The ASX-listed retail asset manager is set to roll out a massive commercial solar project, which will see an accumulated 31.8 MW of solar PV installed on shopping centers across Victoria, Queensland, New South Wales, South Australia and Western Australia.
Wrapping up the year in which it established its wholly-owned manufacturing facility in Thailand, the Brisbane-based battery supplier says it is negotiating contracts with a number of customers, sharpening its focus on key target markets in Australasia, Asia Pacific and South Africa.
The addition of 7,200 MW of large-scale renewable energy supply since the closure of coal-fired power plants in 2016 in expected to almost halve wholesale electricity price over the next four years, shows the latest analysis from Green Energy Markets.
Speculations that delayed financial results spelled troubles have proved remarkably accurate – one of Australia’s leading EPC contractors has taken a huge write-down on two Queensland solar projects, and reported $16 million net loss.
A new report from Commonwealth Bank shows that 76% of Australian farmers would like to invest in solar with battery storage, and more than nine in ten farmers surveyed said they had some level of interest in energy efficiency investment.
As part of its state-wide microgrid funding promise, the Labor Government has allocated a total of $980,000 for the Ovida Community Energy Hub project, which will install shared solar PV and battery systems in three multi-tenanted buildings in Melbourne.
The trademark all-in-one product of the Austrian inverter specialist is now compatible with the LG Chem storage solutions.
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