solar au

Australian software company OpenSolar has expanded its partnership with fintech lender Plenti Group to give Australian solar installers the option to offer customers access to zero-interest payment plans in a bid “to make solar accessible to more people as quickly as possible”.

With new modelling by PricewaterhouseCoopers Australia revealing that businesses will spend $3.7 billion on advisory services supporting their transition to a clean economy by 2030, the firm has launched a new unit designed to help facilitate the nation’s successful transition to a decarbonised economy.

The quickening exit of coal-fired generation from Australia’s energy mix – with 60% of capacity expected to be withdrawn from the National Electricity Market by 2030 – has emphasised the need for significant investment in renewable energy generation, storage, transmission, and system services.

The Australian arm of Spanish energy giant Iberdrola has broken ground on its 190 MW Avonlie Solar Farm with the ‘golden rows’ of solar panels installed at the project being developed in the New South Wales Riverina region.

Australian energy giant AGL Energy has revealed that Canadian fund manager Brookfield Asset Management has acquired a more than 2.5% stake in the power producer, renewing speculation it may mount a fresh tilt to take over the company.

The Australian Energy Market Operator has declared approximately $12.7 billion of investment in new transmission lines should begin “as urgently as possible” to accelerate the transition to renewable energy and energy storage, replace exiting coal-fired power plants, and deliver a more efficient and effective grid in eastern and south-eastern Australia.

The operator of the 150 MW/193 MWh Hornsdale Power Reserve in South Australia has been fined $900,000 after being sued by the Australian Energy Regulator for failing to deliver on its promise of providing services essential to maintaining the stability of the power grid.

Germany’s Institute for Solar Energy Research Hamelin has confirmed that Longi’s new n-type heterojunction solar cell has achieved a power conversion efficiency of 26.5%.

South Australia utility SA Water has energised another solar PV plant as part of a $300 million solar investment designed to save on both costs and carbon. switching on a 10.3 MW solar system at its Rocky Gully pump station near Murray Bridge in the state’s south-east.

Queensland government-owned generator CS Energy has announced plans to build the largest grid-scale battery in the state at Greenbank in Brisbane’s outer southern suburbs. The 200 MW/400 MWh project will be delivered in partnership with Queensland network operator Powerlink.