battery energy storage

Dutch solar project developer and asset owner Photon Energy Group said in its Q4 2024 financial results that it lost €1.5 million (US$1.57 million) on the sale of two operating solar PV power plants and a solar hybrid site in New South Wales, Australia.

In Western Australia’s Gascoyne region, Exmouth will run on 80% solar PV-derived renewable energy via a 20-year power purchase agreement (PPA) between Pacific Energy and Horizon Power, the state’s energy provider.

Meridian Energy, a New Zealand state-owned energy company, has been granted consent to develop a 120MW solar PV project in Tai Tokerau Northland.

Non-profit organisation Climate Council has signalled that Australia, the global leader in rooftop solar PV installations, could add a further 26.4GW by the end of the decade, bringing its total to 49.4GW.

AMEA Power is set to build one of Africa’s largest solar PV projects in Egypt, with a generation capacity of 1GW, after signing several PPAs.

The New South Wales Independent Planning Commission in Australia has approved plans for the 100MW solar-plus-storage Wallaroo Solar Farm, subject to conditions.

Acen Australia’s 600MW Birriwa solar-plus-storage project in New South Wales has been granted federal approval from Tanya Plibersek, Australia’s minister for the environment and water.

The Climate Change Authority has signalled that Australia’s electricity and energy sector accounts for 35% of the country’s emissions.

The Australian Electricity Market Operator (AEMO) has indicated that Australia has seen the addition of 1.2GW of new large-scale solar projects brought online and connected to the National Electricity Market (NEM) in the past 12 months.

Fortescue Metals is aiming to capitalise on China’s “insatiable demand for green products” through green metals production and exports.