With miners around globe stepping up their production capacities to cater to the demand of the electro-mobility and energy storage sectors, supply has outpaced demand leading to a steep decline in lithium prices. Amid slowing growth in China, a number of Australian lithium miners are hurting.
As it transitions from a wind-dominated renewable energy mix to include a wider range of energy options such as large-scale PV, pumped hydro and battery storage projects, South Australia is considering new planning policies.
The Smart Energy Council and Solar Cutters assembled a group of installers to send the message that the Solar Homes rebate scheme is damaging the Victorian solar sector today. The rally was also supported by the Clean Energy Council (CEC), which has called for the Solar Homes rebate to be reduced, and the monthly installation cap ended.
The Queensland government’s reverse auction got a step closer with the announcement of 10 shortlisted renewable energy proponents as it seeks to bring up another 400 MW of solar and wind energy and battery storage into the market.
Private sector infrastructure fund manager Infradebt has provided a $7 million senior debt facility for Terregra’s Mobilong and Moyhall solar farms in South Australia.
A joint report released today by AEMO and Energy Networks Australia confirms that managing Australia’s growing distributed energy resources presents an extraordinary opportunity, which could result in $100 billion in savings in network infrastructure and $1 billion in benefits across the energy-consumer landscape.
Raptor Maps has some 700 MW of Australian solar farms under monitoring by aerial thermal imaging. Compared to the company’s worldwide customer base, Australian PV plant experiences roughly the same average percentage — between 1.5% and 2% — of power affected by faults and defects as global installations.
The Australian Energy Market Operator (AEMO) has laid out a $370 million plan for network upgrades in Western Victoria which would deliver almost double the benefit to both energy consumers and energy producers. However, the proposal has provoked federal Energy Minister Angus Taylor’s attack on the state’s renewable energy target.
With 128 MWp, Numurkah is the largest operating solar farm in Victoria. The project developed by French renewable energy producer Neoen has a major supply contract secured with the Laverton Steelworks and is one of two solar farms supplying 100% renewable energy to offset Melbourne’s entire tram network.
The Australian Energy Market Commission (AEMC) is looking to reward large energy consumers for reducing their power usage at times of peak demand. The electricity market’s rule maker is looking to prevent the summer blackouts that have become commonplace around Australia in recent years in a cost effective manner through the proposed rule change.
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