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Markets & Policy

Extra 33,000 electricity workers needed to match 2029 clean energy demand

The Australian Skills Guarantee has been identified by a RACE 2030 report as one solution to help boost, and double to 63,000 by 2029, the number of skilled electricity workers needed to deploy clean energy projects.

Australian’s clean energy optimism high but future reliability a concern: survey

A 10-country, intergenerational survey has found Australians are willing to adopt renewable energy initiatives, but worry about its affordability, reliability, and understanding about clean energy, particularly among older generations.

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US solar industry on track to install 250 GW in five years

According to the United States Solar Market Insight Q3 2024 report, in the two years since passage of the Inflation Reduction Act the solar industry has added 75 GW of new capacity to the grid, representing more than 36% of all solar capacity built in nation’s history.

Battery-electric locomotive and mining vehicles fast track Fortescue’s 2030 goals

Perth-based mining giant Fortescue has fast tracked its zero emission goals through a $4 billion dollar battery-electric vehicle deal with Swiss company Liebherr and a joint venture to build a battery-electric locomotive, with Sydney-based engineering company Downer.

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$65 million boost for Queensland long-duration battery manufacturing plant

Australia’s first commercial-scale manufacturing plant for grid-scale, long-duration batteries being built by Energy Storage Industries Asia Pacific has received a $65 million boost through Queensland government and private investment.

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New added renewables capacity tipped to exceed 7 GW in 2024

New data from the Clean Energy Regulator shows Australia is on course to add more than 7 GW of renewable energy generation capacity this year, almost double what was previously anticipated.

Reaping agrisolar success in Australia relies on policy reforms: report

A New South Wales-based Agrivoltaics Resource Centre report reinforces utility-scale developments can successfully co-exist with agriculture but improvements to development application processes could pave the way for better project outcomes.

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Perth miner lands $243 million US government grant

Australian manganese miner Element 25 has been granted $243 million by the United States government to support the development of a refining facility that will transform the metal into a battery-grade product.

Quinbrook picks GE Vernova for 1 GWh Supernode battery stage

Quinbrook Infrastructure Partners has tapped United States-headquartered energy equipment manufacturer GE Vernova to deliver an integrated battery energy storage system solution for the 250 MW / 1,000 MWh second stage of its Supernode project being developed in southeast Queensland.

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$50 million funding to boost clean energy supply chain

The Australian government will in November open applications for a $50 million funding program that is to support the development of more diverse solar PV, hydrogen electrolyser and battery supply chains in the Indo-Pacific region.

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