The United States Studies Centre (USSC), a think tank based at the University of Sydney, has said that Australia has an opportunity to “fill niche gaps in the global solar supply chain” but risks relying on Chinese imported goods.
Australian trade association Clean Energy Investor Group has warned that the Environment Protection and Biodiversity Conservation (EPBC) Act has seen a doubling in decision-making periods from 2021 to 2023.
Chinese solar manufacturing giant LONGi has announced a “strategic shift” in the Australian solar PV market through a new partnership with PV distributor Raystech Group.
Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has revealed that large-scale solar PV capital costs have fallen by 8% in Australia for the second year running.
Indian solar module manufacturer Waaree Energies has formed an Australian wholly-owned subsidiary called Waaree Renewable Energies Australia Pty Limited.
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.
