Australia’s Global Power Generation (GPG) has secured an AU$2.3 billion (US$1.49 billion) financing facility to support the development of its 1.8GW renewable energy and storage portfolio.
The Australian Energy Market Operator (AEMO) has said that the National Electricity Market (NEM) must introduce a new ‘emergency backstop’ mechanism to manage the impact rooftop solar PV can have on grid stability.
The DOC issued a list of companies on Friday (29th November) that it says are exporting solar cells to the US at prices below production costs, a practice known as “price dumping”.
Tasmania's first utility-scale solar PV project, the 288MW Northern Midlands Solar Farm, is set to be developed after the signing of an offtake agreement with state-owned utility Hydro Tasmania.
