The federal budget bets big on household batteries with a $7.2B scheme, but slashes local manufacturing funds, raising questions about where Australia's green future will be made.
The Australian federal budget allocates approximately $10 billion for decarbonisation, including a $7.2 billion home battery scheme and funding for a new Environment Protection Agency to accelerate project approvals.
AEMO is downgrading its 2026 virtual power plant (VPP) participation forecasts due to persistent low consumer uptake, with projected 2030 adoption rates now falling below 25% even in accelerated transition scenarios. The market operator cited poor data visibility and shifting market dynamics, including the rise of utility-scale batteries, as key factors in the revised outlook.
The Australian Renewable Energy Agency (ARENA) has been named as the delivery agency for the Australian Government’s $1.1 billion Cleaner Fuels Program, supporting the development of a domestic low carbon liquid fuels (LCLF) industry.
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced the shortlisted projects for Round 2 of the Hydrogen Headstart Program, marking a major step forward in scaling Australia’s renewable hydrogen…
In a federal budget that has sought to restore intergenerational equity, the Albanese government is facing criticism for ignoring a golden opportunity to balance the scales on energy and climate.
The International Renewable Energy Agency reports that solar and wind projects paired with storage are achieving cost parity with fossil fuels for firm power generation in high-resource areas. This shift establishes hybrid renewable facilities as the most economical global electricity source for continuous supply.
JinkoSolar has entered a supply agreement with Masdar to provide 2GW of Tiger Neo photovoltaic modules for the RTC renewable energy development in Abu Dhabi.
Strategic agreement will see California-based renewables developer ramp up sodium-ion battery deployment. Deal follows Alsym Energy entering 8.5 GWh partnership with iron flow battery business ESS.
Pexapark reports declining solar capture factors across major European markets, including Germany and Spain, as high generation and low demand drive an increase in production during negative price intervals.
Renewable energy developer and independent power producer Galileo has commissioned its inaugural self-operated generation asset. CEO Ingmar Wilhelm indicates the firm is shifting its strategy to meet rising corporate power purchase agreement demand across European markets.
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