The Australian Electricity Market Operator (AEMO) has indicated that Australia has seen the addition of 1.2GW of new large-scale solar projects brought online and connected to the National Electricity Market (NEM) in the past 12 months.
Renewable energy developer Acen Australia has seen the New South Wales Independent Planning Commission (IPC) approve its 600MW Birriwa solar-plus-storage project.
UAE-owned renewables company Masdar has signed a memorandum of understanding (MOU) and a joint development agreement with Zambia state-owned utility Zesco to develop 2GW of solar PV in the African country.
Global investment in renewable energy reached a record half-year figure of US$226 billion in H1 2022, driven by soaring demand for clean energy technologies amid the ongoing energy and climate crisis, according to a BloombergNEF (BNEF) report.
The world’s total solar capacity will reach 2,044GW by 2031, with China continuing to lead the way in deployment, making up nearly half (47%) of the world's 1,190GW net solar capacity additions through to 2031, according to research firm Fitch Solutions.