Australia: 3.1 GW of solar under construction, says CEC
According to the latest statistics from the Clean Energy Council (CEC), there are 42 wind and solar projects totaling 6239 MW worth close to $10 billion currently in construction or due to start soon across Australia. The unprecedented large-scale renewables activity is, however, surrounded by growing uncertainty over future policy and regulatory change.
Neoen reaches 1 GW of solar assets in Australia as 100 MW project gets green light
Having finalized the financing agreement for the project, French renewable energy producer Neoen announced that full construction on Victoria’ Numurkah Solar Farm is ready to commence this week. It now has 1 GW of solar assets under its belt in Australia.
Module price declines in Australia could result in $60/MWh utility-scale solar
Falling module prices could very well dramatically enhance the competitiveness of large-scale solar in Australia – pushing the price at which PV can be produced below the wholesale curve. Rystad Energy believes that with a 20-30% module price decline, as has been forecast, $60MWh utility scale solar could become the new reality.
Renewables power ahead in Australia
Green Energy Markets’ latest analysis shows the National Electricity Market is on track to get 33% renewable electricity by 2020, with individual states performing well beyond that. But the report claims solar jobs will be lost unless the National Energy Guarantee’s 26% emissions reduction target is lifted.
Australia: PV sails past 7 GW – 2017 installation record set to be smashed
The extent of the rapid growth under way in the Australian PV market has been laid out in the latest report by the Australian Photovoltaic Institute. Pointing to 2018 representing “another record year for Australian PV” the outstanding growth of the utility scale segment is a particular highlight – with 1.1 GW commissioned and 1.9 GW under development.
460MW in Down Under ready to commence construction
Construction works are expected to start soon on two utility-scale solar PV project in New South Wales with a combined capacity of more than 460 MW, as confirmed by German-based Belectric, which will handle the EPC and O&M duties on both sites.
Sonnen hits almost €10 million in PV storage sales in June
The German PV home storage provider delivered around 1,500 solar batteries globally last month. At around 75%, most systems went to Germany, Austria and Switzerland.
Distributed energy storage standards project launched in Australia
DNV GL, Deakin University, the CSIRO, and the Smart Energy Council have come together to collaborate on a two-year project to develop a new performance standard for distributed energy storage systems. The work behind the proposed Australian Battery Performance Standard is being funded $1.9 million from ARENA and the Victoria state government.
Big storage goes metro: Tesla supplies 500 kWh to City of Sydney
The City of Sydney has installed the first large scale battery storage system to be located within the Sydney metropolitan are. Transgrid and the City collaborated on the project, which sees 500 kWh of batteries coupled with around 450 kWp of rooftop PV.
“Privately funded” 200 MW Solar River PV project gets development approval
A hugely-ambitious plan to develop a 200 MW PV array and 120 MWh battery system in South Australia has received development approval. The project developer, which is hosted by the University of South Australia’s ThincLab accelerator, reports that the $450 million project is privately financed with a 60/40 merchant/PPA structure – a significant milestone for the market segment.
