Construction of South Australia’s biggest solar farm, and the state’s fifth “big” battery will provide 810 jobs and a $41 million boost to the economy around Whyalla. The Marshall Government buys in and forecasts a $12.8 million saving on its energy expenditure over the term of its 10-year energy contract.
South Australia has done some hard yards in pursuing the transition to green energy, integrating 50% renewable generation into its grid, and advancing the management of a vast fleet of distributed rooftop energy resources. Now it’s seeking investors to continue the renewable buildout beyond its own requirements and potentially fuel the world with green hydrogen.
Earlier this year, Singapore surpassed its 2020 target for 350 MW of installed PV, and has set itself a more ambitious goal of 2 GW for the coming decade. pv magazine recently spoke with Thomas Reindl, deputy CEO of the Solar Energy Research Institute of Singapore (SERIS) – and also the lead author of a 2020 update to the institute’s PV Roadmap for Singapore report – to catch up on the latest developments in the city-state’s PV market.
Freedom Foods Group’s Shepparton site solar+storage array in Victoria has produced more than 3 GWh of clean energy in its first nine months of operation. The array is the first project in Australia to employ Fimer’s largest string inverters – the PVS-175. The project is claimed to be one of the largest single rooftop solar power installations in Australia.
Australian renewables developer Tetris Energy is set to add to its rapidly growing portfolio of solar farms having secured approval to construct a 4.9 MW facility in South Australia’s Adelaide Hills region.
One of Australia’s tourist hot spots could soon be home to a major solar farm with the Gold Coast City Council giving a 33 MW project the green light.
As Green Finance begins to be seen more and more as global best practice the energy transition can only accelerate. This week, two stories attest to the growing acceptance of green finance by major financial institutions – ANZ Bank has pledged to extricate itself from thermal coal by 2030 and pursue more sustainable policies and Mike Cannon-Brookes supported startup Brighte announces Australia’s first 100% green asset-backed securitisation, $190 million in debt financing for Australians looking to uptake solar and battery storage in their home.
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funnelled to clean power.
For Komo Energy founders Jonathan Prendergast and Gerald Arends, today has been equal parts terrifying and exciting. This morning, the solar development startup launched their crowd equity offering.
As Australia’s home battery market begins to catch up to its install residential solar capacity the opportunity for large-scale virtual power plants is verging on reality. Indeed, Solar Service Group’s new Solar + Battery Members’ Plan could see Australia host the world’s largest virtual power plant next year.
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