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.
Oil and gas major bp has confirmed it will exit the Australian Renewable Energy Hub (AREH), a 26GW wind, solar and green hydrogen project planned for Western Australia.
Spanish independent power producer (IPP) Zelestra has begun commercial operations at its 435MWdc Gorbea solar project in the state of Rajasthan, India.
The Queensland government has continued to crack down on renewable energy projects by enshrining new planning rules for solar PV into law, which strengthen social licence requirements.
