Analyst firm BloombergNEF has cautioned that Australia requires around AU$2.4 trillion (US$1.6 trillion) investment to reach net zero, with solar PV and wind installations to reach 290GW by 2050.
The Australian Energy Market Operator (AEMO) has published two engineering roadmaps that highlight successes in the country’s efforts “to support the continuous increase of renewables in the energy mix,” in the National Electricity Market (NEM) and South West Interconnected System (SWIS) grid.
Norwegian ingot and wafer manufacturer NorSun will supply Heliene, a Canadian solar PV manufacturer, with US-made silicon wafers from 2026.
A group of 18 Republican members of US Congress have published a letter calling for the preservation of the Inflation Reduction Act (IRA) amid Republican Party attempts to repeal the bill.
Australian mining giant Fortescue Metals Group has started constructing a US$50 million project in Western Australia. The project aims to harness solar PV to produce green hydrogen, which will be used to create green metals.
Indian module manufacturer Vikram Solar has launched its latest product, the Suryava module, which is the company’s first product to use heterojunction (HJT) cells.
The European Bank for Reconstruction and Development (EBRD) has provided a €25.1 million (US$27.6 million) loan to Bosnia and Herzegovinian utility Elektroprivreda Bosne i Hercegovine (EPBiH) to build a 50MW solar portfolio in the country.
The Board of Investments (BOI) in the Philippines has given a ‘green lane certificate’ for a solar and storage project said to be the largest in the world, enabling it to proceed at a quicker pace.
Analyst Wood Mackenzie expects the US community solar sector to add 7.3GW of new capacity by 2029, which would push the total cumulative installed community solar capacity to above 14GW.
The Australian Energy Market Operator (AEMO) revealed yesterday (12 August) that mild winter temperatures and sunny skies across the country resulted in new winter lows for electricity demand in Victoria and South Australia, at 2,810MW and 264MW, respectively, on 11 August.
Australian think tank Climate Energy Finance (CEF) has signaled that the mineral-rich region of Pilbara, Western Australia, needs rapid investment in its transmission network to ensure renewable energy, such as solar, can help drive decarbonisation.
Renewable energy developer Acen Australia has submitted assessment documents for its 600MW Birriwa solar-plus-storage in New South Wales (NSW), Australia, through the Federal government’s Environment Protection and Biodiversity Conservation Act (EPBC).
