Highlights

Community Tesla battery trial launched in Mandurah suburb

Australia’s first community battery trial will see a bulk Tesla battery integrated into existing grid and owned and operated by Western Power and Synergy.

Total Eren seeks to expand Victoria’s biggest solar farm to 450 MWp

After addressing grid connection challenges, the French renewables giant has launched construction on the 256.5 MWp Kiamal Solar Farm. It is now looking to add a second stage of up to 194 MWp, and is exploring commercial options for the approved 380 MWh of energy storage.

Leaders and laggards in Australia’s renewables race

According to a new scorecard released by the Climate Council, Tasmania, the ACT and SA are leading the nation in renewable energy adoption, while WA and the NT are lagging at the back of the pack.

Module prices have decreased by up to 25% so far this year, TrendForce says

According to the Gold Member Solar Report by EnergyTrend (Q3 2018), monocrystalline module prices have fallen almost 20% this year, while those for polycrystalline modules have dropped by more than 25%. Increased consolidation among manufacturers and developers is expected to occur in China and the global solar market, with more merger deals, plans for capacity reductions and even factory closures.

Maoneng secures financing for 255 MWp Sunraysia Solar Farm

In addition to securing debt financing from a consortium of banks, the Australian-Chinese renewables developer has entered into a long-term equity partnership with global infrastructure investor John Laing for the investment and development of the Sunraysia Solar Farm. John Laing confirmed it will invest $108.6 million in the project, taking a 90.1% stake.

Macquarie provides capital for 11 GW Pilbara renewable energy hub

The Asian Renewable Energy Hub’s generation capacity has been boosted from 9 GW to 11 GW, as Macquarie Group has pledged to invest in the project that aims to export power to South East Asia, as well as supply big miners and green hydrogen projects in the Pilbara region, Western Australia.

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Big crowds as All Energy kicks off with major announcements

The All-Energy Australia 2018 exhibition & conference kicked off in Melbourne today. Safety of products and quality assurance was prominent in discussions at the country’s largest PV conference and trade show in its early hours. Big funding announcements at the opening plenary made headlines.

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Victoria overtakes Queensland in renewables jobs boom

Owing to its state-based renewable energy initiatives, Victoria is in the box seat to create more than 6,000 jobs annually, shows a new analysis released by Green Energy Markets. Overall, renewable energy generation managed to exceed 25% of power supply for the first time across Australia’s main grids.   

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Dodgy solar systems could lead to “political intervention to curb uptake”

Rooftop solar is popular in the Australian community. But it may not always be the case. If solar and, in particular, battery storage systems are sold with inflated claims, or are non-code compliant, public support could be undermined – delivering momentum to politicians keen to scrap the SRES. An important message from BayWa r.e. Solar Solutions Managing Director Durmus Yildiz.

Renewables 2.0: Preparing for the new complexity of renewable energy in a post-subsidy world

As the deployment of renewable energy continues to expand around the world, driven by various inputs, such as capital allocation and investment, falling capital costs, competitive LCOE and various policy mechanisms, we are now moving towards a new era for renewable energy. ‘Renewables 2.0’ will have significant, wide-ranging consequences for all market players, as regulators reduce their support and power producers seek new revenue models. In this article, Duncan Ritchie, partner at Apricum – The Cleantech Advisory, will look at the key market developments for renewables, explode the myth of grid parity, highlight the need for flexibility and explain the importance of new financing solutions that are capable of meeting the new complexities brought about by ‘Renewables 2.0’.

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