Australian renewable energy and storage developer Genex Power has been acquired by Japanese power company J-Power in a deal worth AUS$351 million (US$229 million).
Ark Energy, a renewable energy developer, has submitted a development application for a 500MW solar-plus-storage project in Myrtle Creek, in north New South Wales, Australia.
The Australian Energy Market Commissioner (AEMC) is proposing to enable virtual power plants (VPPs) to directly compete with large-scale generators in the energy market, which could aid solar PV’s role in decarbonising Australia.