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Australian energy market

Australia Installs Record-breaking Number of Rooftop Solar Panels: CSIRO

Australia installed its highest ever number of rooftop solar photovoltaic (PV) panels in 2020, according to Clean Energy Regulator data analysed by energy efficiency experts from Australia’s national science agency, CSIRO. Data from the Clean Energy Regulator analysed by CSIRO shows that in 2020, around Australia, over 362,000 rooftop solar PV installations were issued with […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA

India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […]

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AGL Announces Construction of Grid-Scale Battery, Takes FID on 250 MW Project

Australia based integrated essential service provider AGL energy has announced that the construction of a 250 megawatt (MW), one-hour duration grid-scale battery at Torrens Island will begin this year, following AGL’s final investment decision (FID) on the project. South Australia is leading the way in the rollout of AGL’s 850 MW network of grid-scale batteries […]

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Lightsource bp Secures Deal to Power 88 bp Stations in NSW With RE 

Lightsource bp has announced that through a PPA with Snowy Hydro, its West  Wyalong  solar farm will supply renewable energy to 88 of bp’s service stations across New South Wales (NSW), Australia.  This milestone, the firm claims, is the result of a power purchase agreement (PPA) with Snowy Hydro which owns, operates and maintains the Snowy […]

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BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis

BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […]

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SolarEdge Selected as Supplier for Fiat E-Ducato, Issues Financial Results

SolarEdge has announced it has been selected to supply powertrain and batteries for the Fiat E-Ducato, also reporting its financial results. SolarEdge Technologies has announced that the Company has been selected and will begin to supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial electric vehicle. “We are […]

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Sungrow Debuts Second Generation of Three-phase Residential Inverters in Australia

Sungrow, the global leading inverter solution supplier, launched its second generation three-phase residential inverters tailored for the Australian landscape. The comprehensive residential line-up of Sungrow’s Gen-2 three-phase inverters come in five variants – 5kW, 7kW, 10kW, 15kW and 20kW and are loaded with cutting edge technologies such as Arc Fault Circuit Interrupter (AFCI) which substantially […]

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First P2P Solar Power Trading In South Asia Launched By UPPCL

Uttar Pradesh has become the first state to launch blockchain-enabled solar power trading in India and South Asia in a project led by India Smart Grid Forum (ISGF) with Australian technology company Power Ledger. Uttar Pradesh Power Corporation Limited (UPPCL) and the subsidiary Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) will host a pilot project involving […]

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