News

The global weighted average LCOE of utility-scale PV plants fell to US$0.044/kWh in 2023, a 12% year-on-year decline from 2022.

Researchers from Fraunhofer ISE have developed a perovskite silicon solar cell with a power conversion efficiency of 31.6%.

Australia’s Energy Corporation of New South Wales (EnergyCo) has granted a transmission operator’s licence to the ACEREZ Partnership for the Central-West Orana Renewable Energy Zone (REZ) transmission project.

Victoria-based electricity distribution company Powercor has been granted a new transmission licence to connect large-scale solar PV, wind generation, and battery energy storage, in Australia's southern state.

Chinese module manufacturer JA Solar has inked a 1GW solar PV module distribution agreement with Australia’s One Stop Warehouse (OSW), covering the European, US and Asia-Pacific markets.

Located in Clay County, Origis will develop, construct and operate the Hope Solar + Storage project with a BESS capacity of 200MW/800MWh.

Located in the central region of Lazio, Italy, the solar PV project is targeted to be constructed by 2026.

Australia’s Clean Energy Regulator (CER) has revealed that over 7GW of renewable energy capacity could be added in the country by the end of 2024.

Australian investment bank Macquarie Asset Management (MAM) is set to invest up to US$1.73 billion to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI).

Insurer kWh Analytics has launched a US$2.4 million initiative to “develop innovative approaches” to improve the resilience of PV projects.