In its final ruling, domestic manufacturing of solar ingots and wafers have been included with a 25% tax credit under Section 48D of the Advanced Manufacturing Investment Credit rules.
Renewable energy developer SunCable has today (22 October) received conditional approval from the Singaporean government’s Energy Market Authority (EMA) to import renewable energy generated from solar PV via the Australia-Asia PowerLink (AAPowerLink) interconnector.
Australia’s energy minister Chris Bowen revealed today (21 October) that the federal government is seeking 10GW of capacity from energy storage, wind, and solar PV in the next Capital Investment Scheme (CIS) tender round.
Australia has topped the international leaderboard in scaling electricity generation from low-emission and clean technologies, with growth between 2018 and 2023 at just over 100%.