The Australian Renewable Energy Agency (ARENA) launched its new investment plan prioritising how to use US$800 million worth of funds in the next few years, with solar PV innovation one of the main new areas of focus.
Distributed energy technologies such as solar and battery-based storage could save Australia AU$101 billion (US$75 billion) by 2050 and completely eliminate greenhouse gas emissions, according to a new report from the government's scientific R&D agency CSIRO and Energy Networks Australia (ENA).
Downer EDI has been awarded an EPC and O&M contract for a 148MW solar farm in Queensland by Palisade Investment Partners (Palisade) and ESCO Pacific (ESCO).
Australian energy infrastructure firm APA Group has agreed to purchase a 110MW solar plant that is currently under development near Dalby in south-western Queensland, Australia, for AU$200 million (US$150 million).
The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.
The Department of Energy (DoE) of the Philippines has progressed solar projects with a combined total of 162MW of capacity, along with a 30MW battery energy storage project to grid impact testing (GIS) stages, according to consulting firm Enerdata.
Queensland-based developer SolarQ is planning to build a 350MW(AC) solar plant combined with a ground-breaking 4,000MWh of lithium-ion battery storage in the Gympie Region of Queensland, Australia.
Vietnam has confirmed a long-awaited feed-in tariff (FiT) scheme for utility-scale solar projects along with a net metering scheme for rooftop PV systems.
