Australia’s Global Power Generation (GPG) has secured an AU$2.3 billion (US$1.49 billion) financing facility to support the development of its 1.8GW renewable energy and storage portfolio.
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.
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.
