Australia must build out its solar supply chain, from silicon production to end-of-life processes, and reduce its reliance on imported cells and modules if it is to achieve its potential as a global PV superpower.
Global solar developer Lightsource bp has firmed up AU$540 million (US$365 million) in green financing to fund the development of two Australian PV projects in Victoria and New South Wales.
Australian company Squadron Energy has acquired CWP Renewables in a deal it claims will make it Australia’s largest renewables developer, investor and operator.
The Australian Energy Market Operator (AEMO) has released its roadmap to reaching 100% renewable generation in the Australian National Electricity Market (NEM) by 2025.
The New South Wales government has received bids for over 5.5GW worth of wind and solar generation projects and over 2.5GW of storage systems as its Electricity Infrastructure Roadmap attracts industry attention.
Fortescue Future Industries (FFI) and Windlab will collaborate to develop a 10GW green hydrogen project, powered by solar PV and wind energy, in North Queensland, the state government has announced.
Corporate power purchase agreements (PPAs) have hit record levels in the Asia Pacific region as fuel prices rise and the cost of renewables falls, according to Wood Mackenzie principal analyst, Kyeongho Lee.
Renewables developer ACEN Australia is poised to commence construction on its 400MW Stubbo solar project after having executed key contracts and reached a final investment decision, continuing its recent expansion in Australia’s renewables market.