Australia has “just months” to finalise a redesign of its National Electricity Market (NEM) so consumers can reap the benefits of increased renewable generation capacity, according to the regulator that provides oversight for energy security and reliability in the country.
A two-year extension of the investment tax credit (ITC) for solar systems as well as new funding for energy storage research are included in the US’ wide-reaching pandemic relief package that was approved by Congress on Monday evening.
Deploying at least 247GW of rooftop and community solar and 160GW of local energy storage is the most cost-effective way for the US to transition to a clean energy system by 2050, a new report has found.
The US renewables industry must double down on efforts to overcome energy storage financing issues so the technology can help supplement the country’s PV ramp up, it was suggested at a Solar & Storage Finance USA event.
Rooftop PV is set to be the fastest-growing form of new capacity in Western Australia (WA), with renewable energy forecast to reach a minimum of 70% generation capacity by 2040, a new roadmap for the state reveals.
Lior Handelsman, VP of marketing and product strategy and founder of SolarEdge, discusses the role solar, battery storage and other distributed energy resources can play in demand response services, and the size of the opportunity on offer.
Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.