battery storage

The Australian Energy Market Commission (AEMC) is set to integrate new rules surrounding consumer energy resources (CER) to exercise greater control over their use, aiding solar PV’s role in the electricity mix.

The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and storage manufacturing.

In Q2 2024, Enphase Energy shipped 574,000 microinverters from its US facilities, which benefit from the 45X production tax credits.

US developer Leeward Renewable Energy (LRE) has secured US$1.25 billion in construction warehouse facility to support the construction of its portfolio in the US.

AEMO has revealed that by 2050, AU16 billion must be invested to enable the growth of grid-scale wind and solar in Australia.

Installed solar PV capacity in Germany is expected to stabilise at 22GW per year from 2026 onwards, according to a report from the German Solar Association (BSW-Solar).

The Clean Energy Council has called for a national strategy to support the uptake of rooftop solar and battery storage in Australia.

Installed solar and wind capacity is set to treble from now until 2030, and treble again between 2030 and 2050 to reach 31TW, according to BloombergNEF (BNEF).

Japanese power company Jera has created a subsidiary that will develop 20GW of renewable capacity by 2035.

Virtual power plants (VPPs) in California, US, could provide over 7.5GW of capacity, around 15% of peak demand by 2035, according to a report from consultancy The Brattle Group for non-profit GridLab.