australia

Rinnai Australia, owned by Japanese appliance manufacturer Rinnai Corporation, has expanded into the solar PV and energy storage space by acquiring Smart Energy Group.

The Marinus Link, a proposed 1.5GW undersea interconnector between Victoria and Tasmania in Australia has established a 2030 completion date.

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.

ARENA has committed over AUS$3.2 million in funding to PV Lighthouse and Built Robotics Australia to help develop ultra-low-cost solar.

EnergyCo has revealed a string of announcements that aim to progress the development of the New England and the Central West Orana REZs.

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).

Enel Green Power Australia has signed a long-term agreement with ElecSome to recycle solar PV modules across its portfolio.

ARENA has provided AUS$15 million in funding to AEMO to enhance the operational capacity of the National Energy Market (NEM), aiding solar.

FRV Australia has secured a AUS$1.2 billion (US$780 million) refinancing facility to support a 1GW portfolio of eight solar PV projects.

AEMO says projects seeking to connect to the National Electricity Market (NEM) in Australia rose to 43GW in June 2024, a 43% increase YoY.