Solar demand growth has been pulled back by policy changes and uncertainty but capacity additions in 2025 should still eclipse 2024. InfoLink’s Jonathan Chou examines the leading regions for solar installations.
Four Victorian businesses manufacturing renewable energy technology components and products have been awarded grants through the state’s $1 million Made In Victoria energy technologies manufacturing program.
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
The New South Wales government has released updated planning guidelines for large-scale renewable energy projects following criticism that the previous framework was slowing the state’s transition away from coal-dominated generation.
French energy company TotalEnergies has won approval from the New South Wales Independent Planning Commission for a 320 MW solar farm and 320 MW / 780 MWh battery energy storage system to be built in the state’s New England region.
The federal government says new standards have been approved that will allow vehicle-to-grid charging in Australia – enabling electric vehicles to not only charge but also supply power back to homes or the electricity grid – by the end of the year.
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.
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