Wood Mackenzie forecasts 77 GW of floating solar by 2033
Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.
3.4 TW of solar and wind can support $700 billion clean energy exports opportunity
Victoria-headquartered not-for-profit think tank, the Superpower Institute, has found Australia’s total potential revenue from clean energy exports is about $700 billion at today’s levels of industry output – or $1 trillion at forecast 2060 levels of output.
Call for federal battery storage rebate scheme targets a million installs by 2030
A national battery rebate scheme, with a target of a million household and business installations by 2030, has been proposed to the Australian government on the back of a community-based Solar Citizens petition.
China export tax rebate cut tipped to send PV prices up
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
Farmers and regional communities forecast to reap billions from clean energy shift
Payments to farmers and landholders hosting large-scale renewable energy projects across Australia’s main electricity grid are expected to top $1 billion by 2030 and could reach up to almost $10 billion by 2050.
ClearVue teams with Chinese manufacturer to scale global expansion strategy
Australian solar window maker ClearVue Technologies continues to ramp up its global expansion plans, striking a manufacturing agreement with China-based glazing specialist Maxblue Industrial Glass.
Thornova Solar starts cell, module production in Indonesia
United States manufacturer Thornova Solar has started producing solar cells and modules in Indonesia. CEO William Sheng says the move is in line with changing US market regulations. It plans to supply customers with cells and modules from Indonesia, Laos or the US by mid-2025.
Iberdrola strikes renewable energy supply deal with 13 NSW councils
The Australian arm of Spanish energy company Iberdrola has struck a renewable energy supply agreement to provide 13 regional New South Wales councils with more than 390 GWh of electricity through to the end of 2030.
Lynas leads way with Australia’s first rare earths processing plant
Australia’s first rare earths processing plant has officially commenced operations with the $800 million Kalgoorlie facility expected to strengthen the nation’s place in the global critical minerals supply chain.
Australia pledges $125 million to support Pacific’s renewable energy shift
The Australian government has announced a $125 million funding commitment to help deliver off-grid and community scale renewable energy projects in remote and rural parts of the Pacific.
