ABB, a Swiss pioneering technology leader, is providing critical components for a landmark one megawatt floating solar photovoltaic test-bed in Singapore.

Telstra has signed a contract to build a 70MW solar farm in north Queensland in a bid to cap energy costs, and as the first part of its long-awaited rollout of the Telstra Energy strategy, which may see it compete against major utilities.

In its latest attempt to prop up Australia’s fossil fuel industry, the Turnbull government says it will seek to remove restrictions that prevent the $10 billion Clean Energy Finance Corporation from supporting investment in carbon capture and storage (CCS) technologies.

A trend for solar power trading in locally produced solar energy is catching on across the globe.