Installations

AGL has announced it will no longer install solar panels on homes, a decision which has brought with it a $47 million loss.

As mining companies become more aware of the rapidly falling costs of renewables, wind and solar are set become a growing trend in powering mining operations worldwide over the coming years, shows a new report from Fitch Solutions. On the back of carbon pricing schemes, countries and companies operating in the Americas are best positioned to lead the way in the adoption of renewables in mining.

Although initially expected to deliver around 650 MW, Victoria’s first renewable energy auction has smashed the goal, delivering 928 MW of renewable capacity. Six projects will be developed in total, three wind and three solar, under the state’s renewable energy target. In a separate announcement, the Andrews government promised to provide half price solar batteries for 10,000 Victorian households, if re-elected.

The Sydney-based publicly-listed developer is planning to finance construction of the 50 MW Jemalong solar project either on a merchant basis given the strong NSW price forecast, or under a potential offtake arrangement.

In what is set to become its largest infrastructure investment to date, the Northern Australia Infrastructure Facility is backing the expansion of three Northern Territory airports, with a $150 million loan. Among other development works, the funding will cover construction of solar farms across all three sites.

Chinese wind turbine supplier and project developer Goldwind is looking to offload its Australian wind and large scale solar development pipeline, according to reporting from the Australian Financial Review. The move amounts to one of the first international players looking to exit the Australian renewables marketplace in the face of policy chaos.

Following a grant from the Victorian government, Origin Energy is gearing up to connect solar and battery systems of up to 650 residential and commercial properties across the state, in what will be its first virtual power plant and the largest one in Victoria to date.

Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline. The move echoes GIP’s acquisition of Equis Energy, which now renamed Vena Energy is developing a GW-scale pipeline in Australia.

If all planned renewable energy projects were to proceed, Queensland would be in line for a $24 billion injection into the state’s economy and over 35,000 new jobs, argues a new Solar Citizens report.

Tata Power Solar has commissioned an 820.8 kWp solar rooftop at the Cricket Club of India (CCI), in Mumbai. It claims it is the world’s largest solar rooftop on a cricket stadium.