Known for its blockchain-based peer-to-peer platform that allows energy trading between households, Power Ledger is now readying for the first large-scale commercial rollout of its technology in Australia. The Perth-based company has partnered with electricity wholesaler Powerclub to allow households to pool net solar and battery storage and act as a virtual power plant.
As more and more shopping centres across Australia start to utilise solar PV atop their premises, carparks are becoming increasingly popular amid a lack of rooftop space. A solar array covering three double-parking bays at Dunsborough Centrepoint Shopping Centre will not only offer shade for shoppers but also almost completely cover the site’s daytime energy needs.
The Asian Development Bank has signed off a grant for the South Pacific island nation to move on its plans to be 100% renewable by 2025.
The Australian Energy Market Operator (AEMO) expects to see further declines in Marginal Loss Factors (MLFs) next financial year on a number of grid-scale PV projects, primarily in south-west News South Wales and north-west Victoria.
The second stage of the first grid-scale solar plant in Australia, the Greenough River Solar Farm, will deploy German power electronics, with SMA announcing it has picked up a contract to supply the 30 MW development.
The Victorian government has extended its solar battery rebate from the initial 24 to 104 postcodes. Meanwhile, the demand for solar panel rebates has slightly slowed down.
The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.
Australian manufacturer RedEarth has announced a new energy storage system for the Australian commercial and industrial market using technology from the global engineering and technology company, Siemens.
Genex Power has failed to lock in a previously announced offtake agreement with EnergyAustralia for its landmark Kidston hub in northern Queensland and requested a trading halt with the ASX on their securities.
While it seeks to build one of Australia’s biggest coal mines, Adani has grown more cautious on solar investment after suffering connection delays on its first renewables project in Australia.
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