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Markets & Policy

1Komma5° unveils VPP ready solar and battery solution

German home energy and electrification company 1Komma5° has unveiled a residential energy ecosystem for the Australian market including solar panels, hybrid inverter, and the brand’s intelligent battery energy storage solution.

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Global solar capacity to surpass 7.5 TW in 2035, says GlobalData

UK consultancy GlobalData projected, in figures shared with pv magazine, that global renewable capacity could hit 11.2 TW by 2035, led by solar. It expects cumulative PV capacity to hit 2,378 GW by year-end and 2,849 GW by 2026.

New solar and battery project planned for Queensland hotspot

Queensland’s Wide Bay–Burnett region is continuing to build as a renewable energy hotspot with Zen Energy now seeking federal government approval to develop a 100 MW solar farm and a 200 MW battery energy storage system in the area.

China launches world’s first grid-forming sodium-ion battery storage plant

The Baochi Energy Storage Station in Yunnan integrates lithium and sodium-ion technologies at scale, a global first, aiming to stabilise renewable energy and cut costs as China accelerates its energy transition.

Meyer Burger’s German subsidiaries file for insolvency

Swiss solar cell company Meyer Burger said it filed for insolvency for its German subsidiaries, following intensive efforts to keep Meyer Burger Industries GmbH and Meyer Burger Germany GmbH operational.

Project mapping platform adds high-res imagery to mix

Australian renewable energy market intelligence and mapping tool provder RenewMap has partnered with aerial imagery platform Nearmap in a move that provides users with access to the tech company’s high-resolution digitised content.

SunWiz details sharp rise in residential battery install volumes

Australia is on the cusp of a major surge in solar battery adoption with SunWiz forecasting at least 100,000 home energy storage systems with a combined capacity of 1.2 GWh will be rolled out next year, a 38% increase on 2024’s installations.

Fortescue secures state approval for 644 MW solar hub

Mining giant and renewable energy company Fortescue has received the green light from the Western Australian government for a 644 MW solar farm that is to help power its operations in the state’s Pilbara region.

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TotalEnergies, RGE to develop solar-plus-storage in Indonesia

TotalEnergies and RGE have signed a co-investment agreement to develop and operate a solar-plus-storage project in Indonesia. The utility-scale plant will be built and managed by Singa Renewables, their equally owned joint venture.

Tasmania taps Powerfuels project to lead Bell Bay Hydrogen Hub

The Tasmanian government has named Abel Energy’s $2 billion Bell Bay Powerfuels project as the lead proponent for the Bell Bay Hydrogen Hub, declaring the decision positions the precinct as a key renewable energy asset.

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