Highlights

The Sustainable Australia Fund is launching special financing terms for the solar industry to mediate the impact of Covid-19. The terms seek to put immediate cash savings in the hands of businesses.

Australia’s energy regulators say their COVID-19 power plan released last week is designed to ease regulatory pressure on the industry and strike a balance on reforms and changes: some must continue at pace while others will be slowed or deferred.

The Dubai-headquartered Ecolog has inked a memorandum of understanding with the Centre for Organic Electronics at the University of Newcastle to commercialize its low-cost, lightweight and portable solar energy technology.

Australia’s previously booming rooftop PV market segment is likely to see a steep decline in the face of Covid-19 related shutdowns and uncertainty. An industry survey has revealed that around 50% or survey respondents have seen customer enquiries decline by between 25-50%, with a further 20% reporting that new leads have dried up completely.

With 4.4 GW of new renewable energy capacity installed and almost a quarter of Australia’s electricity supply now coming from renewable energy sources, 2019 was another year of extraordinary growth, according to the latest edition of the Clean Energy Australia report. As rooftop solar continued its record-breaking streak, big PV made up more than two-thirds of Australia’s large-scale renewable energy capacity installed last year. Meanwhile, the battery storage sector started to gain momentum.

French renewable energy developer Neoen is looking to develop a massive battery near Geelong that will dwarf its largest project to date – South Australia’s 100MW/129MWh Tesla big battery.

Good news story: After more than six months of distress and compromise in the sunny but grid-challenged West Murray region of Australia, German solar equipment manufacturer SMA has developed an inverter-based solution that allows solar farms to play in harmony, and hopefully enables a long pipeline of renewable plant to carry on connecting until the transmission cavalry arrives.

The Australian Energy Market Operator’s final marginal loss factor report for 2020-21 provides some good news for operational large-scale solar projects delivering only smaller changes compared to those seen in preceding years. However, the reduced need for MLF adjustments came as a result of a slowdown in new project development and additional network constraints.

Analysis from Green Energy Markets shows the Australian rooftop PV market in robust health during the first three months of 2020. According to STC data, more than 30,000 rooftop installations were registered in the month, for a total of close to 250 MW of capacity. And then came Covid-19.

The Australian Renewable Energy Agency (ARENA) is providing nearly one million dollars for a study that will analyze the benefits that pumped hydro energy storage would have on the development of the New England Renewable Energy Zone in northern New South Wales.