In a major shift towards owning renewable energy generation assets, electricity network infrastructure owner Spark Infrastructure has fully acquired the 120 MW Bomen Solar Farm in NSW. The project has inked a power purchase agreement with Westpac, which marks a big step towards its goal of sourcing 100% renewable electricity by 2025.
Solar could meet approximately 68% of global energy demand with other renewables making up the rest, according to a new report. A 100% renewable energy system could also create 22 million solar jobs by 2050, the study claims. Keeping global warming below 1.5 degrees C, though, would require FITs for projects up to 40 MW in capacity, auctions for bigger systems, removing fossil fuel and nuclear subsidies and providing more education and R&D and less red tape.
First-quarter data from Green Energy Markets shows double the uptake of small-scale rooftop solar on the same period last year as record numbers of residential and business consumers seek to reduce their electricity bills. The tendency for installations to increase toward year end suggests that more than 2 GW of solar will hit the rooftop tiles this year. How could this become a cautionary tale?
The University of New South Wales (UNSW), the birthplace of pioneering PV technologies, is now developing another innovative solution: a large-scale hybrid energy storage that will combine lithium-ion batteries and hydrogen fuel cells. The first system will be installed at Risen Energy’s 121 MW Yarranlea Solar Farm in Queensland.
Solpod today launches a potential game changer in commercial solar PV. Substantially funded by ARENA, supported by energy retailer, ERM Power, and trialling across 25 shopping centres and NSW Government sites, this innovation has the legs to go global.
Australian researchers are developing short-term weather forecasts for solar farms to help them precisely predict output as little as five minutes in advance.
Spanish developer Fotowatio Renewable Ventures (FRV) has announced that its latest operational project in Australia, the 100 MW Lilyvale solar plant, is now up and running. FRV’s parent says it is strategically investing US$900 million throughout the world in 2019 to increase its installed capacity to 5.8 GW by 2024.
The Australian supermarket giant is issuing green bonds to fund the development of low-carbon supermarkets and the installation of solar at its stores and distribution centres.
The Queensland government has laid down regulations for solar farms that will allow only licensed electricians to install or remove PV panels. But the new rules will put hundreds of local jobs at risk and could bring some projects to a standstill, the Clean Energy Council (CEC) has warned.
Hanergy displayed the newest rendition of its 18.7% Thin Film Flat SOLARtile in Australia last week as it gears up for the U.S. and global product launch later in 2019.
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