POWERCHINA has named 12 companies as the winners of its 42 GW inverter procurement for the year of 2024. Akaysha Energy has had a 100 MW 2-hour battery project approved in Palmerston, Tasmania after an only four-month review process, having previously had a six-month review for the Elaine big battery, which is 4-hour, in Victoria. European Energy has signed a 25-year PPA with offtaker Rio Tinto concerning the 1.3 GW Calliope solar farm which is being developed in Queensland, Australia. Retailer H&M Group and developer Alight have signed PPAs for three solar farms at Halland, Sodermanland, and Blekinge in Sweden, with a combined capacity of 23 MW. SMA Magnetics, which is the Polish subsidiary of SMA, will construct a new…