The economy-wide costs of rooftop PV subsidies came in at $1.2 billion in 2018, according to analysis by energy efficiency and solar financer and STC trader Demand Manger. While forecasting an increase to $1.56 billion in 2019, Demand Manager has foreshadowed “imminent” changes to Small-scale Renewable Energy Scheme (SRES).
In late January Japan’s Sumitomo Corporation Group took its first step into the distributed generation market, with its acquisition of Perth-based Infinite Energy. Infinite’s founder and CEO Aidan Jenkins says “after being the little guy” the Sumitomo balance sheet will allow the company to compete with the major electricity retailers – if state government in WA gives them the chance.
Wholesale electricity prices on the NEM can peak during heatwaves and when aging coal generators conk out. Amber Electric customers can both profit from but also bear the brunt of price spikes, but when they have solar+storage the upside is significant. Importantly solar homes can provide a valuable service to the grid, says Amber Electric Founder and CEO Chris Thompson.
Shell Australia has “well advanced” plans for a 120 MW utility scale PV array to supply its QGC onshore gas operations in northern Queensland. The announcement was made Shell Australia Chairman Zoe Yujnovich during a speech today, in which she pointed to an Australian “energy transition” in which “electrons will play a bigger role”.
A proposal to mandate solar and storage systems for all new dwellings has been proposed by the NSW Greens in the lead up the state election. The policy is a part of a wider package that the party says will see one million households add rooftop PV over four years.
The Australian Renewable Energy Agency (ARENA) has awarded $9.6 million in grants for five projects and seven studies into the role of distributed generation assets on the grid – and how to expand their penetration.
Australia’s renewable sector is driving the country towards its Paris commitments well ahead of schedule. The Australian National University (ANU) published the findings today, concluding that on the current trajectory the country is on track to hit 50% renewable electricity in 2024 and 100% in 2032 – at a net cost “of approximately zero.” Despite the good news, the Clean Energy Council warns that current federal government policy may result in the country squandering the opportunity.
Elliott Green Power (EGP) has completed the construction and grid connection of its 95 MW Susan River Solar Farm in South East Queensland. The utility scale array is part of a three-project, 300 MW portfolio EGP is developing in Queensland and New South Wales.
The contribution of solar PV to Australia’s electricity generation mix hit record new highs in 2018, in new figures published today by Green Energy Markets. Last year rooftop PV generation from new arrays was 86% higher than in the previous three years and utility scale solar increased 300% – passing the 1,000 GWh milestone for the first time.
A property development in South Australia will deliver solar and storage off-the-plan for home buyers. Developer DLH Projects and Natural Solar are partnering on the property development, and will utilize Hanwha Q Cells DUO-G5 modules and sonnen batteries, making it the first multi-site residential development to benefit from the South Australia Home Battery Scheme.
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