New South Wales government efforts to stabilise the grid through an incentive scheme offering battery rebates has caused a lull in battery uptake and installations while some consumers wait another four months for the rebate to kick in.
The third edition of the Sinovoltaics financial stability report ranking lists India-based Abhishek Corp, Insolartion Energy, Waaree Renewable Technologies, and Solex Energy, all based in India, followed by United States-headquartered First Solar as the top five. Six additional manufacturers entered the global ranking.
The Northern Territory and Australian government have signed a landmark $250 million deal under the Rewiring the Nation fund to upgrade the Territory’s grid and rollout new transmission projects before 2030.
The latest quarterly report from the country’s energy market operator shows the role of batteries in supporting demand peaks in the National Electricity Market is on the rise, with average generation in those periods more than doubling since the same time last year.
Zenith Energy will build, own and operate a hybrid power station including a 7 MW solar farm and 12 MWh battery energy storage system that will help power operations at Lynas Rare Earths’ Mount Weld mine site in Western Australia
The way has been cleared for construction to begin on a 250 MW / 500 MWh battery energy storage system that will help “future proof” the Australian Capital Territory’s energy supply by reducing the load on Canberra’s electricity network and increasing network reliability.
Electricity and gas provider Alinta Energy has received the tick of approval from the Western Australian government to begin construction of a second battery energy storage facility at Wagerup in the state’s southwest.
The World Trade Organisation Secretariat has criticised China for an alleged lack of transparency in its state support framework and has urged the nation to improve its subsidy notification process.
Inverter manufacturer Fimer has launched a process to sell itself to new owners. Interested investors have until August 31 to submit offers.
Western Australia has locked in federal government funding to build a minimum 6.5 TWh of large-scale solar and wind projects and 1.1 GW of new storage to help ensure the electricity grid remains stable as the state continues its renewable energy transition.
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