Australia-based Clean Energy Investor Group (CEIG) has suggested that the outdated National Electricity Market (NEM) design is stifling investment in large-scale renewable generation projects in Australia.
The AEMO has detailed in a new report that grid-scale solar PV output achieved a new quarterly high average on the NEM of 2,212MW, an increase of 9% year-on-year (YoY).
ARENA will provide AU$20.8 million (US$12.9 million) in funding to a project focused on operating distributed energy resources (DERs) within Western Australia’s South West Interconnected System (SWIS).
Renewable energy developer Acen Australia is seeking Federal government approval for a 320MW solar-plus-storage site in New South Wales, Australia, under the Environment Protection and Biodiversity Conservation (EPBC) Act.
New data released by research firm Rystad Energy has shown that four of the top five best-performing Australian utility-scale solar PV plants in 2024 were located in Queensland.
The Australian government’s green bank, the Clean Energy Finance Corporation (CEFC), has confirmed it invested a record AU$3.5 billion (US$2.19 billion) in the six months to 31 December 2024.
Australia’s Minister for Climate Change and Energy, Chris Bowen, has called on the Australian Renewable Energy Agency (ARENA) to increase funding for community electrification initiatives involving solar PV and batteries.
