Melbourne-based company Green Peak Energy has attracted the backing of one of the world’s largest investment firms, CBRE Investment Management. While deal’s details remain confidential, the Australian company, which focuses on operating renewable systems in the C&I segment and providing power purchasing agreements (PPAs), described the agreement as an endorsement of the problem it set out to solve.
The new plan would require the deployment of around 15 GW of new PV capacity each year to 2030. The agreement also includes the gradual phasing out of all coal power plants by the end of the decade.
Independent battery performance and reliability tester ITP Renewables has been running its trial of solar storage batteries since 2016. Over the years one of the broad conclusions to be drawn is that home storage systems are by no means reliable across the board. However, some few systems stand out, including Fimer’s hybrid solar inverter and storage solution, the React 2.
Members of both the upper and lower houses of Parliament are moving to ban the importation of goods made with forced labour by introducing a bill which, if passed, would have profound repercussions for Australia’s solar industry.
Rooftop solar drove two negative demand events in South Australia on Sunday, November 21, events which analysts are describing as a world-first for a gigawatt-scale power system.
The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance, reports Uma Gupta.
After a controversial beginning, the Victorian Solar Homes Program recovered and is now setting new records. From the early days when solar installers were forced to protest due to the unintended effects of the policy’s first iteration, to today when more than 165,000 homes have solar as a result of the program, it is fair to say that Victoria is headed into a bright summer.
Japanese energy company Sinanen offers a scalable solar carport that can host a minimum of four vehicles and can be deployed in the parking areas of factories and commercial buildings. The basic system is offered with a minimum capacity of 10.80 kW.
Airports are increasingly turning to solar to decarbonise, with ideations ranging all the way from gimmicky solar runways and “dead zone” solar pathways to very real rooftop arrays. Whatever happens, solar certainly has a place at airports with Brisbane airport saving itself somewhere between $20 million to $50 million thanks to the solar system it installed in 2019.
A torbanite mine proposed for central Queensland is hitching itself to renewable energy, presenting its accompanying 50 MW solar farm as centrepiece of its plan.