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Markets & Policy

Suppliers owed millions after Victorian installer collapses

The staff of a Victorian solar retail and installation business have lost their jobs and customers and suppliers are owed millions of dollars after the company was placed in the hands of administrators.

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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.

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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.

New body appointed to oversee solar installer accreditation scheme

The Clean Energy Regulator has announced that the newly launched Solar Accreditation Australia is the new accreditation scheme operator for the nation’s solar workforce – more than 9,000 installers and designers.

Glenrowan Solar Farm reaches full capacity in quick time

Less than 12 months after construction began in northern Victoria and the 102 MW Glenrowan Solar Farm has been completed and commissioned and is now operating at full unconstrained capacity.

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ACEN lands loan to boost renewables expansion in Australia

Philippines-based energy company ACEN Corporation has secured a $150 million funding package that will bolster its plans to deliver a 9 GW portfolio of solar, wind, battery storage and pumped hydro projects in Australia.

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Origin presses go on 650 MWh grid-forming battery in Victoria

Origin Energy has issued a notice to proceed to EPC contractor Fluence for its 300 MW / 650 MWh battery energy storage project planned for Mortlake in southwest Victoria, progressing the company’s goal to build its renewables and storage portfolio to 4 GW by 2030.

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.

EDF to drive development of 3 GWh pumped hydro project

The Australian arm of French energy giant EDF Group has acquired and agreed to co-develop the proposed 300 MW / 3 GWh Dungowan pumped hydro energy storage project being progressed in the New South Wales New England region.

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