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.
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.
Energy infrastructure provider GenusPlus Group has landed a $270 million contract to deliver a “critical” upgrade of Western Australia’s main electricity network as part of the state government’s plan to unlock existing renewable generation capacity, and allow the addition of new renewables to facilitate the retirement of coal-fired generation.
Amid record-low prices for solar modules, the focus of cost reduction for utility-scale solar projects is shifting to non-module balance-of-system (BoS) expenses. A transition from 1.5 kV voltage to 2 kV in solar projects is expected to gain traction through 2030.
Australia is on the cusp of a once-in-a-generation transformation, as our energy systems shift to clean, renewable forms of power. First Nations peoples, the original custodians of this land, must be central to – and benefit from – this transition.
Renewables player Quinbrook Infrastructure Partners has lauded the newly legislated Future Made in Australia Bill as a critically important initiative that can position Australia at the core of global clean energy supply chains.
An employee of a solar company based in western Sydney has been charged after allegedly stealing, and then selling, $1.2 million worth of solar panels.
Tasmania’s first large-scale solar project has been locked in with project developers TasRex reaching a commercial offtake agreement with state-owned utility Hydro Tasmania.
Emissions from steel production each year equal those of a major developed economy. Yet steel is a crucial material to support the energy transition, among its many other applications – making its supply essential. Enter green steel, the production of which interrelates with solar, wind, and green hydrogen in intriguing ways.
Registration for the Australian government’s fourth Capacity Investment Scheme tender is now open with this latest competitive auction for underwriting contracts targeting 6 GW of new solar and wind projects.
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