In the next financial year, solar households in regional Queensland will receive over 16% less for the power they export into the grid.
The Chinese electrical equipment giant will build the first project of Simec Energy Australia’s landmark US$1 billion, 1GW dispatchable renewable energy program in South Australia.
The race is on to process applications for central payments across the world’s biggest solar market, particularly as qualifying projects must reportedly be grid connected this year. The final electricity price will be a major competitive factor considered by the Beijing authorities.
The Singapore-based developer plans to build another stage of the solar project similar in size and add a grid-scale battery.
With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.
The Queensland government will attempt to reverse a Supreme Court of Queensland ruling to invalidate recently introduced regulations relating to solar farms larger than 100 kW and apply for a stay of the controversial safety measures.
Queensland’s independent Coordinator-General has given its tick of approval for the construction of a 250 MW solar project proposed by Spanish renewable energy developer Acciona Energy.
The Supreme Court of Queensland has ruled that a state government regulation requiring licensed electrical workers to mount and fix unplugged solar panels is invalid.
Renewable energy investment in the APAC region, excluding China, will overtake spending on oil and gas exploration and production spending by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
Melbourne-based startup Allume Energy has been selected by Mirvac to provide solar sharing technology to publicly listed property developer Mirvac. The approach, Mirvac claims allows its commercial and residential apartment tenants to consume solar installed on multi-tenant buildings.
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