UK’s Ingenious Infrastructure teams with Stellata on $200m Australian solar pipeline
The British renewables investor is to embark on a joint venture with Australian solar firm Stellata Energy to commit to develop more than AU $200 million on developing PV projects across Australia.
O&M business must get to scale
At the first day of the conference PV Asset Management and O&M Europe 2017, which winds up today in Hamburg, almost all the participants agreed on the fact that the business is becoming more and more complex, and that getting to scale may provide a path through a period of further consolidation.
LG CNS to deliver 40 MW of storage to Guam Power Authority
A subsidiary of South Korean conglomerate LG Group has bagged an order to deliver, operate and maintain 40 MW of energy storage for Guam Power Authority.
Queensland to auction off 400 MW of renewables under new $873 million energy strategy
The government of the Australian state has revealed plans to launch reverse auctions this year for as much as 400 MW of renewable energy capacity, in addition to 100 MW of energy storage systems, as part of a new A$1.16 billion ($873.2 million) investment.
Australian solar disappointed by “tepid” Finkel review of energy market
The Australian Solar Council (ASC) suggests that the Finkel review into reforming country’s energy system has fallen short of the high expectations the industry had for it. The ASC’s John Grimes said that the report might help produce some “sensible” policy outcomes, it is far less ambitious in its vision as initial draft findings.
Australia: long-awaited report on energy transition is published
Australia’s chief scientist Dr Alan Finkel finally released its long-awaited report on how the country’s energy system is changing. The renewable sector had long hoped the report will set out a vision for the country’s transition to low-carbon electricity generation.
South Australia already at 57% wind and solar in 2016/17
Solar met 7.6% of the state’s demand this year, as South Australia surpasses its renewable energy target eight years early.
Telstra underpins 70 MW Queensland solar farm
The Australian telco has signed a long-term contract to take all the output from a 70 MW solar farm near Emerald in a bid to rein in its energy costs, while the Queensland government has welcomed the company’s solar commitment set to create 200 jobs.
Australia gets first P2P green loan marketplace
With the $20 million financial backing of the Clean Energy Finance Corporation (CEFC), local lender RateSetter has launched Australia’s first peer-to-peer green bond lending platform connecting investors and borrowers with an eye on environmental sustainability.
ARENA announces AUD $20m PV R&D funding round
In order to help reduce the future cost of solar PV, ARENA is set to launch its third competitive funding round for solar R&D.
