Australia’s minister for climate change and energy, Chris Bowen, has announced plans to streamline the Capacity Investment Scheme (CIS) to around six months.
A new report has claimed that creating a Sydney renewable energy zone (REZ) in New South Wales, Australia, could generate up to 21GW of renewable energy from rooftop solar PV.
Venn Energy, a renewable energy developer, has seen its 500MW Cooba solar-plus-storage site selected for inclusion in Victoria’s Development Facilitation Program (DFP) scheme in Australia.
Tariffs on US imports will increase the cost of US solar PV and energy storage technologies and slow the rate of project development, according to analysis from Wood Mackenzie.