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Markets & Policy

$2 billion CEFC commitment banks on future clean energy investments: Budget

The 2025-26 Federal Budget has committed $2 billion to the Clean Energy Finance Corporation to invest in solar and other renewable power, storage, energy efficiency, and low emissions technology, saying it will unlock a further $8 billion in investments.

Jinko and Trina Vietnam manufacturing exports attract new US tariffs

The U.S. Department of Commerce dramatically increased tariffs on imports from Chinese solar producers operating in Vietnam after the agency concluded that China is subsidizing raw materials for its companies to use in their Vietnamese factories.

Meridian to proceed with $206 million Ruakākā Solar Farm

Construction of New Zealand-headquartered Meridian Energy’s 120 MW Ruakākā Solar Farm is set to begin in August 2025, following the project reaching a final $206 million investment decision.

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Solar’s exponential growth disrupts global energy markets in 2024

Australian think tank Climate Energy Finance (CEF) says global energy markets are being reshaped by solar’s disruption, which is happening at speed, turbocharged by battery energy storage system firming.

Sydney basketball association scores interest-free solar and battery loan

The City of Sydney Basketball Association has a new donor-enabled 39.78 kW solar and 25.6 kWh battery system, funded via an interest-free loan from the national climate action charity CORENA.

IKEA Australia Sydney warehouse furnished with hybrid solar and battery system

IKEA Australia has partnered with Smart Commercial Solar to install a $2.9 million, 2,034 kW rooftop solar and battery energy storage system on a western Sydney distribution centre.

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Rooftop solar capacity in 2024 Australia tracking to 3.2 GW record: regulator

The Clean Energy Regulator’s quarterly carbon market report finds rooftop solar capacity in 2024 is likely to have been about 3.2 GW and could set an Australian record.

Equis reaches financial close and starts build of 500 MWh Calala BESS

Melbourne-headquartered infrastructure developer Equis Australia has reached financial close and commenced construction on the 250 MW / 500 MWh Calala battery energy storage system, and an offtake agreement with Smartest Energy.

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$70 million fund opens to innovate heavy industry decarbonisation

Only innovators need apply: ARENA opens second round of industrial transformation stream funding offering $70 million to support technology development to help industry decarbonise.

Solar panel installation costs remain near all-time lows: Solar Choice

The March 2025 Solar Choice Price Index shows solar panel prices per watt nationwide, except in Tasmania, continue to follow a trend since December 2020 of remaining below the $1 mark, and currently sit at $0.90 per watt.

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