Australian startup SunDrive Solar has revealed that it has undergone a restructuring of the company, resulting in job cuts, as it looks to “sharpen focus on solar”.
National industry body Energy Networks Australia (ENA) has called on the Australian government to implement the appropriate incentives to unlock at least 5GW of additional rooftop solar PV generation capacity.
Public policy think tank the Australia Institute has released new research arguing that reconfiguring off-peak hot water systems could mitigate 4,000GWh of curtailed solar PV and wind energy on the National Electricity Market (NEM).
Rinnai Australia, owned by Japanese appliance manufacturer Rinnai Corporation, has expanded into the solar PV and energy storage space by acquiring Smart Energy Group.
Solar consultancy group SunWiz’s latest research covering July 2024 has found that Australia’s rooftop solar PV market has returned to growth with a 23% month-on-month increase in deployment.
Australian renewable energy and storage developer Genex Power has been acquired by Japanese power company J-Power in a deal worth AUS$351 million (US$229 million).