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The newly founded joint venture raised $500 million in capital investments realize a large scale smart meter roll out in Australia. Origin Energy previously contracted Acumen for this sector. The Acumen brand will be retained and managed together with intelliHUB
Chinese PV module maker Risen Energy has begun construction on the 121 MW Yarranlea project in Queensland. The company intends to have complete control of the project, from module supply, through to EPC, ownership and operation.
SMA says its new product will offer digital services such as monitoring and automatic notifications to perform maintenance as well as offering an emergency supply system. According to analysts, the varied applications of new inverters signal an increasingly competitive marketplace.
Germany-based PV-storage provider sonnen has closed a new funding round from a group of investors led by Shell Ventures. Sonnen has already began to draw on the funds as it continues to expand market shares in the U.S. and in Australia. Shell Ventures is now a major sonnen investor and future cooperation agreement has been agreed to.
The booming large scale and rooftop PV market in 2018 is providing many reasons to be optimistic about the future of solar under the Australian sun. In reflecting on his six-year tenure as CEO at ARENA, ahead of his departure in August, Ivor Frischknecht points to the role the agency has placed in bringing down the costs of large scale solar in Australia as ARENA’s greatest achievement.
Continuing demand and a good first year means that the CEFC and RateSetter have agreed an extension to the green loans agreement, with over 150 new installations every month.
Sungrow is best known for its PV inverter range – which covers the residential, C&I and power plant market segments. The Chinese inverter maker has hopes to see it gain increased traction in Australia by broadening its product portfolio in the country.
A new report from a think tank headed by former U.S. Energy Secretary Moniz reveals an additional 100,000 jobs with a part-time solar component, and hints at the political powerhouse that solar is becoming.
Community solar arrays or ‘solar gardens’ for people who can’t install a residential rooftop PV system could become a reality in Australia, with ARENA pouring in funds to fertilize the concept.
There is already enough renewable energy projects under construction or generating to meet the Renewable Energy Target (RET). The Clean Energy Regulator officially confirmed today that the RET would be met, making a mockery of claims by former Environment Minister Greg Hunt that it was “simply not possible” to meet the original RET.
A new partnership is looking to introduce 10-year solar leases to WA. By targeting new builds and housing developments and halving the standard lease duration, the partnership aims to make solar leases attractive – where previously they have failed to gain traction.
The three companies are coming together to monitor Huawei’s FusionHome Smart Energy Solution. Customer data security system robustness drives move.
With small scale solar being installed throughout most states at record clip, the Clean Energy Regulator has developed a tracker to provide a more indicative view of the path the small-scale segment is taking.
Large-scale solar’s rapidly falling costs has seen work on a record-setting number of projects get underway, worth some 2 GW of capacity. The Clean Energy Council’s Kane Thornton made the observation at its Large-scale Industry Forum in Brisbane yesterday.
Australian businesses are not waiting for lower power prices to fall. Instead, they are turning to roofop PV in record numbers, with a new report illustrating how C&I solar installations increased 60% from 2016 to 2017.
The 87 MW Beryl Solar Farm is set to become one of the first in the world to deploy First Solar’s Series 6 modules. The U.S. module manufacturer is the project developer, with Downer selected to commence construction in July.
Four different thin film solar PV technologies were tested by the MIT experts across three types of environment in the U.S.: Arid (Arizona); temperate (South Dakota); and humid (Florida). The research found that despite high costs, tandem cells may become viable in rooftop applications.
Through a study funded by ARENA, the distributed database platform blockchain will be used by Latrobe Valley dairy farmers to buy and sell locally generated renewable energy.
Blockchain-enabled peer-to-peer (P2P) energy trading will be trialed by Japanese utility KEPCO, under a new agreement with Power Ledger announced this week. Meagan Cojocar, an analyst with the Perth-based company says Japan is the ideal location for the Power Ledger as the country’s energy drive self sufficiently and its “crypto friendly” attitude.
The Terra High Power charger can charge an electric vehicle (EV) in just eight minutes, thus adding up to 200 km of range, says ABB, which launched the new model at this year’s Hannover Messe.
Belgian institute Imec will be the coordinator of a project involving many of Europe’s leading research organizations, which will focus on developing stable, scalable, low cost PV modules based on perovskite technology. The project, named ‘ESPResSo’ has received more than €5 million in funding from the European Union.
Global infrastructure giant ABB is showcasing its PVS-120 sting inverters. The company claims that high power density can deliver Opex and Capex reductions for developers and EPCs.
Premium PV module producer and supplier LG Electronics Australia has increased its product warranty to 25 years. Having sold some 750,000 modules in Australia to date, LG reports a “very, very small” number of warranty claims.
Tesla’s batteries may soon be Made in China. The announcement was made by Panasonic CEO Kazuhiro Tsuga during a conference accompanying the company’s 2018 fiscal-year results last Friday.
The solar module manufacturer reports that Europe will likely replace the United States as its number one market, due to Trump administration duties. While Q1 revenues grew by around 2.5% year-on year, and net profit almost doubled from $17.6 million to $31 million, the outlook for 2018 shipments has been reduced by 400 MW to 5.6 GW to 5.8 GW.
The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.
The start-up accelerator programme widened its reach to Brisbane. Off-grid solar bicycles and modular solar batteries are among the first to enjoy the kickstart.
A software update for the Powerwall 2 home energy storage system adds controls to allow owners to take advantage of time of use electricity rates in California and other states.
The installation of an 18 MW battery storage system shows the Belgium region of Flanders’ pioneering work in integrating innovative storage systems to its electricity grid.
The company’s energy generation and storage division set a record of $410 million in revenue during Q1, but solar power fell to 2013 deployment levels.
The German car maker entered the solar PV home storage business in mid-2016. In the future, its parent company, Daimler will align the stationary storage segment with its grid business.