Solar levelized cost of electricity will reach less than $45 (USD 30) per MWh in 2050 as global capacity grows 22-fold, said DNV.
Australian commercial solar outfit CleanPeak Energy continues to build out its utility-scale PV portfolio, announcing it has achieved financial close on the 40 MWp Wangaratta Solar Farm being developed in northern Victoria.
Construction has started on Western Australia’s second grid-scale battery in Kwinana as the state government looks to scale up energy storage capacity to support its planned transition from coal-fired power to renewables.
Western Australia’s virtual power plant Project Symphony pilot has been boosted by the commission of a new community battery in the Perth suburb of Harrisdale.
Sofar, a China-based inverter and battery manufacturer, has introduced a new series of microinverters for balcony solar arrays and rooftop PV systems. They have a 97.5% efficiency rating and offer between 500 VA and 2,400 VA of rated power.
A time-motion study by United States Department of Energy’s National Renewable Energy Laboratory shows that retrofitting installations of roof-integrated PV takes 7% less labour time than standard solar installations. For new construction, the installation time drops by 44%.
Australian miner QEM has shortlisted three non-binding indicative bids to develop, own and operate a proposed 1 GW of wind and solar energy to power its planned vanadium mining and oil shale project near Julia Creek in northwest Queensland.
Australian renewable energy developer Genex Power has entered into agreements with Japanese electric utility J-Power to receive a multi-million-dollar funding package that will support the delivery of its 2 GWh pumped hydro project in northern Queensland and the development of the 2 GW Bulli Creek solar and battery project in the state’s southeast.
French oil and gas supermajor TotalEnergies has signed an agreement with Gentari Renewables, the clean energy arm of Malaysia’s state-owned oil company Petronas, to jointly develop a 100 MW solar farm in southwest Queensland.
The world’s most efficient energy network, at an Antarctic research base, has had a solar upgrade, reports Tristan Rayner.
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