southeast Asia’s future 454 GW need
Australia will invest $2 billion into Southeast Asia green energy and infrastructure development as part of a broader economic strategy that estimates the region’s electricity generation needs by 2050 to be 454 GW.
Smart Energy Expo: Trina spotlights system supply
Trina highlights value of single supplier in community solar, agrivoltaic applications along with PV power plant revamping.
RAPAD search for landholders to play part in 4.2 GW clean energy corridor
The developers of a proposed a “clean energy corridor” in Queensland’s central west that promises 4.2 GW of solar, grid-scale battery storage and a high-voltage transmission line are calling on landholders in the region to now register their interest in hosting renewable energy projects.
Japan’s J-Power launches new Genex takeover bid
After receiving an initial takeover bid last month, Australian renewable power generation and energy storage developer Genex Power has received a revised acquisition offer from Japanese energy company and anchor investor J-Power.
1komma5° announces largest Australian acquisition yet
German solar technology developer and retailer 1komma5° has continued to strengthen its presence in the Australian market with the acquisition of Queensland-based Arkana Energy Group.
Solar’s heavy lifting is Queensland’s ray of hope to hit transition target
New modelling shows that Queensland is on target to achieve its 80% renewable energy goal by 2035 with 13 new large-scale solar and wind projects with a combined 4.38 GW of generation capacity likely to be commissioned within the next three years.
Utility-scale PV cheapest power source in Asia Pacific, says WoodMac
Wood Mackenzie says the levelized cost of electricity in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.
Net metering move puts Indonesia’s 3.6 GW rooftop solar goal at risk
The Indonesian government has ended net metering for rooftop solar installations. The Jakarta-based Institute for Essential Services Reform says this could make it harder for the country to meet its solar deployment targets, as PV installations will become more expensive for households and small businesses.
Demand sites join big batteries in making most of new FCAS markets
Big batteries now dominate the provision of the frequency control ancillary services required to maintain power system security in Australia’s main grid but demand side services company Viotas says there is room for more players in the increasingly lucrative market.
