Installations

Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.

The impacts of the cap that Victoria’s Solar Homes program is having on local installers are becoming more pronounced, as some express fears that the system is being exploited by unscrupulous industry players. Solar Cutters says some installers are receiving “pitiful” numbers of installs under the scheme, leaving them “dumbfounded”.

Touted as the first green bond issued by a retail property landlord globally, the $300 million instrument will fund initiatives to enhance the environmental performance for three of the retail assets within the QIC Shopping Centre Fund portfolio. The green bond was five times oversubscribed and attracted new investors from across Asia and Australia, as well as a cornerstone investment from the Clean Energy Finance Corporation (CEFC).

Victoria’s Monash University has unveiled the nation’s largest hybrid battery storage system as part of a microgrid that will cover 100% of power needs at its biggest campus with renewable energy.

The growing share of rooftop solar had a significant impact on Australia’s main grid in the latest quarter, both in terms of reducing operational demand and emissions intensity, the Australian Energy Market Operator (AEMO) said. Looking ahead, AEMO is seeking to procure off-market emergency reserves to help protect the grid from potential summer blackouts the upcoming summer, as coal generator outages grow in frequency.

Chinese PV module maker Risen Energy has announced it has achieved the highest jump in solar module sales in the Australian market in a one-year period.

French renewables developer Neoen has won development approval from the South Australian government for a major renewable energy project, comprising 125 MW of wind generation, 150 MW of solar PV generation and 130MW/400MWh of lithium-ion battery storage. The project could also integrate up to 50 MW of on-site hydrogen production capability.

Western Australia’s government has announced two units at Synergy’s Muja Power Station will be retired from October 2022. The state government said the coal-fired units were only being used about 35% of the time thanks largely to rooftop solar reducing demand on the grid.

Australian renewables developer Windlab has connected and energized its landmark energy park in north Queensland, comprising 43 MW of wind, 18 MW of solar and a 4 MWh battery.

French floating PV specialist Ciel & Terre is teaming up with SCG, an Asian petrochemical company, to develop floating solar plants at hydroelectric dams in Thailand.