41 articles collected
Victoria faces a $33bn bill from transmission delays as NEM spot prices surge 73%, highlighting the growing cost of grid inaction amid a flurry of new project approvals.
Nexa Advisory modelling warns that delaying Victorian transmission projects like VNI West and the Western Renewables Link could increase wholesale electricity costs by $33 billion. The report urges the state to prioritise 12GW of approved renewable and storage capacity to ensure system reliability ahead of the scheduled 1.5GW Yallourn coal plant closure.
TotalEnergies has submitted the first federal environmental referral for an offshore wind farm within Western Australia's newly declared Bunbury zone. The French developer is seeking EPBC Act approval to begin preliminary work on the project, which must navigate potential impacts on local rock lobster fisheries and whale migration routes.
A 300 MW pumped hydro facility featuring 10 hours of energy storage is seeking planning approval in the New England region. Despite its long-duration capacity, the project is already encountering organized resistance from a local opposition group.
Australian utility-scale solar curtailment fell by approximately 50% in August despite record-breaking monthly PV generation. This reduction in wasted renewable energy is attributed to increased battery storage capacity absorbing excess supply during peak production periods.
WattClarity analysis examines the 2016 and 2022 National Electricity Market suspensions to highlight the disconnect between spot price signals and physical grid stability. The review argues that market mechanisms often fail to account for real-time power system constraints during extreme events.
Octopus Australia has submitted the 500MW/2,000MWh Blackstone standalone battery project in Queensland for federal environmental review under the EPBC Act. The four-hour duration storage facility represents a significant addition to the state's firming capacity pipeline.
St Vincent de Paul Society research indicates that private electricity retailers consistently provide higher bill savings through market-based solar sharing products compared to the government-regulated Solar Sharer offer. The report highlights an extraordinary gap in financial benefits, suggesting regulated schemes are currently underperforming against commercial alternatives for solar customers.
Flow Power is reportedly seeking a buyer as its primary shareholder and founder put the Australian renewable energy retailer up for sale. The company is recognized for its pioneering role in corporate power purchase agreements and consumer energy management.
LNP slammed for bringing funding for regional fast chargers to a halt, even though electric car ownership has doubled in the last year in some areas.
Sea surface temperatures are now way ahead of previous levels at this time of the year.
Seven home battery models from one of the up and coming new budget brands on the Australian market are facing suspension from the federal rebate, after falling short on a number of key compliance measures.
When Greens elder Bob Brown addressed a throng of forest campaigners on Saturday, he did so beneath three suspended paper mache angels – dubbed courage, joy and compassion.
Polestar releases 2030 concept car as part of strategy to boost sales and earnings as it flags a downgrade in face of its exclusion from US market.
Watch the latest episode of The Driven Podcast, as EVs account for 24.9 per cent of new vehicle sales in August and outsell petrol-only and diesel vehicles individually. Plus, news of the week.
Uber driver Bruno Ricotta says his Chery E5 electric SUV will save up to $8000 a year in petrol and servicing costs, and has made him a go-to source of advice for other motorists.
PJM Interconnection has proposed a 6GW backstop capacity auction to address surging data centre demand and mitigate price spikes that could increase monthly residential bills by US$70 by 2028. Battery energy storage systems are expected to hold a competitive advantage in this new procurement framework designed to stabilize the market after a 1,000% price rise over two years.
HiNa Battery signed a five-year deal to supply South Korea’s Volta with 10 GWh of sodium-ion batteries, expanding an earlier 15 MWh storage partnership.
European Union nations installed 33.8 GW of solar capacity during the first half of 2024, with SolarPower Europe forecasting total annual additions to reach 68.1 GW by 2026. While this outlook marks an improvement since December, the sector faces ongoing risks from grid limitations, diminishing subsidies, and regulatory instability.
Solarworld Energy Solutions and Rays Power Infra have formed a 50:50 joint venture to build a 2.4 GW n-type TOPCon solar cell factory in Madhya Pradesh, India. The $105.5 million facility is expected to begin commercial production in June 2027.
JA Solar Vice President Alastair Mounsey warns of a potential global shortage of high-efficiency solar modules as the manufacturer pivots its strategy toward premium quality components and integrated energy storage solutions.
Aukera secured a €460 million structured credit facility to progress its renewable energy and battery storage development pipeline across five European nations. The funding supports the platform's expansion of solar and storage assets within its existing multi-market portfolio.
Elia Transmission Belgium has obtained a €1bn green credit facility from the EIB for the 3.5GW Princess Elisabeth Energy Island project.
Portugal's electricity demand is set to rise to 57.3TWh by 2030, with renewable capacity booming through solar PV, wind, and hydropower.
South Korean authorities will mandate real-time monitoring and remote-control functionality for solar, wind, and fuel-cell systems as small as 20 kW starting in 2027. The policy update includes provisions to facilitate the transition toward utilizing commercial mobile networks for these distributed energy assets.
ACCURE Battery Intelligence CEO Dr Kai-Philipp Kairies argues that the battery storage sector must prioritize operational efficiency and asset optimization to secure its role as a primary grid stabilizer. He warns that current underperformance and missed revenue opportunities among asset owners threaten the industry's long-term viability as it scales.
The Turkish government has designated four potential zones for offshore wind development to achieve a 5GW capacity target by 2035. This initiative forms a central part of the nation's strategy to diversify its renewable energy portfolio and restructure its power landscape over the next decade.
Spanish renewables investor Qualitas Energy has agreed to acquire Cero Generation’s core European platform from Macquarie Group, securing a portfolio of solar photovoltaic (PV) and battery energy storage system (BESS) projects totalling 5.8GW.
Torrent Green Energy has commissioned 322MWp of ground-mounted, decentralised solar installations in Nashik, Maharashtra. The project was completed by the wholly-owned subsidiary of Indian utility Torrent Power.
EPC Renewables has signed an MoU with state-linked utility Energy Fiji Limited for the development of the Yaqara Solar & Battery Project.
CATL executives have highlighted a critical need for the energy storage sector to accelerate development to meet evolving grid demands. The battery manufacturer is currently navigating complex regulatory and market integration challenges as it seeks to expand its technological footprint across the European energy landscape.
Yemen is expanding its largest solar power plant in Aden from 120 MW to 240 MW with UAE funding, while plans for a separate 50 MW project in Hadhramaut are also advancing.
EDF Power Solutions has commissioned a 150MW/600MWh battery energy storage system in Belgium, while Engie has commenced construction on a separate 74MW/296MWh facility within the same market.
Analysis from Solar Macedonia says both standalone and co-located battery projects are beginning to materialise, while recent drought conditions have been favorable to the economic viability of solar projects.
The European Commission (EC) has positively evaluated the Netherlands' fourth payment request for €661m ($768m) in grants under the RRF.
Togo is tendering a solar project to be built in the northern part of its capital, Lomé. The planned capacity of the plant has not been disclosed. The deadline for prequalification is September 15.
We are pleased to announce that we’re now working on the 2027 edition of the Energy Storage Report, our annual publication looking at the big trends shaping the industry.
Soren is seeking companies to develop thin-film PV module recycling solutions in France for CdTe and CIGS technologies, with proposals due Oct. 21, 2026.
Reform of Great Britain’s grid connections queue missed deadlines and was marred by inaccurate offers, poor developer engagement and digitalization issues, according to Ofgem.
A 150-tonne electric water truck is on its way to the Pilbara as Fortescue ramps up its efforts to eliminate diesel from its iron ore mining operations.
Plug-in hybrids described as one of the auto industry’s "greatest greenwashing stunts" as new study shows pollution six times more than claimed, and getting worse.
Chinese manufacturing giant says it shipped more than 600 electric mining trucks and loaders in August, underlining the speed and scale of the transition.
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