Installations

Neoen founder, Direct Energie, set to be acquired by Total

The French oil group, which is the parent company of U.S. solar manufacturer SunPower, is set to acquire a 74.33% stake in France’s third largest electric utility Direct Energie. Prominent Australian renewable developer and IPP Neoen was established by Direct Energie in 2008, although it will not be affected by the transaction and will continue to remain “totally independent”.

March rooftop solar installs sets new record, exceeding NEG modelling by 50%

Rooftop PV installation rates in Australia are breaking all previous records. March saw the highest number of rooftop systems ever installed in the country, worth a capacity of some 127 MW.

Fast-falling EPC prices make sub-$60/MWh solar feasible

Analysis from Rystad Energy has revealed that sub-$60/MWh utility scale solar projects could be viable in sunny parts of Australia today. The highly competitive EPC landscape has been identified as the major driver of the improving PV power plant economics although, as always, cost of capital remains key.

UQ rooftop project demonstrates power optimizer value at C&I scale

In August 2017, Solar Hybrids completed a 226 kW array at the UQ’s Pharmacy Australia Centre of Excellence (PACE) in Brisbane. The system, across two rooftops presented a significant challenge in that both roofs were partially shaded. By utilizing SolarEdge, an additional 60 kW could be added to the array.

Solar to top 104 GW of new installations this year, finds GTM Research

Latest Global Solar Demand Monitor from GTM Research forecasts 6% annual increase in PV installation growth although current largest markets will register 7% contraction while geographic diversification poised to grow.

NEG – a political hot potato

In anticipation of a more detailed presentation of the scheme, Energy Minister Josh Frydenberg used the opportunity of the speech to the National Press Club to present the National Energy Guarantee as the best possible option to ensure reliability of supply, describing it as “technology neutral”. Amid mounting criticism leveled by retailers, analysts and leading developers of battery storage, few signs of a national consensus on the proposed NEG are emerging.

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Soltec inks supply deal for 70MW Queensland solar farm

The Spanish tracker manufacturer has announced its first deal in Australia just months after opening a subsidiary in Sydney.

RCR lands Greenough River solar farm expansion deal

Western Australia energy provider Synergy has named RCR Tomlinson as EPC contractor for the expansion of the Greenough River solar farm from 10MW to 40MW.   

Solar to power Cannington mine

South32 has announced a remote, off-grid renewable energy project at its Cannington mine, which will involve a 3MW solar farm.

Cbus Super, Dutch Infrastructure Fund to hold 80.1% in Synergy renewable portfolio

Construction and building industry superannuation fund Cbus Super has stepped forward, alongside the Dutch Infrastructure Fund (DIF) as the majority investors in Synergy’s solar and wind portfolio. The newly formed Bright Energy Investments vehicle will clear the way for Synergy to develop a pipeline of large scale solar and wind projects in WA.