Australia’s 2022-23 Federal Budget has “missed the mark” when it comes to supporting the energy transition and has neglected investment in transmission infrastructure over investing in fossil fuels at a critical junction in Australia’s decarbonisation journey, said the Clean Energy Council (CEC).
Gamesa Electric has announced the signing of an agreement with Australia’s APA to supply its PV 3X series inverters to the Mica Creek solar project that the customer is developing in Queensland.
Sun Cable has closed a AU$210 million (US$152 million) Series B raise with their existing shareholders to fund the development of its Australia-Asia PowerLink (AAPowerLink) subsea cable project.
JinkoSolar has announced that its first Tiger Neo 470 watt panels have arrived in Australia and have been released to launch customers in a 60 cell format, as part of a planned introduction of a full range of modules incorporating 54, 60, 72 and 78 cells.
The difference in economic performance between JinkoSolar’s N-type high-efficiency module (182N-605W) and other mainstream high-efficiency modules of the same class in the market (210P-650W）has been under simulation analysis by TUV Rheinland to determine whether the final return meets the needs of investors and project developers.
Australian mining magnate Andrew Forrest’s Squadron Energy will invest AU$3 billion (US$2.16 billion) in wind, solar and battery storage project in Central Queensland, Australia.
French independent power producer Neoen’s 2021 revenue jumped 12% year-on-year thanks to the contribution of new solar projects in France and Argentina.
Australia and India have agreed to collaborate on solar manufacturing and deployment, aiming to reduce the cost of solar PV, battery energy storage systems (BESS) and new clean technologies in both countries.
Australian metals company Fortescue has unveiled plans for a vast renewables hub including up to 3,333MW of solar to power its mining operations in Western Australia.
Solar PV and other renewables accounted for a record share of electricity generation in Australia’s National Energy Market (NEM) in Q4 2021 at 34.9%, while average wholesale prices rose with the higher cost of fossil fuels despite their share of the energy mix shrinking.
