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Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has revealed that large-scale solar PV capital costs have fallen by 8% in Australia for the second year running.

Power from the project, which is under construction, will be sold to PGE under a 25-year contract and marketed through its Green Future Impact (GFI) scheme.

Robert Klein, who previously ran the company's Brazilian business, will assume the role from 1st January, 2025.

The Australian Energy Market Operator (AEMO) has said that the National Electricity Market (NEM) must introduce a new ‘emergency backstop’ mechanism to manage the impact rooftop solar PV can have on grid stability.

Tasmania's first utility-scale solar PV project, the 288MW Northern Midlands Solar Farm, is set to be developed after the signing of an offtake agreement with state-owned utility Hydro Tasmania.

Masdar acquired 70% of Terna Energy’s outstanding shares at €20 per share, valuing the company at an enterprise value of €3.2 billion.

India installed around 13.2GW of new utility-scale solar capacity from January through September this year, a roughly 161% increase.

Chinese solar module manufacturer JinkoSolar has submitted plans for a 600MW solar-plus-storage project in Queensland, Australia, to the federal government.

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.

PV Tech spoke with Chen Fangzhou of Tongewi Solar, to learn more about the company's aspirations for the Australian solar PV market.