The Australian investment bank has become the latest company to sign The Climate Group’s RE100 initiative, bringing it into a growing pool of businesses that are focused on the global energy transition.

The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.

A massive green hydrogen production project has been unveiled in Western Australia with Siemens on board as technology partner. The location has been touted as Australia’s best for solar and wind power generation potential.

A recent project milestone saw the disconnection of properties from overhead lines and will enable 64km of poles and wires to be replaced by off-grid solar-plus-battery solutions.

Plans to develop an 18 GWh lithium-ion battery factory in northern Queensland have reached an important milestone with the project feasibility study submitted to the Queensland government.

Increasingly affordable and free from the Trump administration’s solar tariffs, bifacial modules are only set to get more popular in the years ahead. In its first report on bifacial PV, WoodMac predicted the technology will make up 17% of global installations five years hence, quadrupling the share it will have this year.

GE Renewable Energy has been chosen to supply a massive battery for the 200 MW Solar River Project in South Australia.

A consortium led by gas network owner Enwave Australia is developing Australia’s first industrial renewable energy microgrid at a new 120-hectare business park in Nambeelup, Western Australia.

While the rest of China’s solar manufacturers take on ever more debt to expand their production lines as fast as possible, Comtec said it is ready to sell off fabs for the right money and will instead focus on project sales and lithium battery and EV business opportunities.

Auckland’s electricity and water utilities will build New Zealand’s largest solar array on a wastewater treatment pond.