The New South Wales government has given final planning approval for a 250 MW solar farm and 150 MW / 600 MWh battery energy storage system being developed by Canadian Solar in the state’s Southern Tablelands region.
Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial commitment in the third quarter of 2024.
Research from the National University of Singapore indicates that Singapore could reach its 2 GW solar installation target by 2028, ahead of its 2030 deadline. The study suggests that the government could increase its long-term solar goals by adopting policies that promote better area utilisation, subsidies, and advancements in panel efficiency.
The New South Wales coastal city of Newcastle is seeking expressions of interest from relevant service providers for its ‘bulk buy’ community renewables program to supply and install affordable renewable solutions.
The new Queensland government says it is investigating opportunities to build multiple smaller, more manageable pumped hydro projects after formally scrapping the 5 GW / 120 GWh Pioneer-Burdekin pumped hydro project slated for the state’s central coast.
Chinese manufacturing giant Trinasolar says it could be making panels in Australia as soon as 2027 as part of its joint-venture plans with Sydney-based PV innovator SunDrive Solar.
The International Energy Agency Photovoltaic Power Systems Programme says in its latest report that 2023 was a record-breaking but tumultuous year for solar development. It says the manufacturing industry faces pressure from supply-demand imbalances, with overcapacity causing prices to collapse.
The preferred easement for the 240-kilometre Victorian section of the Victoria to New South Wales Interconnector West transmission line project has been released by Transmission Company Victoria.
The International Energy Agency’s latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolysers, and heat pumps will rise from $1 trillion in 2023 to more than $3 trillion by 2035.
Labelled the “most difficult” in the world, Australia’s regulatory environment and grid connection process for new large-scale renewable energy generation and storage has also been lauded as the standard bearer for the global market.
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