Installations

Australian renewable energy developer MPower has boosted its solar PV and energy storage portfolio, announcing it has finalised an $8 million transaction which will see it purchase the Lakeland Solar & Energy Storage Project in far north Queensland.

Norwegian startup Over Easy Solar AS is launching a vertical PV system for rooftop applications at this year’s Smarter E in Munich, Germany.

Some believe Australia has begun to tip over the “solar cliff,” reaching penetrations that are becoming disruptive to the balance of the grid and to the business models of solar companies themselves. Following notable exits from the market, alarm bells are ringing for solar companies to offer more than just solar installations, writes pv magazine’s Bella Peacock.

Singapore-headquartered solar manufacturer Maxeon Solar Technologies has declared it is moving “beyond the panel”, teaming with multinational battery manufacturer AlphaESS to develop integrated solar and energy storage solutions for the residential sector.

New Zealand’s transition to renewable energy has received a boost with German investment manager Aquila Capital teaming with renewable energy asset developer Far North Solar Farm to announce they will commence construction on a 1GW portfolio of large-scale solar PV projects.

The Australian clean energy arm of the world’s largest zinc, lead, and silver producer has completed its acquisition of utility scale wind and solar energy developer Epuron Holdings after the sale agreement received regulatory approvals earlier this week.

As part of the Smart Energy Conference held in Sydney last week, the Smart Energy Council’s Scott Hamilton ran a session on Australia’s hypothetical energy landscape in 2030. This is how panelists Simon Holmes á Court, Jane Caro, Richard Denniss, Karrina Nolan and Professor Iain MacGill think we’ll be living at the decade’s close.

Oil and gas giant BP is reportedly set to take a 30% stake in the 26 GW Asian Renewable Energy Hub project proposed for Western Australia’s north coast.

The best performing large-scale PV asset in Australia this month was Genex Power’s Kidston solar farm in Queensland, according to Rystad analyst Dave Dixon, who noted total generation from solar and wind assets in Australia grew 23% compared to April 2021.

A plan to “rewire” one of Australia’s largest cities by electrifying the region’s homes and vehicles and powering them with solar energy would save the average household almost $5,000 a year, generate more than 24,000 jobs and provide an overall annual economic benefit of approximately $3.9 billion.