Dutch investment giant APG pumps $1 billion into Australian renewables platform
Dutch pension fund giant APG Asset Management has committed more than $1 billion to expand the renewable energy platform of developer Octopus Australia.
CSIRO report shows firmed renewables remain lowest-cost option
Australia’s national science agency has reaffirmed its assessment that solar and wind energy backed by storage and transmission remain the lowest-cost new-build electricity generation technologies.
Tindo teams with UNSW to boost TOPCon cell performance
South Australia-headquartered solar panel manufacturer Tindo Solar will work with the University of New South Wales to accelerate the development of TOPCon solar cell technologies, targeting improvements in reliability and performance.
CleanPeak secures $500 million to grow solar and storage platform
Global investment firm KKR has committed $500 million to partner with Australian renewables company CleanPeak Energy and support the growth of its distributed energy platform, focusing on solar, battery energy storage, and microgrid solutions.
Perth battery manufacturer plans major expansion
Perth-based energy storage and off-grid power system specialist Magellan Power has launched a $15 million funding round to boost its manufacturing capabilities and support a “significant expansion” of its operations across Australia.
Fronius launches new battery to boost energy independence in Australia
Austrian solar technology firm Fronius has launched its new home battery system in Australia, completing its solar ecosystem. The Fronius Reserva offers seamless integration with existing Fronius PV systems, aiming to enhance energy resilience for households and small businesses.
BP backs out of 26 GW green hydrogen plan in WA’s Pilbara
Global oil giant BP has quit the proposed Australian Renewable Energy Hub that would include the installation of up to 26 GW of solar and wind generation, much of which would have been used to produce green hydrogen and ammonia.
Customs officers seize 146 kg of meth hidden in solar panels
United States border officials at Los Angeles International Airport have seized 146 kilograms of methamphetamine concealed in a shipment of solar panels bound for New Zealand.
Advancing circular solutions for EV battery waste in Asia and the Pacific
The Asia-Pacific region is becoming a showcase for regional solutions. As electric vehicles rapidly gain traction, the region must confront a dual challenge: managing the environmental and health risks of end-of-life EV batteries, while actively pursuing the economic and technological opportunities of a circular economy.
Global average solar LCOE stood at $0.065/kWh in 2024, says IRENA
The International Renewable Energy Agency’s latest report finds little change in the global average levelised cost of electricity for utility-scale solar plants year-on-year, while the global average total installed cost of utility-scale solar projects fell by 11%.
