Former Australian prime minister Julia Gillard has been named chair of a multi-billion renewable energy fund that is aiming to build a 15 GW portfolio of assets including wind, solar, and battery storage over the medium term.
The federal and state governments are stepping up their investments as they seek to deliver the army of skilled workers required to build the solar and wind farms, rooftop solar, battery storage and transmission infrastructure needed to achieve Australia’s renewable energy and emissions targets.
As Australia’s rapid renewable energy rollout continues, so too does debate over land use. Nationals Leader David Littleproud, for example, claimed regional areas had reached “saturation point” and cannot cope with more wind and solar farms and transmission lines.
Akaysha Energy has secured $250 million in new financing that will accelerate the development of two large-scale battery projects in Queensland set to add a combined 710 MWh of energy storage capacity to the National Electricity Market.
Researchers at the University of New South Wales claim to have identified three TOPCon panel failure types that are absent in PERC products. They explained that these failures may occur when the modules are exposed to high humidity and contaminants before encapsulation.
China’s energy landscape is undergoing a staggering transformation propelled by its leadership in cleantech innovation, declining costs in renewable energy technologies and a massive acceleration of its renewables build out, underpinned by central policy support that sees decarbonisation as a key economic goal.
The renewables arm of Singapore-based fund manager Cambridge RE Partners has unveiled plans for its first Australian project, announcing it has submitted a development application to establish a 300 MW solar farm in northern Queensland.
Australian clean energy developers Atmos Renewables and Nomad Energy have received the green light for a 100 MW, four-hour battery energy storage system to be built near Merredin in Western Australia’s central Wheatbelt region.
In 2023 solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined.
The International Energy Agency has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
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