Large-scale solar delivers generation high
Large-scale solar farms across Australia generated a record 16.2 TWh of clean energy in 2024, delivering a near 7% increase on the previous year and taking the contribution from renewables to a new record high.
CEFC unlocks $13.3 billion in six months to supercharge clean energy economy
The Australian government’s Clean Energy Finance Corporation is on track to deliver $13.3 billion in investment across the renewable energy economy, after closing off $3.8 billion in new commitments in the six months to December 2024.
Gamuda-Ferrovial JV secures deal for 12 GWh pumped hydro project
Malaysian engineering group Gamuda, in partnership with European civil engineering outfit Ferrovial, has signed an agreement with Capricornia Energy Hub to develop a 12 GWh pumped hydro storage system in Queensland.
ARENA directed to consider suburb-wide solar and storage projects
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.
AusNet invests in solar and storage to support energy security
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 tips solar growth to stagnate in 2025
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.
Zenaji ready to ride future lithium titanate oxide battery wave
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.
Pairing pumped hydro storage with floating solar is good economics: study
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.
AGL backs future of electric vehicles in Australia with acquisition of Everty
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.
Green bank gets $2 billion windfall to boost further investment in clean energy
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.
