Australia's utility-scale solar sector must halve generation costs to around AU$25-30/MWh (US$18-22/MWh) to unlock a pipeline of projects capable of delivering the 10GW of annual capacity additions needed for decarbonisation, according to the Australian Renewable Energy Agency (ARENA).
Australia’s New South Wales government has introduced legislation to accelerate the delivery of renewable energy infrastructure as the state's coal-fired power stations prepare to exit the system.
Masdar has signed an agreement with Emirates Water and Electricity Company (EWEC) to accelerate the deployment of more than 30GW of solar PV capacity and over 8GW of battery storage in the UAE.