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Markets & Policy

Firm solar and storage costs fall to $74/MWh, says IRENA

A new report by the International Renewable Energy Agency finds that round‑the‑clock solar and wind paired with battery storage deliver power at lower cost than new fossil fuel generation in high‑quality resource regions.

Rebate change triggers record 2.4 GWh home storage registrations in April 2026

Changes on May 1 to the federal government’s cheaper home battery rebate triggered a frenzy of registrations to the scheme across Australia in April 2026 as households dived in last minute to take advantage of subsidies, with registrations peaking at a record 2.4 GWh capacity.

Anker Solix unveils all-in-one residential energy storage solution

Anker Solix has launched a residential energy storage solution featuring a 7 kWh modular battery with 5 kW bidirectional inverter.

Neoen’s second-largest solar farm globally begins operation in NSW

France-headquartered grid-scale solar and battery storage system developer Neoen Australia has begun operation of its 350 MW Culcairn Solar Farm in New South Wales, one of numerous assets adding to its goal of 10 GW capacity in Australia by 2030.

SMA shifts Australian focus to large-scale sector

German inverter and battery manufacturer SMA Solar Technology has confirmed its withdrawal from the Australian residential and commercial market, with CEO Jürgen Reinert declaring the company will instead focus on large-scale infrastructure, grid-forming technology and hybrid integration.

Trina launches Australia-specific solar module for rooftop market

Chinese PV technology manufacturer Trina Solar has launched an “Australia specific” variant of its Vertex S+ modules featuring a power output of 515 W and a maximum efficiency of 24.65%.

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Indonesia tenders 1.2 GW of solar

Indonesia’s PLN has launched a tender for a 1,225 MW solar project that will be spread across several regions of the country. The state-owned utility has not publicly announced a closing date.

NSW to prioritise critical renewable energy projects under new law

New South Wales will introduce new legislation designed to accelerate the delivery of critical solar, wind, battery energy storage, and network projects to support the state’s transition from coal-fired power to renewable energy.

Solar sector raises $15.45 billion in Q1 2026 as debt financing hits decade high

Global corporate funding in the solar sector reached $15.45 billion (USD 11.1 billion) in the first quarter of 2026, with debt financing at its highest level in more than 10 years, says Mercom Capital Group.

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Rooftop solar surges to new high on back of battery boom

Australia’s rooftop solar market climbed by 31% in the past month with the latest data revealing that a record 442 MW of small-scale PV capacity was installed across the country in April 2026.

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