Nestlé is the sole tax equity investor of the 326MW Stampede solar-plus-storage project and will also acquire the renewable energy attributes from the whole capacity of the solar PV plant.
According to data from the US Energy Information Administration (EIA) latest report “Preliminary Monthly Electric Generator Inventory”, solar PV accounted for 59% of all additions.
In Australia, the Victoria government detailed a new decarbonisation plan yesterday (21 August), with the aim of introducing around 7.6GW of rooftop solar PV generation by 2035.
Australian transmission system operator Transgrid has signalled in a new report that remote inland renewable energy zones (REZ) could provide an additional renewable energy source, such as solar PV, in the mid-2030s.
Renewable energy developer Sun Cable has secured approval from the Australian government for the Australian element of its Australia-Asia Power Link (AAPowerLink) interconnector.
Analyst firm BloombergNEF has cautioned that Australia requires around A$2.4 trillion (US$1.6 trillion) investment to reach net zero, with solar PV and wind installations to reach 290GW by 2050.
The Shallow Basket Energy project is built on land leased from the Jicarilla Apache Nation and includes a 50MW dedicated battery energy storage system (BESS).
Renewable energy developer Acen Australia has seen the New South Wales Independent Planning Commission (IPC) approve its 600MW Birriwa solar-plus-storage project.
