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Markets & Policy

Longi denies rumors about factory closures in Southeast Asia

Chinese manufacturer Longi says it is not shutting down its factory in Malaysia, nor it is idling its production lines in Vietnam, but it acknowledges that it is implementing production adjustments at these facilities.

Road trip showcases suitability of charging infrastructure for shift to EVs

A long-haul road trip along Australia’s east coast in an electric vehicle has demonstrated the nation’s readiness for the shift to full battery vehicles with the driver declaring the existing charging infrastructure has made range anxiety a thing of the past.

BE Power adds 9.6 GWh pumped hydro project to Queensland pipeline

Queensland’s pipeline of pumped hydro storage projects continues to grow with Victorian-based renewables company BE Power announcing plans to develop an 800 MW / 9.6 GWh project at Mount Alma near Gladstone.

Troubled solar-wind-storage park finally reaches full potential

After a near six-year delay, the 60 MW Kennedy Energy Park in north Queensland, hailed as Australia’s first fully integrated utility scale solar, wind, and battery project, has finally achieved full commercial operations.

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IEA urges countries to accelerate renewables deployment

A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.

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Project Symphony virtual power plant pilot hits right notes for future markets

A West Australian government virtual power plant technology pilot, Project Symphony, has successfully proven rooftop solar, batteries and major appliances can play an integral role in the state’s energy transition and create $920 million in value over the next decade.

Renewable developments not on track to meet targets: CEC report

After a lacklustre 2023, the Clean Energy Council’s new quarterly report paints a positive picture of renewable energy projects’ financial commitments, construction, and commissioning, but warns the numbers fall short of hitting the 82% renewables by 2030 target.

Queensland budget to gift a record $26 billion to accelerate energy transition

The Queensland state budget will deliver the nation’s largest yet green energy investment with a record $26 billion outlay over the next four years, with $8.6 billion ready to go in the next financial year.

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Warehouse rooftop solar and batteries could unlock 28 GW

An inert uptake of rooftop solar and battery storage by commercial and industrial business in New South Wales is a 7 GW opportunity missed, and nationally, 28 GW, says Nexa Advisory.

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Community solar to power up multinational company

Australia’s largest general insurance company has inked a power purchase agreement with Cleanpeak Energy that will source supply from the 1.5 MW Grong Grong Solar Farm in southwest New South Wales.

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