The Australian Renewable Energy Agency has been directed to consider more funding for residential solar and battery energy storage systems as the federal government examines how best to expand household electrification projects around the country.
Victorian electricity and gas network company AusNet Services is turning to solar and battery energy storage systems to improve energy reliability in communities serviced by its electricity distribution network.
Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
Australian manufacturer of lithium titanate oxide batteries Zenaji says the LTO battery market is projected to reach $5.8 billion by 2032, with a compound annual growth rate of 12.6%, and its Eternity battery system is ready to catch that wave.
Researchers in Italy have analysed the techno-economic viability of enhancing three pumped hydro plants in Italy with floating solar on the lower basin. They say that, with their wide results, consequences could be extrapolated to similar regions.
Sydney-headquartered gentailer AGL Energy has announced the acquisition of Australian-owned EV software platform Everty, which specialises in full-service charging and energy management solutions for electric vehicles.
A $2 billion allocation from the Australian government to its ‘green bank’ Clean Energy Finance Corporation will boost investment commitments in renewable energy generation and storage, electric vehicles, infrastructure and natural capital.
Local suppliers in Tasmania and Victoria are being invited to register interest in subcontracting to the Marinus Link project after two consortiums were shortlisted for the final major tender for the 750 MW first stage.
An executive order released by the newly installed United States government states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022.”
Proposed solar projects in the 2.5 GW South West Renewable Energy Zone are closer to having their future clean energy generation unlocked by Transgrid’s HumeLink project following news Hitachi Energy will provide high voltage technology for the scheme.
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