In December 2024, Australian utility-scale solar PV and wind assets generated 4,551GWh for the month. David Dixon, a senior analyst at Rystad Energy, stated that New South Wales was the best-performing state.
Australia’s Essential Services Commission (ESC) proposes dropping the minimum flat feed-in tariff for solar PV to AU$0.04/kWh from 1 July 2025-26, down from the current AU$3.3/kWh in 2024-25.
The Australian Energy Market Commissioner (AEMC) has released a final determination to enable virtual power plants (VPPs) to compete directly with large-scale generators in Australia’s energy market.
Energy generation and storage developer Estuary Power has closed a US$340 million financing package for a 185MW solar-plus-storage project being constructed in Lincoln County, Nevada, US.
India-based Gensol Engineering has secured an engineering, procurement, and construction (EPC) contract for a 275MW solar PV plant in the Indian state of Gujarat.
Lumea, the commercial entity of Australian transmission system operator Transgrid, is set to connect one of New South Wales’ largest solar PV power plants to the National Electricity Market (NEM).