Tongwei to acquire Runergy
Chinese solar module maker Tongwei has presented a CNY 5 billion ($1.06 billion) offer to acquire rival manufacturer Runergy. If successful, the transaction will be the largest merger and acquisition deal in the PV sector this year.
AGL accelerates clean energy shift with 8.1 GW acquisition
Energy giant AGL has stepped up its transition away from coal and gas, adding a development pipeline of more than 8 GW of large-scale solar and battery energy storage projects to its portfolio with the acquisition of two Australian renewable energy developers.
Autonomous energy storage software update empowers multi-GWh projects
Finland-headquartered technology company Wärtsilä Energy has launched an upgrade of its GEMS digital energy platform, which the company says can transform the way GWh-scale battery energy storage projects are managed in Australia.
Equis eyes construction start for 800 MWh battery in Queensland
Singapore-headquartered clean energy investor Equis plans to begin building a four-hour duration battery in Queensland later this year as it pushes ahead with the development of a portfolio of 17 battery projects with a combined capacity of 4.4 GW across Australia.
26 GW green hydrogen hub among trio awarded major project status
A proposal to build a renewable energy hydrogen project including 26 GW of solar and wind capacity in Western Australia’s Pilbara region is to benefit from a streamlined approvals process after it was awarded major project status by the federal government.
Victorian rooftop solar uptake exceeds five million panels and 2 GW of power
Uptake of Victorian rooftop solar rebates sees five million individual solar panels installed across the state, doubling the output of the brown coal Yallourn power station to generate 2 GW of power to date.
Stanwell powers ahead with 1,200 MWh battery project
Construction has commenced on a 300 MW / 1,200 MWh battery energy storage system being built alongside the coal-fired Stanwell Power Station in central Queensland as the state government looks to scale up energy storage capacity to support the transition to renewables.
New solar project gives momentum to South Australia’s 2027 renewables target
A proposed 300 MW solar farm northeast of Adelaide is on public exhibition with the South Australian planning authority and will complete the approved Robertstown solar and battery storage project, playing its role in the state’s 100% renewables by 2027 target.
Rooftop solar reaches 81% high as demand hits record low
Power production from rooftop solar continues to reach new milestones, meeting more than 80% of South Australia’s electricity demand at the weekend – the highest yet share in winter.
The Pilbara urgently needs common use transmission infrastructure: report
Urgently decarbonising and electrifying Australia’s iron ore industry in the Western Australia Pilbara region with common-user transmission infrastructure, is highly recommended by a new Climate Energy Finance report.
