As data drifts in, 2018 is shaping up to have been a record-breaking year for battery energy storage, writes IHS Markit senior analyst Julian Jansen. Especially for front-of-the-meter projects, which experienced rapid growth. This growth was led by significant activity in South Korea, the United Kingdom, the United States, Australia, and China, which together accounted for 78% of battery energy storage projects commissioned in 2018, according to the Q4 2018 edition of the IHS Markit “Energy Storage Company and Project Database.”
IEEFA supports new bill prohibiting the opening up of thermal coal mining in Queensland’s Galilee Basin
Climate change means more storms, bushfires and extreme weather events. Our energy system must adapt to this changing climate. Victoria is well on the way to meeting its renewable energy targets thanks to a range of policy measures.
As 2018 draws to a close, it is worth reflecting on another extraordinary year for the Australian renewable energy industry.
We owe a lot to John Howard. He may not have realised it in May 2007, but when he doubled the Photovoltaic Rebate Program value to $8000, our second longest serving prime minister set in motion a chain of events that would lead to Australia hosting 2 million rooftop solar power systems.
Chinese module manufacturing giant JinkoSolar today published its financial results for the full year 2018. While the company achieved an impressive 16% growth in shipments over the previous year, its total revenue took a 5.4% hit compared to 2017, thanks to falling module prices throughout the year.
The Victorian government is giving smaller solar installers eight months to sign up to the Clean Energy Council’s Solar Retailer Code of Conduct if they want to qualify for the Solar Homes program. For larger retailers, the deadline to become Approved Solar Retailers is July.
The study will evaluate the direct production of cathode powders from mica feed material sourced from mining operations, eliminating the need for cobalt and nickel.
Toyota Australia will transform its former manufacturing site in West Melbourne into a renewable energy hub to produce green hydrogen with the help of funding from the Australian Renewable Energy Agency (ARENA). In other hydrogen-related news, researchers at UNSW Sydney with partners H2Store have received a $3.5 million investment from Providence Asset Group to develop a hydrogen residential storage.
New-generation energy retailer Flow Power will today release figures that show its high-use energy customers have collectively saved $14 million with power purchase agreements since the start of 2018. Such powerful testimony signals a new maturity in Australia’s renewable-energy PPA market.
Last year, Sun Metals insurer FM Global proposed cyclone testing the company’s 125 MW solar infrastructure near Townsville in Queensland, to better understand the risks involved in covering the asset against damage. The insurer today called for standardised testing of solar-farm designs proposed for the country’s north east, and the application of clear building guidelines that safeguard vital renewable infrastructure.
A 30 kW vertical array has powered up at Australia’s Casey research station in Antarctica. The project is one the largest solar installations on the southernmost, ice-covered continent.
A groundbreaking ceremony took place last Friday at the Chinese PV module maker’s utility-scale PV project in Western Australia’s wheatbelt region.
Canadian Solar has been acquiring utility scale projects and signing module supply and EPC deals at a rapid pace in recent months. For Shawn Qu, Canadian’s Founder and CEO, he would prefer the market to continue at a stable level, rather than boom and bust. And he argues that the dual role of module maker and developer delivers value insights into pricing and technology trades – giving the company an advantage over rivals.
If re-elected on Saturday, the NSW Coalition will change strata laws to reduce the minimum votes needed to install solar panels, battery storage and electric vehicle charging points in strata buildings. The government has also pledged to give $20 million more funding to the Emerging Energy Program and $10 million in funding for a solar panel and battery recycling program.
Santos’s Cooper Basin oil production is set to be transformed by a trial using solar PV and a CSIRO-developed hybrid battery to replace diesel generators powering the pumps that deliver oil from underground 24/7. Early success suggests the trial will serve as a proof point for the reliability of renewables in many more off-grid applications.
Following months of uncertainty around its financial position, Carnegie Clean Energy and its fully owned subsidiaries went into voluntary administration last week. In its latest statement to ASX, the renewable energy developer says it has struck a deal with one of its directors to provide funding support while administrators attempt to recapitalize its wave power business.
Around $9.4 million has been allocated for 11 projects to trial short-term forecasting for large wind and solar farms under a funding initiative by the Australian Renewable Energy Agency (ARENA) in partnership with the Australian Energy Market Operator (AEMO). The trial aims to improve the accuracy of market outcomes.
Horizon Power, Western Australia’s regional power provider, has commenced the second stage of its Onslow microgrid project, which will provide local residents and businesses with access to low-cost solar and energy storage systems. German storage provider Senec has been chosen to supply batteries to the project.
The Solarville project, by Ikea’s Danish research and design laboratory, has seen the participation of blockchain companies such as Bloc, Blocktech, WeMoveIdeas India and Temporal. It was conceived to help create cooperative community micro-grids to enable homeowners to become clean energy traders.
With the legal squabble between Hanwha Q Cells and three rival solar manufacturers now encompassing three countries, equipment supplier Meyer Burger saw fit to refer to the dispute in its latest announcement of an Asian contract win.
The U.S.-based engineering firm has announced its entry into Australia with an office in Brisbane.
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
The Korean solar manufacturer has lodged a lawsuit with the Federal Court of Australia against Chinese panel makers Jinko and Longi following similar allegations in the U.S. and Germany.
The Chinese mono giant is already producing bifacial half cut modules at its new Anhui fab after the completion of an initial 2.5 GW phase of operations. And the company president confirmed Longi is on track for 45 GW of mono wafer and ingot production capacity next year.
Analysis released today by independent energy and consulting firm, Rystad Energy shows an incredible reserve of energy storage has been added to Australia’s ongoing boom in solar and wind projects during the first two months of 2019 — confidence, perhaps, that an energy-transition policy will finally triumph at the Federal polls!
Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 last month to 100. New members include EnBW, Total and the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.
The Sydney-based publicly listed renewables developer has completed the acquisition of the 50 MW Jemalong solar PV project in New South Wales. It has also commenced refinancing of a 50 MW solar projects that forms part of its landmark Kidston renewable energy hub, Australia’s first large-scale project to use pumped hydro to store solar generated power.
After reporting a $45 million loss in its half year results, the troubled renewable energy developer has suffered a new blow. The Western Australia government has terminated the $16 million financial assistance agreement for the Albany wave energy project, noting that unexpected proposal to change Federal Government’s R&D tax incentive scheme contributed to destabilization of the company’s financial position.
In 2021, the settlement period for the supply of energy into the NEM will decrease from 30 minutes to five minutes, creating market conditions for batteries to start being deployed in the solar utility market. One of the world’s most respected inverter manufacturers is currently shipping central inverters that enable anytime integration of battery storage. Retrofits for already installed systems are on the next boat.
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