Investment group Foresight has entered into a joint venture with oil major Shell’s subsidiary, Shell Energy Operations, to acquire development rights for a 370MW of renewables project in Western Australia.
FTC Solar said it has been selected to supply its 2P Voyager+ solar tracker technology for the “largest” DC-coupled solar-plus-storage plant in Australia.
NovaSource Power Services has acquired First Solar’s Australian operations and maintenance (O&M) business, adding approximately 500MW of PV projects to its fleet in the process.
Australia’s Renewable Energy Agency (ARENA) has launched a AUS$43 million (US$27.7 million) Industrial Energy Transformation Studies Program aimed at identifying opportunities to reduce energy costs and emissions in the country’s industrial sector.
The proliferation of solar requires PV projects to adapt to their grid surroundings, which increasingly entails connecting alongside adjacent technologies, be it energy storage, other renewables or green hydrogen. Amid the growing threat of curtailment, Jules Scully looks at the rise of the ‘solar-plus’ market and the financial models underpinning it.
