Rooftop solar on the rise in Australia’s clean energy mix
Combined rooftop solar capacity is now the second largest source of renewable electricity generation in Australia with new analysis showing that PV systems mounted atop the nation’s buildings provided more than 10% of the country’s power supply in 2023.
Report reveals 48.5 GW of untapped PV potential on Australian residential buildings
Australia has firmly established its status as a global leader in residential solar deployment with 35% of all houses having already installed rooftop systems but new data reveals there is almost 50 GW of “untapped PV potential” on residential buildings across the country.
Maxeon unveils TOPCon solar module series for rooftop PV
Maxeon said its new Sunpower Performance 7 panel series features a power conversion efficiency of up to 22.7% and an operating temperature coefficient of -0.29% C.
CATL unveils first mass-producible battery storage with zero degradation
China-based Contemporary Amperex Technology Co. (CATL) has launched its new TENER energy storage product, which it describes as the world’s first mass-producible 6.25 MWh storage system, with zero degradation in the first five years of use.
Genex backs new takeover bid from Japan’s J-Power
The company behind the 250 MW / 2 GWh Kidston pumped hydro project being developed in north Queensland has given the tick of approval to a $381 million takeover bid from Japanese energy giant J-Power.
Origin adds more renewables, storage to plug pending coal gap
Australia’s largest energy retailer Origin Energy Limited (Origin) has entered into an agreement with Belgian company Virya Energy to acquire the Yanco Delta renewables project that comprises an 800 MWh battery energy storage system coupled with a 1.5 GW wind farm in southern New South Wales.
Quinbrook closes first stage of 2 GWh Supernode battery project
Australian-owned renewable energy investor and developer Quinbrook Infrastructure has announced financial close and the start of construction on a 250 MW / 500 MWh battery energy storage system that will form the first stage of a $2.5 billion renewables-powered data storage precinct in Queensland.
Australia joins global clean energy race with new subsidy policy
The federal government has unveiled plans for a Future Made in Australia Act, proposing taxpayer-funded incentives to advance renewable energy industries, manufacturing, and infrastructure to stake Australia’s place in the global clean energy race.
Rooftop subsidies and rising costs present roadblocks for large-scale renewables
The head of one of Australia’s largest energy generators, retailers and developers has pointed to rising costs and uncertainty about recovering those costs as the cause of a drop in investment for large-scale renewables that threatens Australia’s clean energy goals.
Europe’s largest PV plant goes online
German investment firm Hansainvest Real Assets has switched on Europe’s largest solar plant – a 605 MW installation in Germany’s Saxony region. The project spans 500 hectares and operates under a power purchase agreement th Shell Energy Europe.
