French renewable power producer Neoen’s 36MW Griffith solar PV plant in New South Wales, Australia, was the best-performing large-scale solar PV asset in terms of AC capacity in January 2025.
Australia-based Clean Energy Investor Group (CEIG) has suggested that the outdated National Electricity Market (NEM) design is stifling investment in large-scale renewable generation projects in Australia.
The AEMO has detailed in a new report that grid-scale solar PV output achieved a new quarterly high average on the NEM of 2,212MW, an increase of 9% year-on-year (YoY).
Australia’s Essential Services Commission (ESC) proposes dropping the minimum flat feed-in tariff for solar PV to AU$0.04/kWh from 1 July 2025-26, down from the current AU$3.3/kWh in 2024-25.
The Australian Energy Market Commissioner (AEMC) has released a final determination to enable virtual power plants (VPPs) to compete directly with large-scale generators in Australia’s energy market.
The Australian government has commenced a review of the National Electricity Market (NEM) to identify how it will operate in the coming decades and facilitate the uptake of solar PV.
The Australian Energy Regulator (AER) has said that a delay in new renewable energy and energy storage capacity coming online on the National Electricity Market (NEM) in 2023-24 means the grid will reach 6.4GW at full capacity next year.
UK-based research group Cornwall Insight has projected that Australia’s National Electricity Market (NEM) will add 150GW of solar PV, wind and energy storage capacity by 2043.
