Installations

Australia’s first large-scale project to use pumped hydro to store solar generated power, the Kidston facility in north Queensland, has landed more than half a billion dollars in concessional finance from the Northern Australia Infrastructure Facility.

Perth-based blockchain startup Power Ledger has announced its first carbon credit project as part of its partnership with Chicago-based startup Clean Energy Blockchain Network and in collaboration with California’s municipal utility Silicon Valley Power. The company’s platform will manage credits generated by the use of solar energy in electric vehicle charging.

On the back of the massive supply deal, the Spanish manufacturer has announced it has crossed the 1 GW threshold for photovoltaic inverter shipments to Australia.

Hybridization of power supply, through the inclusion of renewables, offers Australian mining companies the opportunity to score a significant “triple win” in the form of reduced cash operating costs, reduced fuel prices and reduced exposure to carbon risk.

Australia is set to quadruple its utility-scale PV capacity in 2018, with a 2 GW pipeline. The effects of the expansion are now beginning to show, as projects come online. So far just 0.1 MW of the 2018 pipeline are fully operational, but as of July this is going to change.

Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at US$2.49¢/kWh (AUD3.27c/kWh), the lowest price for a public solar power contract to date. The deal also involves shutting down a coal plant.

The University of Queensland (UQ) will offset 100% of its electricity needs with renewables by 2020. The milestone will be achieved through existing rootop PV arrays, and a freshly approved 64 MW solar farm near Warwick, in the state’s Southern Downs region.

Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.

On the back of a 20 year power-purchase agreement with Total Eren, the global confectionary giant has taken 100% renewable energy pledge for its six Australian factories.

A 45 MW portion of the Bungala solar farm has begun feeding electricity into the grid. The entire first phase of the project – a 137.7 MW PV plant – is expected to be completed in a few months.