Australia has “just months” to finalise a redesign of its National Electricity Market (NEM) so consumers can reap the benefits of increased renewable generation capacity, according to the regulator that provides oversight for energy security and reliability in the country.
Major PV inverter manufacturer SMA Solar Technology said it would be supplying around 1.6GW of central inverters to PV power plant projects in Australia in 2020, accounting for a market share of approximately 65 percent of a total of 6.5GW being deployed.
Jolywood Solar has announced a distribution agreement with the Energy Depot, a well-known Australian installer and distributor, to introduce its N-type TOPCon modules to the Australian market.
Corporate renewable power purchase agreements (PPAs) in Australia are set to reach record levels this year, with governments and business investing AUD$2.4 billion (US$1.78 billion) and buying more than 1GW of green energy.
A Western Australian renewable hydrogen facility that will be powered by 5GW of solar PV and onshore wind has secured the backing of Danish investment firm Copenhagen Infrastructure Partners (CIP).
The development of long-distance transmission links that could support the creation of renewable energy zones in Australia’s Northern Territory (NT) is being explored by the local government.
Ambitious proposals to ramp up green hydrogen production in Chile and South Australia have been announced this week, as both look to take advantage growing supplies of renewables to help decarbonise their economies and meet green energy targets.
Interest-free loans for rooftop solar and the development of at least 250MW of large-scale battery storage are among the policies put forward in a new power-sharing agreement for the Australian Capital Territory.
