australia solar

Wealthy renters in Australia are more likely to benefit from properties with solar power access with more than 90% of tenants in Australia lacking direct access, according to a study conducted by Macquarie University.

Utility Enel has signed an agreement with Japanese energy company Inpex Corporation to sell half of its Australian operation for US$446.9 million.

The non-hydropower renewables sector in APAC is expected to grow by 10.4% annually to 3,010GW in 2032, according to research firm BMI Research’s recent study Asia Power Regional Overview: Growing Policy Momentum Boosts Solar And Wind Expansions.

The Queensland government has announced to build 12 renewable energy zones (REZ) across the state as part of its effort to deploy 22GW of new wind and solar energy generation by 2035.

The Australian government and the renewables sector in the country have been ramping up its energy transition efforts. Although a lot of new policies and projects were announced in recent years, experts said more has to be done to address labour shortages, skills gaps and reliance on fossil fuels.

Queensland has set multiple renewable energy targets, including bringing 22GW of new solar and wind projects by 2035.

Australia’s Federal Budget 2023-2024 included AU$4 billion (US$2.71 billion) new investment in the energy transition, and confirmation of tenders for renewables and energy storage.

According to AEMO, Australia will need to install more than 10,000 kilometres of new transmission to connect consumers with renewable energy.

The first phase of the 936MWdc project has been in construction since March 2021.

The government of New South Wales has announced a call for expressions of interest (EOI) as the initial part of an unprecedented renewable energy tender targeting development on state-owned “crown land”.