Global electric car fleet may reach 250 million by 2030
The International Energy Agency says more than 2 million electric vehicles hit the road last year, to take the total to more than 5 million. The agency has stressed the importance of public policy, charging infrastructure and a fall in costs for continued EV uptake, and says up to 43 million EVs could be sold in 2030.
Solar among major winners in Victorian budget
Rebates and zero-interest loans for solar panels, solar hot water systems and batteries account for one of the major spends in Victoria’s 2019/20 budget and come at a cost of $1.3 billion.
SonnenFlat available in Victoria
Victorian households can now sign up for sonnenFlat, an energy plan that offers a guaranteed annual energy allowance including solar, storage and grid energy usage for a fixed fee.
Electric vehicles help slash payback periods for residential PV
The Institute for Energy Economics and Financial Analysis has estimated the effect on the payback period of PV systems when adding EVs and storage in Germany and Britain. In both cases, system owners are likely to reduce their payback period by significant margins as increased self-consumption can offset the incremental phase out of government incentives.
The U.S. energy storage market will nearly double this year
The combination of solar plus storage is super-charging the deployment of batteries across the country, and IHS Markit says that the United States will become the largest market for grid-tied energy storage this year.
Senec seeks to expand reach in Australia with new investor on board
The Australian arm of German energy storage provider Senec has welcomed Mark Keogh as a shareholder and member of the board of directors. Keogh is the founder and CEO of UON, a WA-based provider of turnkey power, air and water solutions to the mining and resources industry.
Public consultation opens for 11 GW renewable energy hub
The Western Australian Environmental Protection Authority is seeking public submissions on the massive Asian Renewable Energy Hub proposed for the Pilbara region.
Vanadium-flow batteries set for grid scale project in Port Augusta, South Australia
Canadian company CellCube Energy Storage Systems and Pangea Energy have signalled their intention to install a 50 MW/200 MWh energy storage system in Port Augusta, South Australia.
PV+storage opportunity looms in Asia-Pacific region: WoodMac
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
Final curtain falls on South Australia’s coal-fired era
South Australia’s coal-fired electricity industry is in its final chapter with the sale of the 65-year-old Port Augusta power station site expected to reach settlement by the end of the month.
