Global average solar LCOE stood at $0.064/kWh in 2023, says IRENA
The weighted average levelised cost of electricity of utility-scale solar PV in Australia was 22% lower than the global average according to a new report published by the International Renewable Energy Agency.
Hinen unveils all-in-one home energy storage solution
Chinese manufacturer Hinen has launched an integrated battery energy storage system with power options ranging from 3.6 kW to 25 kW for on- and off-grid residential applications.
UK developer seeks EPBC approval for 2.5 GWh Victorian battery
Plans to develop a 2.5 GWh battery energy storage system in Victoria’s southwest have joined the queue for assessment under the federal government’s Environment Protection and Biodiversity Conservation Act.
Soltec enters pre-insolvency as Spanish regulator halts trading of shares
Spanish PV company Soltec has entered pre-insolvency proceedings to negotiate with creditors, and Spain’s National Securities Market Commission has suspended trading of its shares until it releases its first-half 2024 financial results.
The shifting sands of PV module supply
Chinese solar manufacturing capacity faces a downturn that is unlikely to translate into growth in other regions, writes S&P’s Edurne Zoco.
120 MW solar farm in far north New Zealand gets green light
New Zealand-headquartered utility Meridian Energy has been granted resource consent to build a 120 MW solar farm in Tai Tokerau Northland, 140 kilometres north of Auckland and is Stage 2 of its Ruakākā Energy Park.
Electric mine-site graders to be powered by Fortescue Zero battery system
Canadian-headquartered underground heavy vehicle manufacturer MacLean, will deliver 30 electric powered graders to Australian resources giant Fortescue’s Western Australian mining operations toward a shared goal of Real Zero emissions by 2040.
Heavy vehicle energy transfer system to trial at BHP Australian mine sites
Australian mining giant BHP will begin trials at their mine sites of a dynamic energy transfer system on battery electric and diesel electric mining trucks, which can also charge an electric haul truck’s batteries while the machine is on the move.
Prefabricated housing trials ClearVue’s building integrated photovoltaics
Perth-headquartered smart building materials company ClearVue Technologies is providing a combination of its building integrated photovoltaic technology and solar cladding panels in a prefabricated house trial trial.
Fortescue targets 2-3 GW of renewables to achieve its Real Zero by 2030 goals
Fortescue’s climate transition plan outlines comprehensive details of how the mining giant is, and will 100% eliminate fossil fuels from their Australian iron ore operations by 2030 using a number of measures, including solar energy. The plan states Fortescue’s belief is that all business should follow their example in committing to a date when they […]
