Markets & Policy

Greek company Mytilineos has reached financial close on all three of its 40 MWp solar farms in New South Wales, marking an important milestone in the company’s strategic move into the Australian market.

After a controversial beginning, the Victorian Solar Homes Program recovered and is now setting new records. From the early days when solar installers were forced to protest due to the unintended effects of the policy’s first iteration, to today when more than 165,000 homes have solar as a result of the program, it is fair to say that Victoria is headed into a bright summer.

BloombergNEF says falling battery costs and “surging” renewables penetration make energy storage a “compelling flexible resource in many power systems.” Australia is among the predicted top markets.

Fortescue Future Industries, founded by billionaire Andrew Forrest, has already received planning approval for its 2 GW electrolyser factory at Gladstone despite announcing the plan just five weeks ago.

Airports are increasingly turning to solar to decarbonise, with ideations ranging all the way from gimmicky solar runways and “dead zone” solar pathways to very real rooftop arrays. Whatever happens, solar certainly has a place at airports with Brisbane airport saving itself somewhere between $20 million to $50 million thanks to the solar system it installed in 2019.

Energy data provider C4NET has now opened its services up to any party with a query, streamlining data access in the interest of accelerating Australia’s transition.“First thing we’re trying to do is be a one stop shop,” James Seymour, CEO of C4NET, told pv magazine Australia.

The Indian authorities have announced plans to provide more funding to help more manufacturers under its production-linked incentives scheme, which is designed to support gigawatt-scale manufacturing of high-efficiency solar modules.

The Queensland government has published its draft plan to unlock 3,300 MW, or 3.3 GW, of new renewable generation as part of the first stage of developing state’s three Renewable Energy Zones (REZs).

A torbanite mine proposed for central Queensland is hitching itself to renewable energy, presenting its accompanying 50 MW solar farm as centrepiece of its plan.

Everything you see exists together in a delicate balance. Octopus Investments Australia’s Investment Director of Energy Markets, Lumi Adisa, takes a Lion King-themed deep dive into New South Wales to find out what comes after coal.