Renewables
Tesla wins $170 million Megapack order for Australia's largest wind farm
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Tesla has secured a $170 million order to supply 168 Megapack units for a 150 MW/600 MWh battery energy storage system at TagEnergy's Golden Plains Wind Farm in Victoria, Australia. The project will pair the southern hemisphere's largest wind farm with onsite storage to enhance grid reliability. Construction is set to begin early next year, with completion expected in mid-2027.
Tesla's Shanghai Megafactory has achieved a significant milestone by producing over 2,000 Megapack energy storage systems in its first full year of operation. The facility, which began production in early 2025, doubled its output in the final five months of the year. This ramp-up underscores Tesla Energy's expanding role in global energy storage.
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One year into Donald Trump's second presidency, his administration has undermined clean energy initiatives, including gutting the Inflation Reduction Act's incentives. However, experts highlight that falling renewable prices and surging electricity demand are propelling the shift to clean energy despite federal obstacles. States and cities continue aggressive emission-reduction efforts, creating tension between policy and economic realities.
Zohran Mamdani's victory in the Democratic primary positions him as New York City's next mayor, raising hopes among clean energy advocates for advancing public renewables. Activists gathered in Brooklyn to celebrate his win and push the New York Power Authority to expand its clean energy plans. With state laws in place, the focus is on whether Mamdani can help meet ambitious 2030 goals.
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On November 13, 2025, Ecopetrol finalized the deal with Statkraft to acquire a solar project portfolio in Colombia for US$157.5 million. The state oil company becomes the 100% owner of the involved companies, incorporating about 0.6 GW of solar capacity. The transaction uses incremental debt from its organic investment financing plan.