Short- and long-term impacts of the pandemic on electricity markets are still unclear.
One of the largest solar projects scheduled to break ground this year has moved into the construction phase mostly unaffected by Covid-19 disruption.
The module giant has signed a one-year $37 million line of credit agreement with the National Australia Bank.
The developer has secured a $20 million loan from Squadron Energy and Federation Asset Management, as it continues to struggle with connection delays on its Kennedy solar-wind-battery park.
While the full extent of the impact of the Covid-19 pandemics on the renewable energy market is yet to reveal itself, Norwegian consultancy Rystad Energy predicts new solar and wind projects will grind to a halt this year and experience a ripple effect in the years beyond as currencies across the globe continue to fall against the US dollar.
The Australian Energy Market Operator (AEMO) has published its first knowledge sharing report under its landmark virtual power plant (VPP) demonstrations program, which is intended to provide insights into the scalability and network services potential of VPPs. The report details how the South Australia-based Tesla-Energy Locals VPP responded to price signals and frequency level and helps further understand the benefits consumers can have from participating in VPPs.
The British university will use Redflow zinc-bromine flow batteries at its Active Building demonstrator – an award-winning classroom that generates, stores and releases solar energy at the point of use.
The California-based energy technology company has expanded its partnership with Rexel Group to include Australia-wide distribution.
A push by lobbyists to access the federal government’s Climate Solutions Fund in order to cover the cost of upgrades that would extend the operational life of coal-fired generators has been rejected by the independent Emissions Reduction Assurance Committee.
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