Markets & Policy

The Philippines’ Department of Energy says that at least 105 renewable energy projects, including 53 solar projects, face termination for failing to comply with timelines.

The Australian government will supercharge its program of underwriting renewable energy generation and clean dispatchable capacity by significantly expanding the next auction in its flagship Capacity Investment Scheme policy.

The Institute for Essential Services Reform says Indonesia’s solar industry has faced a downturn over the past two years, but policy reforms should accelerate solar deployment in the coming years. The think tank’s latest report states that 16.92 GW of projects are currently in the pipeline across the country.

The New South Wales government will pump up the state’s long-duration energy storage capacity target to 28 GWh by 2034 as it prepares for the exit of coal-fired power generation and greater renewable energy integration.

The volume of large-scale battery energy storage projects under construction in Australia passed that of solar and wind projects combined in 2023 and the trend has intensified this year, with batteries attracting federal support. As coal-fired power plants are shuttered, developers and suppliers are enjoying a battery bonanza.

New South Wales-headquartered commercial solar company Symmetry Solar has completed the installation of a 235 kW system at Canberra’s Australian War Memorial as part of the facility’s $550 million upgrade.

Australia tops the leaderboard for reducing its use of unabated fossil fuels and increase in clean power through sources like solar energy, and faster than electricity demand, according to the International Energy Agency’s World Energy Outlook 2024 report.

The decline of rooftop solar certificate trading platform Greenbot has triggered a shift in the small-scale technology certificates market with new analysis revealing that former competitors Formbay and One Stop Warehouse have picked up much of the embattled aggregator’s clientele.

The federal government has committed $5.4 million in funding to support the creation of a fully electrified community on the New South Wales south coast with the pilot project to provide crucial insights on the shape of Australia’s future energy system.

New South Wales distributed network service provider Essential Energy and Australia’s national science agency CSIRO have partnered to investigate how vehicle-to-grid technology can be best integrated as part of a wider home energy management system and support the energy system of the future.