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Global investment in the energy transition completed $755 billion in 2021-- a brand-new record-- off the rear of climbing environment ambition as well as policy action from nations worldwide, according to Energy Transition Investment Trends 2022, a brand-new report released by research study firm BloombergNEF (BNEF).

To its knowledge, claims the Australian Energy Market Operator (AEMO), South Australia is the initial gigawatt-scale power system in the world to technique zero operational demand due to such high percentages of demand being met by distributed energy resources (DER) such as rooftop solar.

Juwi Renewable Energies (Pty) Ltd, or Juwi South Africa, will certainly take duty for the operational administration of an 85-MW solar park in South Africa.

Commercial and industrial (C&I) solar is set for a boost in South Africa, with financial support now lined up for a new pipeline.

The Essential Services Commission of South Australia has authorized strategies to expand the Tesla huge battery from 100 MW to 150 MW.

The solar power will certainly be used for the operations at KwaZulu-Natal, South Africa. Voltalia's solar project will certainly be full by 2024 and will certainly supply an annual generation capacity of approximately 300GWh.

RES secures approval for 25-MW Varley solar farm in South Gloucestershire, UK. The project will power 10,000 homes and incorporate sheep farming and native tree planting. RES, with a proven track record, manages 12 GW of assets worldwide.

The Australian government has announced a Capacity Investment Scheme to increase renewables in New South Wales to 6 GW. The NSW Energy Roadmap's firming tender will increase from 380 MW to 930 MW and bids representing more than 3.3 GW have already been submitted. Final results announced by the end of September, with the next auction to be announced by October in South Australia and Victoria.

President Joe Biden announces $60 million investment from Enphase Energy Inc. to create 1,800 jobs in US, including 600 in South Carolina, supported by $370 billion Inflation Reduction Act and $52 billion CHIPS and Science Act. Biden is joined by Flex CEO Revathi Advaithi and Enphase CEO Badri Kothandaraman on his trip to promote economic agenda.

Neoen has successfully expanded the Hornsdale Power Reserve, or else called the Tesla Big Battery, in Australia. If screening works out, Hornsdale can start to function with a broadened remit of artificial inertia solutions, which might have a huge influence on regulatory modifications.

While 95.67 MW has already been installed on various railways buildings, 248.46 MW capacity—awarded by Railway Energy Management Company Limited—is under different stages of execution.

Solar Service Group to market energy app to more than 8,000 battery users.

Neoen SA secures $721 million debt financing for Australian wind, solar, and battery projects, paving the way for ambitious growth goals.

ElectraNet partners with Epic Energy for new 100-MW/200-MWh battery storage system in South Australia, set to power up in 2025.

Chinese solar racking provider Antai Technology Co Ltd, also known as Antaisolar, today revealed one collaboration contract including numerous markets and a separate strategic partnership for a variety of Australian states.