RACV adds virtual power plant services to suite of membership offerings
RACV has added virtual power plant (VPP) services to its catalogue of membership offerings and follows integration of the FCAS-friendly PowerSync platform with solar and battery installations at RACVs Torquay and Inverloch resorts in Victoria.
Rooftop solar install rates end year on high
Australia’s rooftop solar market finished 2024 on a high with about 309 MW of monthly installations delivering one of the best December totals of recent years and putting the national trend back on the up.
Where will lithium-ion battery prices go in 2025?
After tumbling to record lows in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilisation.
Sungrow launches new inverter for C&I applications
Sungrow has launched a new inverter for commercial and industrial applications that it says achieves 98.8% efficiency and 98.2% European efficiency.
ZEN Energy, HDRE joint venture targets 1.4 GW of solar and storage
The scope of Zen Energy’s fledgling collaboration with Taiwan’s HD Renewable Energy has expanded with the two parties launching a joint venture that is targeting the development of 400 MW of solar and 1 GW of energy storage capacity in Australia.
Australian utility-scale battery deployment surges past solar, wind – falls short of requirements
Big BESS is booming in Australia, with almost 5 GW of projects under construction last year, according Rystad Energy. While encouraging, the analyst reports that the volume remains insufficient to overcome growing rates of renewable curtailment. “We have around 3 GW operational at the moment, but about half of that is still in commissioning. So you still only have 1.5 GW on the market where the average load is 23 GW,” Rystad Energy’s David Dixon said.
AVL wins EPA approval for vanadium project
Australian Vanadium Limited’s plan to establish a major vanadium mine in Western Australia’s mid-west have firmed up with its proposal receiving the tick of approval from the state’s Environmental Protection Authority.
Marinus Link lodges DA as project costs continue to climb
Plans to build a new electricity transmission link between Tasmania and mainland Australia have progressed with Marinus Link Pty Ltd lodging a development application for a converter station to be built in Tasmania’s northwest.
Fastest energy change in history continues
Solar and wind are being installed at a rate that is three times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.
Victorian regulator to slash rooftop solar feed-in tariffs
Owners of rooftop solar arrays in Victoria could soon get almost nothing for exporting their excess power into the grid with the Essential Services Commission releasing a draft decision that would slash payments in response to the rapid uptake of the technology.
