Australia's National Electricity Market (NEM) broke records yesterday when renewables supplied 76.4% of total electricity demand, with solar power contributing nearly 60% of the record-breaking clean energy mix.
Research firm Rystad Energy has found that Queensland’s utility-scale solar PV power plants have dominated the best-performing assets, in terms of AC capacity factor, rankings for August 2025.
In August 2025, the final month of Australia’s winter, utility-scale and rooftop solar PV generation in the National Electricity Market (NEM) saw a dramatic 22.5% month-on-month increase to 3,338GWh.
Australia’s National Electricity Market (NEM) hit a record high for the combined utility-scale solar PV and wind share in the electricity mix on 30 August.
Meridian Energy and Nova Energy have completed agreements to establish a 50-50 joint venture (JV) to build and operate the 400MW Te Rahui solar PV power plant near Taupō, New Zealand.
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of renewable energy and storage projects to its portfolio.
