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SMA rounds out 2017 with 1.2 GW of Australian power plant contracts

SMA is set to supply its central inverters and power plant controllers to more than 20 PV power plant projects in Australia. Today the inverter giant revealed that it has signed contracts to supply its Medium Voltage Power Station (MVPS) and the SMA Power Plant Controller to around 1.2 GW in projects.

ASC adds financial expertise, Oliver Yates joins board

Former Clean Energy Finance Corporation (CEFC) CEO Oliver Yates has joined the board of the Australian Solar and Energy Storage Council.

AGL to expand peer-to-peer solar trial

AGL is set to expand its blockchain-enabled peer-to-peer solar trading program. Initially launched as a trial in May, the scheme will be expanded first in Adelaide, although the number of households to which it will be made available in this second stage is yet to be determined.

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Foresight Group’s Australian PV power plant portfolio totals 250 MW

UK-based asset manager Foresight Group claims to have assembled the largest asset fleet of utility scale solar in Australia. After having acquired four solar projects in Queensland and initiated one Victorian project in less than two years, the fund noted that it had moved quickly to “capitalise on the opportunities.”

Horizon Power to shave peak with MyPower, opportunity for batteries

Western Australian regional utility Horizon Power is rolling out a new program to incentivize consumers to reduce their consumption during peak hours. The higher fixed tariff may penalize solar homes; however, it does presents an opportunity for battery storage.

Carmichael coal mine failure could bring down Adani Enterprises

While known in the global solar sector as an Indian PV leader, if Adani Enterprises’ proposed Carmichael coal mine fails so too could the company. Analyst Tim Buckley says that if the coal mega project cannot be financed and has to be written off or sold cheaply, the company’s debt would be three times larger than the value of its assets.

ARENA launches International Engagement Program

The Australian Renewable Energy Agency (ARENA) is providing $5 million to encourage international collaboration between Australian and international renewable energy researchers and professionals. The International Engagement Program (IEP) hopes to accelerate innovation and the commercialisation of home grown cleantech.

Australian Solar Council warns of risk to commercial STCs

The peak solar body has warned that the Australian Federal Government is planning to abolish STCs for commercial solar projects – threatening one of the fastest growing market segments.

CEFC to finance first unsubsidized utility scale battery

The Clean Energy Finance Corporation (CEFC) will provide $150 million in debt finance for the 212 MW Lincoln Gap wind farm. The project will include a utility scale battery system capable of provider 10 MWh of ‘fast response’ storage capacity.

First sonnenFlat system installed in New South Wales

The first sonnen system to be installed in Australia under the sonnenFlat pricing structure will save the family $2,000 on their electricity bills. Installer Natural Solar made the claim on Friday, when announcing the landmark system.

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