NSW invests $1 billion to boost energy storage and infrastructure upgrades
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
Back contact solar module manufacturing capacity may reach 1 TW by 2030, says tech expert
Radovan Kopecek, an expert on back-contacted (BC) solar cell and module technologies, spoke with pv magazine about BC manufacturing costs, efficiency and technical challenges. He believes that global BC solar module manufacturing capacity could reach 1 TW by 2030, potentially making BC products the industry’s mainstream technology. Kopecek added that 2028 will be a crucial year for its development, as most of the critical patents associated with this module tech will expire.
Global utility-scale solar additions hit 182 GW in 2024
Utility-scale solar installations reached 182 GW (AC) in 2024, with the top 33 countries now accounting for 765 GW, or roughly 93% of the global total, according to Wiki-Solar.
$2.4 billion capital investment boosts clean energy developments in Q4 2024
The Clean Energy Q4 2024 report finds solar generation reaching financial commitment or commencing construction totalled 1,139 MW, and overall clean energy investment was at a record high.
LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
China exports 235.9 GW of solar panels in 2024
China exported 235.93 GW of PV panels in 2024, a 13% increase over the previous year. Of this, 68.11 GW of modules were shipped to the Aisa-Pacific region, up 26% from 2023.
ARENA roadmap shines light on vehicle-to-grid charging potential
A roadmap for bidirectional electric vehicle charging in Australia, released by ARENA in partnership with RACE for 2030, is set to play a key role in guiding policy and initiatives for the widespread commercialisation of vehicle-to-grid technologies.
NEM project pipeline nears 50 MW in December quarter
Almost 50 GW of new large-scale solar, wind and battery energy storage projects were progressing through the connections process for Australia’s main grid at the end of 2024, up 36% year-on-year.
CIP begins building 960 MWh big battery in South Australia
Danish renewables giant Copenhagen Infrastructure Partners has officially launched construction of a 240 MW / 960 MWh battery energy storage project in South Australia with the system expected to be operational in 2027.
Tax incentives for green hydrogen, critical minerals pass Senate
Billions of dollars in tax breaks for green hydrogen production and critical minerals processing are set to be unlocked from 2027 after a key pillar of the federal government’s Future Made in Australia plan was waved through the Senate.
