Residential PV

The final tally was 2.13 GW of sub-100kW systems registered in 2019 following a record installation surge in December, according to solar analyst SunWiz. This represents a jump of a 35% year-on-year and puts the grand total at 10 GW.

The Australian peer-to-peer (P2P) energy trading pioneer has purchased a 250kW PV system that will utilize the company’s new energy data management and settlement system to provide greater visibility on renewable energy sold to a consumer under a 20-year power purchase agreement.

Australia’s green bank has partnered with Bank of Australia to deliver discounted interest rates to green home builders and buyers. The green home loan is the first Australian financial instrument to use energy efficiency measurement tools to determine eligibility.

Queensland’s first community-scale battery is nearing completion after the delivery of its 4 MW Tesla battery. The battery, to be charged with excess solar power from Townsville’s residential rooftop PV, should connect to the grid by the end of the summer.

As the energy landscape continues to evolve to meet the needs of the 21st century, digitalization is growing within generation, distribution and transmission. On the demand management side, Amber Electric is seeking to bring transparency to the market, passing wholesale prices directly to consumers for a $10 flat monthly fee. The Melbourne-based start-up is readying to expand its offering in 2020, as home batteries, EV chargers and other smart devices establish a firmer hold in the Australian electricity market, says Dan Adams, co-founder of Amber Electric.

A microgrid installed on an apartment block in Melbourne will provide clean and affordable electricity to 52 low-income households. It is the first site of Ovida’s Community Energy Hubs project, which will deliver shared solar PV and batteries to more multi-tenanted buildings in the city.

Western Australian energy trading technology company Power Ledger and wholesaler energy retailer Powerclub have teamed up with German battery manufacturer sonnen and solar and battery installer Natural Solar to launch their virtual power plant pilot in South Australia. The project is the first large-scale commercial rollout of blockchain technology for solar energy trading in Australia.

Peer-to-peer energy trading (P2P), the signature of Power Ledger and already a recognised Australian digital export, is set to be installed into nine apartments in Perth’s eastern suburbs. The development’s integration with smart energy trading technology will allow the space to share a solar PV system and SENEC battery.

To fill the gap left by retiring coal-fired plants, the Australian Energy Market Operator forecasts that Australia should invest in a further 30-47 GW of new large-scale wind and solar projects by 2040. At the end of the outlook period, AEMO projects that distributed energy resources could provide up to 13% to 22% of total underlying annual NEM energy consumption.

Japan’s second-largest utility KEPCO has extended a demonstration project with Australia’s pioneer in P2P energy trading Power Ledger to create and track renewable energy certificates and trade PV-generated electricity.