The rapid development of distributed and large-scale solar has resulted in an improved reliability outlook for the majority of Australia as it prepares to enter summer.
Ongoing project performance issues and tumbling power price forecasts cost renewables infrastructure investor John Laing £95 million (US$124.61 million) in the first half of the year.
Hit by grid connection challenges, large-scale renewable energy projects committed in Australia in the second quarter of 2020 were at their lowest level since 2017, according to new data from the Clean Energy Council.
Energy tech company AES has made a strategic investment in 5B, an Australian energy start-up that manufactures modular ‘plug and play’ solar solutions.
Australia’s distributed renewables base could treble and more than 26GW of grid-scale renewables will be needed as the Australian electricity market evolves over the next two decades, a comprehensive review conducted by the country’s market operator has concluded.
Neoen’s solar revenues soared by 34% in H1 2020 as the independent power producer (IPP) reaffirmed its goal of having 5GW in operation or construction by the end of next year.