As global clean energy goals continue to advance, Australian corporate demand for power purchase agreements (PPAs) has reached an all-time high. From January to August 2024, Australia procured 3.4GW of renewable energy capacity, of which 2.6GW was procured by Rio Tinto, further consolidating its position as the largest corporate off-taker in Australia. It is worth noting that 85% of PV and wind power projects have signed PPAs, providing a strong impetus for Australia’s clean energy market.
As a pioneer in the solar PV industry, FelicityESS is committed to providing efficient and reliable PV inverters and battery energy storage solutions to Australian and global companies. As high-energy-consuming industries such as mining companies and heavy industries accelerate the layout of clean energy, our products will become an important pillar for companies to achieve their renewable energy goals. In the first eight months of 2024, Australian companies announced a record 2.8GW of PPAs, which provides FelicityESS with huge market opportunities.
In order to help more companies successfully achieve their clean energy goals in 2025 and 2030, FelicityESS will continue to optimize technology, promote innovation, and provide more competitive solutions to help companies and retailers achieve greater success in the future PPA market.