GIG acquires Conergy solar portfolio and team
Green Investment Group, Macquarie Capital’s global green investment platform, has announced the acquisition of a significant solar development portfolio from German-headquartered EPC Conergy. The acquisition will see 88 solar experts join the GIG team.
WA apartments use blockchain to reduce energy bills by 30%
Yolk Property Group has partnered with Power Ledger to implement blockchain technology at their Evermore development – powered by solar PV and battery storage technology – allowing residents of the 24 apartments to buy and sell solar power amongst themselves, thus ensuring considerable saving on residents’ electricity bills.
ACCC briefs Coalition on abolishing SRES
The Australian Competition and Consumer Commission has briefed the National Party MPs on its recommendation to prematurely wind down taxpayer-funded incentives for sub-100kW solar systems by 2021.
Australia to get first solar-powered crypto mining farm
A data center, which will be used for crypto and Bitcoin mining, will be powered by a combination of solar power generated at an adjacent 20 MW solar PV farm and coal-fired generator.
UPDATE: ACWA offered lowest bid in Egypt’s 200 MW tender
As pv magazine has learnt, the Saudi energy giant lowered its offer to $0.02752/kWh at the last minute, beating the bid lodged by Spain’s Fotowatio, which offered $0.02791 per kWh.
Cubbie powers cotton production with PV, Aevitas awarded EPC contract
Aevitas will design and construct a 3.6 MW solar PV array for Australia’s largest cotton producer. The Cubbie Solar Project will supply 40% of Cubbie’s electricity demand, during its peak ginning season between April and September.
Egypt receives two bids under $0.03/kWh in 200 MW solar tender
The lowest bid was submitted by Spanish developer Fotowatio, which offered US$0.02791 per kWh. Slightly higher, at $0.02799 per kWh, was the offer of Saudi power company, ACWA.
Increasingly complex connection requirements delaying projects, damaging economics
Difficulties in finalizing grid connection are causing Australian utility scale PV project developers delays, potentially undermining viability. The impact can be particularly harmful for merchant projects, with LGC and wholesale electricity prices forecast to fall over the next two years.
ACT power bills on rise, solar saves around 50%, report finds
With all eyes on the ACT cabinet, which remains unconvinced of the National Energy Guarantee as a complete policy solution beyond 2020, a new analysis of energy prices shows that ACT household power bills continue to rise. Solar owners, however, are largely insulated from bill shock.
Enwave Australia wins bid to build energy network in Adelaide
An energy production and trading scheme designed for the Tonsley Innovation District in Adelaide will incorporate one of Australia’s largest rooftop solar arrays to provide energy to businesses and homes within the growing precinct.
