Monday, 30. July 2018, 2pm – 3pm (AEST)
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While overall global investment in clean energy saw a decrease of just 1% YoY in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg NEF (BNEF). It forecasts this trend to continue throughout the year.
A new poll by Morning Consult found surprisingly strong support for a California-style mandate across the political spectrum, although Liberals were more likely to favor the measure than Conservatives.
Octopus, the largest investor in utility scale solar in the UK has established an office in Melbourne, saying the “fundamental shift from fossil fuels to renewables” in the “rapidly evolving [Australian] market is already underway.
Canadian-owned gas network operator ATCO is developing a micro grid at its Jandakot facility, which will use solar power to produce hydrogen fuel. The Australian Renewable Energy Agency has committed $1.5 million to the project.
The Clean Energy Finance Corporation (CEFC) has completed its first smart meter technology financing, backing the expansion of intelliHUB, a joint venture between private equity investment firm Pacific Equity Partners and smart meter manufacturer Landis+Gyr.
This year, more than 200,000 small-scale solar systems are set to be installed in Australia. The extraordinary expansion in rooftop solar deployment has been revealed in the latest figures from Green Energy Markets, which points to more than 1.4 GW of sub-100kW PV being added throughout the year.
Farms affected by power outages in the McKinlay Shire, north-western Queensland, can now go off grid – through a new solar+storage containerised solution from Germany’s Intech.
The Australian arm of German project developer juwi is looking to acquire utility-scale solar PV projects in New South Wales and Victoria.
The Victorian state government is continuing to advance its solar agenda, with two programs in the Latrobe Valley targeting applications and job creation.
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 Adelaide’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.
The national science agency has issued a call for “citizen scientists“ to help it understand the way households consume, generate and interact with energy. The data will be collected by means of the new CSIRO Energise app.
Researchers from Helmholtz-Zentrum Berlin (HZB) and Oxford PV have presented a new record perovskite tandem solar cell, with a 25.2% conversion efficiency, independently verified by Fraunhofer ISE. Bernd Stannowski, from HZB presented the results this week at the World Conference on Photovoltaic Energy Conversion (WCPEC-7) in Hawaii.
Pioneering UNSW solar researcher Martin Green has received wide recognition for his achievement as being selected as one of the winners of 2018 Global Energy Prize. The prize means Green will split $820,000 in prize money with the co-winner, to go towards his research and teaching, and resulted in a congratulatory call from Prime Minister Malcolm Turnbull.
Martin Green and his UNSW collaborators have driven a wide range of innovations within the Chinese and global PV manufacturing sector. Green, a Scientia Professor at UNSW and the Director of the Australian Centre for Advanced Photovoltaics shares his take on PV technology in 2018.
The 2018 Ecosummit Berlin, a EU cleantech startup platform, focussed on smart green energy and mobility. Of the 99 speakers, 69 were startups presenting innovative solutions to a changing energy economy, catering to the needs of end-customers, developers and utilities alike.
Chinese manufacturer, JA Solar has secured a long-term buyer credit loan facility worth US$68.4 million for the procurement of equipment for its 1.5 GW wafer facility in Vietnam.
German inverter giant SMA has partnered with Melbourne’s Wilson Transformer Company (WTC) to develop a central inverter solution specifically for Australian utility scale projects. The new Power Skid will be assembled in Australia, with WTC providing the medium and low voltage switchgear – among other componentry.
Independent PV analyst, Corinne Lin discusses the fallout of China’s recent solar PV policy decision, including decreasing utilization rates and serious oversupply; and a focus on equipment upgrades, particularly for PERC, SE, half cut and bifiacial technologies. The industry will bounce back in 2019, she concludes.
The Taiwanese analysts expect that overcapacity will force some solar players to abandon their business or file for bankruptcy. IHS Markit also sees further price declines and consolidation in the third quarter, although it does forecast signs of a speedy recovery.
The latest figures from the Taiwanese analysts show that prices for monocrystalline solar PV products have fallen sharply in a week-on-week comparison. The price drop for wafer was even stronger.
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.
The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.
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.
Canberra-based Reposit Power has introduced smart home automation to its solar, storage, monitoring and trading technology platform. The If This, Then That (IFTTT) web service that can switch on and off big electricity consumption devices like pool pumps and air conditioners, to maximise the utility of rooftop PV power.
Puerto Rico is requesting ten 20 MW / 20 MWh batteries to be deployed strategically in the country’s power grid. The RFQ notes that sites should be upgradable to 40 MW / 160 MWh.
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