The Victorian government’s Solar Homes rebate program continues to reach new heights with more than 78,000 rooftop PV, solar hot water and residential battery systems installed in 2024 – the most successful year on record.
The ground-mounted 75 MW project features more than 136,000 solar panels deployed across an 80-hectare site. Retail electricity units belonging to Philippine power company AboitizPower will offtake the energy produced.
The 185 MW / 370 MWh Koorangie battery energy storage project in Victoria has reached a major milestone with developer Edify Energy confirming the system has successfully exported power to the grid for the first time.
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
Radovan Kopecek, an expert on back-contacted (BC) solar cell and module technologies, spoke with pv magazine about BC manufacturing costs, efficiency and technical challenges. He believes that global BC solar module manufacturing capacity could reach 1 TW by 2030, potentially making BC products the industry’s mainstream technology. Kopecek added that 2028 will be a crucial year for its development, as most of the critical patents associated with this module tech will expire.
The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
Utility-scale solar installations reached 182 GW (AC) in 2024, with the top 33 countries now accounting for 765 GW, or roughly 93% of the global total, according to Wiki-Solar.
A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
China exported 235.93 GW of PV panels in 2024, a 13% increase over the previous year. Of this, 68.11 GW of modules were shipped to the Aisa-Pacific region, up 26% from 2023.
Vast Renewables has successfully completed large-scale testing of a concentrated solar thermal power receiver tower destined to be deployed as part of a 30 MW / 288 MWh solar and energy storage project planned for South Australia.
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