ARENA will provide AU$20.8 million (US$12.9 million) in funding to a project focused on operating distributed energy resources (DERs) within Western Australia’s South West Interconnected System (SWIS).
The decision has been forecast for some months and was welcomed today by Holland Solar, the Dutch solar association, which acknowledged that the current scheme is “no longer sustainable”.
Non-profit organisation Climate Council has signalled that Australia, the global leader in rooftop solar PV installations, could add a further 26.4GW by the end of the decade, bringing its total to 49.4GW.
National industry body Energy Networks Australia (ENA) has called on the Australian government to implement the appropriate incentives to unlock at least 5GW of additional rooftop solar PV generation capacity.
Rinnai Australia, owned by Japanese appliance manufacturer Rinnai Corporation, has expanded into the solar PV and energy storage space by acquiring Smart Energy Group.
Solar consultancy group SunWiz’s latest research covering July 2024 has found that Australia’s rooftop solar PV market has returned to growth with a 23% month-on-month increase in deployment.