On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $176 million in conditional funding to eight grid scale battery projects across Australia. Funded under ARENA’s Large Scale Battery Storage Funding Round, each battery will be equipped with grid-forming inverter technology, allowing them to provide essential system stability services traditionally […]
SYDNEY/MELBOURNE : Australian mining billionaire Andrew Forrest’s private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people familiar with the deal said on Wednesday, as he seeks to speed the country’s transition to cleaner energy. Forrest said in a statement Squadron had acquired CWP Renewables but did not […]
The demand for recycled solar photovoltaic (PV) panel components is set to skyrocket in the coming years as the number of installations surges and the threat of a supply bottleneck looms. Rystad Energy analysis shows recyclable materials from PV panels at the end of their lifespan will be worth more than $2.7 billion in 2030, […]