Australia’s clean energy pipeline grows 24% to 56.6 GW
The Australian Energy Market Operator (AEMO) reported a 24% rise in new generation and storage capacity across the National Electricity Market (NEM), reaching 56.6 GW, as grid-scale batteries and hybrid solar projects drive growth.
Spain provisionally awards €839 million to 11 GWh of energy storage projects
The Spanish energy agency has proposed funding for 144 energy storage sites totaling 2.61 GW and 11.14 GWh under a European Regional Development Fund program.
Nigeria, Longi sign deal to build solar panel factory
China’s Longi will support the development of a solar panel production factory up to 1 GW in size in Nigeria, after finalizing a strategic partnership with the country’s energy commission.
Jordan opens solar tender for public hospitals
Jordan has launched a tender to supply and install solar thermal water heating systems at nine public hospitals, with applications due Nov. 6.
Foxconn launches Fox EnerStor brand to enter global energy storage market
Foxconn has launched its Fox EnerStor brand with residential, commercial and industrial (C&I), and utility-scale batteries. It aims to compete globally, with China and India as key hubs for R&D and manufacturing.
Australia’s SolarCloud opens rooftop solar access to renters, flats
Australian startup SolarCloud has introduced a virtual rooftop solar ownership model that lets renters and apartment residents buy shares in existing commercial systems without installation or approvals.
Europe moves to 15-minute electricity spot market, driving up battery revenue
The shift to 15-minute spot market intervals has increased battery arbitrage revenue in Europe, while providing more accurate signals for grid efficiency, says French battery storage specialist Storio Energy.
Tennet to grant grid access to 6 GW of Dutch battery projects
After unlocking more than 9 GW of high-voltage grid capacity through flexible off-peak contracts, Dutch transmission system operator Tennet is set to allocate roughly two-thirds of the connection rights to battery energy storage systems.
New Zealand introduces building consent exemption for rooftop solar
New Zealand has exempted rooftop solar from building consent requirements, aiming to cut costs and simplify installation processes while maintaining compliance with national safety standards.
Premier Energies buys majority stake in Transcon to enter transformer market
Premier Energies will invest INR 5.003 billion ($56.7 million) for a 51% stake in Hyderabad-based Transcon Ind, marking its expansion into power transformer production.
