Markets & Policy

Around 800,000 new workers will be required in Europe by 2025 for the battery industry alone and, more broadly, existing workers will need to be retrained as the continent’s industries transition away from fossil fuels. International competition for workers is becoming increasingly fierce. Where are these workers and the required skills supposed to come from?

A collaboration between the Clean Energy Council, KPMG and the First Nations Clean Energy Network has produced Australia’s first national guide on meaningful engagement and benefit sharing with the country’s oldest custodians on renewable energy.

With solar production capacity expansion plans paused, bigger cell makers will weather the storm through a revised approach to new panel technologies. InfoLink’s Alan Tu says that low profits could also drive innovation and cost savings, pushing the industry to new heights.

Independent Australian think tank Climate Energy Finance (CEF) finds public and private capital is rapidly transitioning Queensland from its dependence on coal and methane gas for electricity generation. The findings were published today in a new report.

In updated figures, BloombergNEF finds that 444 GW of new PV capacity was installed globally in 2023. It says new installations could reach up to 574 GW this year, in its most optimistic forecast, 627 GW in 2025, and 880 GW in 2030.

The federal and WA governments are stepping in to support struggling nickel producers with tax credits, critical listing grants, and rebates. 

Anthony Albanese’s plan to fund Australia’s quest to become a renewable energy superpower and position itself as a global player for decarbonisation and clean energy doesn’t move fast or bold enough, according to industry experts.

As Victorian homeowners call for better grid infrastructure after outages left thousands without power this week, new data from research company Rystad Energy suggests the whole world’s transmission network may be a stumbling block to energy transition.

Korean solar module maker Qcells informed its local team this week that its Australian subsidiary will be closed. The decision reflects on the highly competitive Australian solar marketplace and the company’s strategic decision to focus on the United States, Europe, and its home market of Korea.

BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.