China hits 277.17 GW of new PV installations in 2024
China’s cumulative installed solar capacity hit 886.66 GW at the end of 2024, with 277.17 GW of new annual installations, up 45.48% year on year. The deployment surge exceeded forecasts, setting a new historical record for PV installations.
Quinbrook lands new finance for big Brisbane battery
Quinbrook Infrastructure Partners has closed a $722 million financing deal that will support the development of the early stages of a planned 760 MW / 3,096 MWh battery energy storage system being built in Queensland.
Ausgrid adds community battery to support solar
New South Wales network operator Ausgrid has added another community battery to its portfolio, powering up a 200 kW energy storage system in the Sydney suburb of Cammeray.
Big battery on target with giant transformers in place
One of Australia’s biggest battery energy storage projects is preparing to plug into Victoria’s electricity grid with two 335 tonne transformers now in place at the 1.6 GWh Melbourne Renewable Energy Hub.
AGA seals deal with Plug Power for 3 GW electrolyser system
Allied Green Ammonia has signed and sealed a purchase agreement with Plug Power to supply 3 GW of electrolyser capacity for its large-scale green hydrogen production project being developed in the Northern Territory.
Solis releases three-phase string C&I inverters with fuseless design
The Chinese inverter manufacturer said its new inverters have an MPPT current of up to 54 A and support more than a 150% DC/AC ratio. The new products also feature a maximum efficiency of 98.8% and a European efficiency rate of 98.3%.
New tool tips solar to supply 50% of global energy demand by 2035
Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modelling tool that also predicts solar costs will continue falling by 10% a year.
Costs climb for NSW-SA grid interconnector
Transgrid has confirmed the cost of the New South Wales section of Project EnergyConnect has climbed to $3.6 billion, well above the $1.82 billion price tag that was originally approved.
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.
