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Markets & Policy

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.

Perth-based Talga strikes deal with European lithium-ion battery giant

Perth-based graphite anode producer Talga has allied itself with European lithium-ion battery giant Farasis Energy Group as the market in Europe for sustainably sourced electric vehicles continues its rapid rise.

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NSW seeks expressions of interest for 3 GW renewable energy zone

Solar, wind and energy storage companies have until June 5 to express interest in building parts of the 3 GW renewable energy zone in New South Wales.

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Solar parks may have better biodiversity impact than intensive monoculture farming

A research project in the Netherlands is seeking to assess the impact of large scale PV projects on soil quality and biodiversity. Principal scientist Wim Sinke, of Dutch research center TNO, says well-designed and operated and maintained solar parks could prove to have better outcomes than monoculture farming.

Solar leads Australia’s energy transition as renewables set new record

In 2019, renewables continued to undermine the dominance of coal on the Australian grid and surged on the back of a massive 46% year-on-year jump in solar power, according to the latest data from the federal Energy Department.

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Sun Cable to build Darwin megabattery

Following hot on the heels of Sun Cable’s awarding of its unprecedented cable route survey contract to Guardian Geomatics Pty. Ltd., the company has also announced planning approval for a Darwin megabattery to form an integral part of its Australia-ASEAN Power Link.

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