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Markets & Policy

IRENA highlights solar critical to ASEAN energy transition

Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics the International Renewable Energy Agency has estimated it will require to achieve a net zero carbon energy system by 2050.

ACEN adds $140 million to support 20 GW portfolio strategy

ACEN Australia declared the first stage of the 720 MW New England Solar Farm is on track to commence commercial operations in 2023 while announcing it has secured a $140 million loan agreement that will help grow its renewables capacity in the Asia-Pacific region to 20 GW by 2030.

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Taiwanese battery maker targets NT for manufacturing plant

The Northern Territory government has signed an agreement with Taiwanese battery company Aleees and Western Australia-based miner Avenira to develop a battery cathode manufacturing plant in Darwin.

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Australia backs new US deal to deliver billions in clean energy investments

The U.S. Department of State has suggested companies including Google, Unilever, and Amazon could invest billions of dollars in Australia’s renewable energy sector as a result of a newly inked clean energy initiative.

Ark Energy floats 3 GW renewables hub for Queensland

International metals group Korea Zinc’s Australian subsidiary Ark Energy has announced it will build 3 GW of renewable energy generation in north Queensland as part of plans to produce more than 1 million tonnes of green ammonia per annum for export by 2032.

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Fire at PG&E’s Tesla battery in California is now under control

A Tesla Megapack battery caught fire at PG&E’s Elkhorn large-scale battery storage facility in Monterey County, California, in the early hours of Sept. 21. The fire was brought fully under control by the late afternoon, and its cause is under investigation.

Cape Town tenders for solar in bid to escape dependence on troubled utility

The city authority wants a developer to construct a 7 MW solar project for it as part of a push to widen its sources of electricity, and says clean energy will be cheaper than – largely coal-fired – grid power from Eskom.

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Sunpower launches two new batteries for residential applications

The two batteries have a storage capacity of 13 and 19.5 kWh, respectively. Both lithium-ion systems use LiFePO4 as the cathode material and have a round-trip efficiency of over 86%.

Work begins on Australia’s largest rooftop solar PV build

Renewable energy investment fund Solar Bay and logistic company Logos have commenced construction of Australia’s largest roof-mounted solar PV system, airlifting in the first of more than 120,000 solar panels that will be installed atop an 800,000sqm industrial warehousing facility in south-western Sydney.

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Alinta gives green light for WA solar and battery project

Power utility Alinta Energy expects work on a 45 MW solar farm and 35 MW battery energy storage system planned for Western Australia’s Pilbara region to commence before the end of the year following the signing of a large-scale renewable power purchase agreement with international mining giant BHP.

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