Australia’s rooftop solar PV market has emerged as the second largest generator by capacity in the nation with new data published by the Australian Energy Council showing that small-scale solar is overshadowed only by coal-fired generation.
Australian electricity network part-owner Spark Infrastructure said it will welcome other bids if a $5.2 billion (USD$3.85) billion takeover bid by a consortium fails, implying a sale is on the cards.
In handing down $2.5 million in fines, Victoria’s Essential Services Commission chair Kate Symon said it was the strongest action taken against an energy company, whose representatives engaged in fraudulent activity.
Western Australian company Australian Vanadium Limited has been awarded $3.69 million in federal government funding to fast-track manufacturing of large-scale vanadium redox flow battery systems that can be used to support rooftop solar PV or in off-grid settings such as mining, agriculture and remote communities.
Singapore-based solar manufacturer Maxeon has unveiled the new Performance 3 AC panel, the latest addition to its AC range.
The authorities in New South Wales have approved a massive solar+storage project, paving the way for construction to start in the Australian state next year.
Spark Investment, an electricity network owner, has announced plans to develop a 2.5 GW renewable energy hub in New South Wales as it continues to move beyond owning regulated network infrastructure and into renewable generation assets.
New modeling by Monash University researchers has shown that the cost of green hydrogen with solar PV could satisfy the Australian government’s economic stretch goal of AUD 2 ($1.50) per kilogram by as early as 2030.
Ongoing grid connection issues and concerns about Australia’s unpredictable regulatory and policy environment have been identified as the key culprits with a new report revealing investor confidence in the nation’s renewable energy sector has slumped to a five-year low.
The small town of Yackandandah in northeast Victoria is one step closer to being powered by 100% renewable energy with the state’s first behind-the-meter, community-owned solar PV and battery energy storage system the latest addition to its community’s energy generation strategy.
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