FPR Energy has raised AUD 15 million ($9.7 million) in seed funding to commercialize its concentrated solar thermal (CST) technology. The system is designed for long-duration energy storage, supporting industrial processes, green fuel production, and dispatchable power generation.
Western Australia’s state-owned regional energy provider Horizon Power has officially launched the trial of a vanadium flow battery in the northern part of the state as it investigates how to integrate long-duration energy storage into its network, microgrids, and other off-grid power systems.
Australia’s record uptake of rooftop solar is delivering significant benefits for some installers, with new analysis by industry consultancy Solar Nerds showing triple-digit percentage point annual growth rates for some companies.
The research group led by Professor Martin Green has published Version 65 of the solar cell efficiency tables. There are 17 new results reported in the new version.
The Superpower Institute, an Australian nonprofit think tank, says the nation’s clean energy export revenue could reach AUD 700 billion ($457 billion) based on current output levels, with potential growth pushing the figure to AUD 1 trillion by 2060.
Payments to farmers and landholders hosting large-scale renewable energy projects across Australia’s main electricity grid are expected to top AUD 1 billion ($651.2 million) by 2030 and could reach up to almost AUD 10 billion by 2050.
Horizon Power, in partnership with Pacific Energy, has completed six federally funded solar and battery energy storage systems (BESS) under its Midwest solar program in Western Australia.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that the upcoming Australian summer is likely to see cloudier than usual conditions, potentially reducing solar generation across key regions, especially along the East Coast.
A report from the Council of Energy, Environment and Water has analyzed nine of the ten countries with the largest rooftop solar markets to offer recommendations to other economies looking to accelerate rooftop solar deployment.
Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial commitment in the third quarter of 2024.
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