A report published by New Zealand’s state-owned transmission grid operator Transpower finds the widespread uptake of distributed battery storage could play an important role in supporting the power system as rooftop PV and electric vehicles are increasingly adopted.
The Cambodian government has decided to approve four new solar projects, ranging in size from 20 MW to 60 MW, in response to rising energy demand. It further announced that the 60 MW project that it tendered at the beginning of the year is planned to start commercial operations in August.
Following similar calls from other industry bodies, the Clean Energy Council has urged the Victorian government to review its landmark Solar Homes Program and warned about the serious effects its dynamics has on the industry.
The 5 MW Mobilong Solar Farm will run on a fully merchant offtake arrangement over its 30-year lifetime.
Research on bifacial solar panel performance has moved performance analysis closer to a standardized practice than ever before. More field tests are underway across the United States, and the first waves of data are expected this year. These tests will help standardize a predictive model for bifacial projects that is bankable.
China’s National Energy Administration has given the greenlight to 3,921 ground-mounted and distributed generation projects. The approved energy price bids ranged from $0.0407 to $0.080, depending on system size, for an average price of $0.048.
New research released this week by The Australia Institute shows that ‘time of use pricing’ (ToU) facilitated by smart meters is likely to drive up household energy costs by $429 a year on top of already high prices. Analysis of national electricity market data suggests that demand for electricity in Australia is very inelastic, which makes ToU more likely to increase the profits of electricity companies than to assist consumers. Households with solar PV and batteries, however, are best suited to cope with this type of pricing.
While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.
Australia’s first large-scale project to use pumped hydro to store solar generated power, the Kidston facility in north Queensland, has landed a $610 million loan from the Federal Government’s the Northern Australia Infrastructure Facility (NAIF).
Chinese PV module maker and project developerRisen Energyis pushing its 132 MW Merredin Solar Farm in WA’s Central Wheatbelt towards full scale installation. The company is hungry to meet its ambitious goal to develop 2 GW of large-scale solar PV projects in Australia.
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