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.