Solar, wind capacity surpasses coal in China
Research consultancy Rystad Energy is predicting solar power will become China’s primary source of electricity by 2026, after the combined capacity of the country’s deployed solar and wind power overtook coal for the first time in June.
New England renewable energy zone scoping report released
The 8 GW network capacity New England renewable energy zone scoping report has been released outlining the construction and operation of new high voltage electricity network infrastructure needed to connect future renewable energy and storage projects to the grid.
ClearVue integrated solar window tech cracks Middle East construction market
Smart building materials company ClearVue Technologies has cracked the Middle East and Indian construction markets after signing a five-year agreement with Qatar’s largest glass and façade manufacturer.
Genex Power $381 million takeover by Japanese utility J-Power is finalised
Japanese utility giant Electric Power Development Company, known as J-Power, has acquired Sydney-headquartered renewables energy and storage developer Genex Power with a $381 million deal backed by its shareholders.
Clean energy transition drives Queensland jobs growth
New data has revealed 2,750 clean energy jobs have been created in the last two years within six publicly owned energy businesses, putting the state on track to reach a forecast of 100,000 jobs by 2040.
Australian big battery market building towards record year
Australia has firmed as the world’s fourth-largest market for utility scale batteries with new data from research consultancy Rystad Energy revealing that almost 3 GW / 8 GWh of battery energy storage projects have started construction in the first seven months of 2024.
Philippines announces renewables, energy storage auction
The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
Pole-mounted community battery trials roll out in regional New South Wales
State-owned infrastructure company Essential Energy has partnered with retailer Origin Energy to rollout 35 pole-mounted community battery energy storage systems across New South Wales to trial peak demand management.
Clean energy developer boosts circular economy with solar panel recycling deal
Italy-headquartered renewables developer Enel Green Power Australia has committed its 2.8 million solar panels powering current or planned assets to a circular economy by signing a long-term agreement with solar panel upcycling specialists, Elecsome.
FRV secures $1.2 billion financing for 1 GW Australian portfolio
Renewable energy and battery storage developer Fotowatio Renewable Ventures says it has raised more than $1.2 billion in new debt finance for its Australian clean energy assets, including its first standalone battery project planned for Victoria.
