Markets & Policy

Buildings are considered to be a major driver of emissions. In addition to the predicted billions of square meters of space that will be built across the world over the next decade, most developments standing today will still be around in 2050. Thus, retrofitting existing structures is seen as a key sustainability target. In the fourth quarter of 2021, pv magazine’s UP Initiative will focus on the role that solar and energy storage can play in greening the world’s urban spaces.

Representatives from some of Australia’s most prominent renewable energy companies have united in their criticism of the Energy Security Board’s proposal for consumers to pay conventional generators such as coal and gas power plants an extra fee for their capacity, not just the actual power they produce.

The last of the New South Wales coal-fired power plants will be shut by 2040 at the latest after electricity gen-tailer EnergyAustralia announced it would bring forward the closure date of its 1.4 GW Mt Piper power station by two years.

In reportedly the largest ever contested resolution in Australian corporate history, 55% of AGL shareholders have this afternoon voted for the company to adopt Paris-aligned climate targets in both of its demerged businesses.

A bidding war to buy AusNet and its Victorian electricity and gas assets has broken out between Canadian-headquartered Brookfield and Australia’s largest gas pipeline operator, APA Group.

The addition of 521 MW between April to June was India’s highest ever rooftop solar capacity installed in a single quarter.

Oil and gas giant Santos on Tuesday fronted up to Australia’s federal court, kicking off proceedings filed against it by the Environmental Defenders Office (EDO). Pv magazine Australia spoke to the EDO and its client about the precedent they hope to set with the case.

The federal government has announced it will extend its prospective national network of clean hydrogen hubs to each of Australia’s states. The move was welcomed by a number of industry bodies, though some say the program doesn’t go far enough with government spending still lagging our European counterparts.

The clean energy joint venture, which is half owned by British energy company BP, today said it expects to create around 500 jobs as it ramps up its solar portfolio from less than 4 GW to 25 GW in four years.

Power and water are a classic utility couple. SA Water has switched up the relationship with another solar plant energised in its massive solar rollout that is set to save on both costs and carbon.