Storage

Australia’s New South Wales has increased its renewable energy targets to 16GW of new clean power generation by 2030 and 42GWh of long-duration energy storage (LDES) by 2034.

Independent power producer Arevon Energy has powered the second phase of the Eland solar-plus-storage Center in Los Angeles, California.

Utility AES Andes has started construction on two renewable energy projects in Chile, with a combined 1.3GW of capacity.

Fluctuations in solar generation and energy prices during July’s heat dome in the US highlight the need for more nuanced data, says Solargis.

Western Australia network operator Western Power has confirmed it has granted two more network connection offers to two new large-scale renewable energy projects, bringing its total for 2024/25 to 759MW.

Spanish energy firm Zelestra and Portuguese utility EDP have signed what they call the “first” solar-plus-storage power purchase agreement (PPA) in the Spanish renewables market.

According to a report from the International Renewable Energy Agency (IRENA), the global levelised cost of electricity (LCOE) for solar PV reached US$0.043/kWh in 2024.

2025 will be the first time in over a decade that solar power additions decline in the EU, according to a mid-year report from SolarPower Europe.

AEMO has reported a record-breaking surge in new renewable energy generation and storage assets reaching full operation within the NEM.

Swedish solar developer OX2 has been approved for a 90MW solar-plus-storage site in New South Wales via Australia’s EPBC Act.