Utility-scale PV cheapest power source in Asia Pacific, says WoodMac
Wood Mackenzie says the levelized cost of electricity in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.
New body appointed to oversee solar installer accreditation scheme
The Clean Energy Regulator has announced that the newly launched Solar Accreditation Australia is the new accreditation scheme operator for the nation’s solar workforce – more than 9,000 installers and designers.
Glenrowan Solar Farm reaches full capacity in quick time
Less than 12 months after construction began in northern Victoria and the 102 MW Glenrowan Solar Farm has been completed and commissioned and is now operating at full unconstrained capacity.
Fortescue pushes back decision on Gibson Island hydrogen project
Fortescue and renewable energy developer Genex Power have again pushed back the sunset date on their 25-year solar supply deal for the 70,000-tonne green hydrogen production facility being developed at Gibson Island in Queensland.
Unlocking the green vault: Superannuation funds could be missing link in renewable energy progress
In recent weeks, the call from Climate Change and Energy Minister Chris Bowen to expedite planning decisions and approvals for new energy projects resonates as a crucial step towards Australia’s clean energy future. However, as we navigate through the challenges of meeting renewable energy targets, it is evident that more needs to be done.
ACEN lands loan to boost renewables expansion in Australia
Philippines-based energy company ACEN Corporation has secured a $150 million funding package that will bolster its plans to deliver a 9 GW portfolio of solar, wind, battery storage and pumped hydro projects in Australia.
Trina releases new version of Vanguard 1P solar tracker
TrinaTracker, a division of Chinese manufacturing giant Trina Solar, says its new Vanguard 1P tracker system has a maximum length of 140 meters and can be equipped with N-type modules.
Origin presses go on 650 MWh grid-forming battery in Victoria
Origin Energy has issued a notice to proceed to EPC contractor Fluence for its 300 MW / 650 MWh battery energy storage project planned for Mortlake in southwest Victoria, progressing the company’s goal to build its renewables and storage portfolio to 4 GW by 2030.
EDF to drive development of 3 GWh pumped hydro project
The Australian arm of French energy giant EDF Group has acquired and agreed to co-develop the proposed 300 MW / 3 GWh Dungowan pumped hydro energy storage project being progressed in the New South Wales New England region.
Vanadium battery players partner on Queensland manufacturing supply chain
Australian minerals company Vecco Group will team with Japanese manufacturer Sumitomo Electric and Idemitsu Australia to build an ‘end-to-end’ manufacturing supply chain for vanadium flow batteries in north Queensland.
