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Markets & Policy

AGL throws weight behind 2 GW NSW energy park

Energy generating and retailing giant AGL has teamed with Australian renewable energy company Someva Renewables to develop a hybrid wind, solar and battery storage facility that could deliver more than 1.5 GW of renewable energy generation capacity to the National Electricity Market.

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Japan’s J-Power launches new Genex takeover bid

After receiving an initial takeover bid last month, Australian renewable power generation and energy storage developer Genex Power has received a revised acquisition offer from Japanese energy company and anchor investor J-Power.

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Remote community microgrids reach design and build stage

The Queensland government has announced plans to deliver the key infrastructure and support microgrid feasibility studies in five remote townships as it seeks to promote energy sovereignty for communities on the edge of the electricity grid.

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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