Resources giant Fortescue Metals will invest $US450 million ($668 million) in the next stage of its Pilbara Energy Connect program to combine 150 MW of gas-fired generation, 150 MW of solar PV and a grid-scale battery. The hybrid generation project will provide low cost power to the Iron Bridge magnetite project currently under construction.
The internet’s favorite energy company installed 530 megawatt-hours of battery storage in Q4, beating out the previous record, set last quarter, as well as showing continued improvement in solar installations.
Corporations contracted a record amount of wind and solar energy through power purchase agreements in 2019, up more than 40% from the previous year’s record, says a new report from BloombergNEF. The bulk of this purchasing occurred in the U.S. with tech companies and oil and gas majors leading the charge. In Australia, onsite solar projects delivering power to corporations nearly doubled to 1GW.
After a leisurely break over the holiday period, I have returned to my desk to get right back into the analysis of what I think will be a pretty exciting year for the NEM. Connection difficulties, commissioning delays and stubbornly high storage costs point to uncertainty on the supply side, while strong rooftop uptake continues to whittle out daytime operational demand.
Power generation statistics released by the National Energy Administration appear to confirm the nation added 12 GW of solar last month. China also deployed another 41 GW of polluting coal-fired power plants last year.
Investment in Australian renewable energy capacity fell 40% in 2019 down from record-breaking levels seen in the year before, according to Bloomberg New Energy Finance (BNEF). Spending on large-scale renewables dropped dramatically due to network woes and long-term policy uncertainty but was ameliorated by the rooftop solar segment’s record growth.
University of Queensland researchers have quantified the amount of on-site renewable energy generation utilised by the nation’s water industry. The results are interesting if not already anachronistic due to the rapid pace of advancement in the world of solar PV.
South Australia’s largest water and sewerage services supplier is planning to invest more than $300 million in solar and energy storage during the course of this year as it moves closer to its ambitious goal of achieving a zero cost energy future.
Comet-ME has developed a solar-powered submersible borehole piston pump for off-grid communities and smallholders to use for irrigation and domestic purposes. The device, compatible with PV systems from 300-900 W in size, can pump water from 45m with as little as 50 W of continuous solar power.
Australian retail property major Vicinity Centres has delivered two solar carparks at its shopping centers in South Australia, one of which is the nation’s biggest at 3.2 MW. One of the centers also has a solar battery trial underway and both will have EV charging stations as of next year.
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