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Markets & Policy

Australia tops up solar funding to Tonga

An additional $2.9 million from the Australian Government’s Outer Islands Renewable Energy Project (OIREP) is making its way across the sea to the kingdom of Tonga in the form of solar power plants and energy storage. The project is helping Tonga to achieve its target of generating 50% of its electricity from renewable sources by 2020 and 70% by 2030. 

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Solar could hold advantage in post-pandemic global energy sector

The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.

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Extreme weather and electricity reliability: Resilience is key

New research by digital services company, Accenture, finds global energy-utility executives feeling underprepared for the increasing frequency of extreme weather events caused by climate change. It’s time to expand the definition of reliability.

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Really Australia, it’s not that hard: 10 reasons why renewable energy is the future

Australia’s latest greenhouse gas figures released on Friday show national emissions fell slightly last year. This was by no means an economy-wide effort – solar and wind energy did most of the heavy lifting.

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Malaysia launches 1 GW solar tender

Sunday will herald the largest PV procurement exercise ever held in Malaysia. Half the available capacity will be directed to 10-30 MW facilities with the balance reserved for plants with capacities of up to 50 MW.

Photon Energy secures financing for two merchant solar plants in NSW

The two solar plants with a combined capacity of 14 MWp will represent the first Australian utility-scale PV projects in Photon Energy’s independent power producer (IPP) portfolio.

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Renewable energy in the US surpassed coal for first time in more than a century

The coal era is officially over in the United States. Not since 1885, when coal replaced wood, have renewables taken the lead.

Canadian Solar sees turnover and profits surge

The Chinese-Canadian solar manufacturer reported a 41% year-over-year increase in total module shipments to 2.2 GW in the first quarter. Revenue grew by 70% to $826 million, while net profit improved significantly from $17.2 million to $110.6 million.

New rules pave the way for off-grid renewables to replace poles and wires

In a major reform of the energy rules, distribution businesses across Australia will be allowed to service remote areas with stand-alone power systems and avoid costly network upgrades.

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Juwi to build renewable energy hub in regional Western Australia

The German-headquartered project developer has signed a deal with Pacific Energy’s subsidiary Contract Power to build a hybrid renewable energy project that will power the town of Esperance.

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