Australia in midst of solar market shakeup with TW Solar entrance, historic global pricing plunge
Australia’s solar market and pricing has been shaken up in recent months with the entrance of Tongwei Solar. Compounding this is the global free fall in panel pricing, which solar analyst Warwick Johnston says is yet to properly hit Australia. “There’s super cheap panels that are coming through and everyone will have to adjust their prices accordingly,” he says.
Heat pumps installs up 70% but large-scale forecasts downgraded with just 0.5 GW reaching FID in H1
A major jump in small-scale air source heat pump installations has been illustrated by the Clean Energy Regulator’s latest Carbon Market Report. Australia’s large-scale renewables segment, however, is languishing with the Regulator knocking its 2023 final investment decision (FID) forecasts down from 3.5 GW to 2.5 GW. Just a 0.5 GW has reach FID in 2023 so far.
GoodWe’s new lightweight PV modules now on rooftops
An Alspec building in NSW with a rooftop unable to support traditional solar PV modules adopted GoodWe’s lightweight Galaxy Series, which requires no racking and has ultra-thing glass to save weight.
Renewables surge to record share in NEM
The share of renewables in Australia’s main electricity grid has reached a new high, with rooftop and grid-scale solar, wind and hydro combining to deliver more than 70% of the total underlying demand on Wednesday.
GoodWe launches specialised carport solar panel in Australian market
Chinese company GoodWe will now be offering specialised carport solar panels to the Australian market, which it says are designed to overcome issues around water drainage and wiring.
Thermal storage company approved to build renewable and agriculture precinct in central NSW
Australian thermal storage company, Graphite Energy, has received development approval for a $29 million (USD 18.6 million) sustainable energy precinct in Lake Cargelligo, in the mid-west of New South Wales.
German ‘ethical, low carbon’ solar panel range hits Australian market
1Komma5°, a German startup aggressively expanding in Australia, has now begun taking Australian orders for its own line of “ethical, low carbon” solar panels.
Commercial rooftops to be injected with 50 MW of solar, 300 MW of batteries in new C&I partnership
Industrial property giant ESR has signed a partnership deal with C&I solar company Solar Bay. The pair say it will see $500 million (USD 318 million) spent over the next decade to deliver up to 50 MW of solar, 300 MW of battery storage capacity and EV charging infrastructure.
Google to sell rooftop solar mapping data
New application programming interfaces datasets from Google are designed for solar marketplace websites, solar installers, software-as-a-service developers, and any user looking to understand rooftop solar potential of a particular address.
India’s solar installations hit 6.8 GW in H1
India installed 6.8 GW of solar capacity in the first half of 2023, down 15% year on year, according to JMK Research.
