Rooftop PV installation rates in Australia are breaking all previous records. March saw the highest number of rooftop systems ever installed in the country, worth a capacity of some 127 MW.
Latest Global Solar Demand Monitor from GTM Research forecasts 6% annual increase in PV installation growth although current largest markets will register 7% contraction while geographic diversification poised to grow.
In anticipation of a more detailed presentation of the scheme, Energy Minister Josh Frydenberg used the opportunity of the speech to the National Press Club to present the National Energy Guarantee as the best possible option to ensure reliability of supply, describing it as “technology neutral”. Amid mounting criticism leveled by retailers, analysts and leading developers of battery storage, few signs of a national consensus on the proposed NEG are emerging.
A new report drafted by Bloomberg New Energy Finance (BNEF), the United Nations Environment Programme (UNEP), and the Frankfurt School-UNEP Collaborating Centre shows that global solar energy investments overshadowed all other forms of electricity generation in 2017. China is leading the pack of the world’s largest renewables investors, followed by Australia, Mexico and Sweden.
The first commercial deployment of Power Ledger’s P2P energy trading platform will take place in partnership with energy solutions business Greenwood Solutions, which will be in charge of installing solar across strata units.
Testing from TÜV Rheinland has revealed that PV inverters and battery storage systems are vulnerable to hacking. By changing system parameters, a hacker could potentially cause a battery system to corrode, “making it like a ‘bomb’.”
Home builder Mirvac is partnering with the CEFC to provide rooftop PV and battery storage systems for more than 300 new family homes. The renewable energy systems will include 5.1 kW rooftop systems and 10 kWh batteries.
February rooftop solar installations exceeded 115 MW, well above the less-than 80 MW installed in the same month 2017 – itself a record-breaking solar year in Australia. Green Energy Markets’ latest STC figures reveal the “extraordinary” installation rates.
It’s official: 2017 was a record year for rooftop PV in Australia. The Clean Energy Regulator announced today that over 1070 MW of small-scale solar was installed by Australian homeowners and businesses in 2017 – representing 41% growth over 2016.
In yet another renewable energy related election commitment, South Australia Premier Jay Weatherill has pledged to offer loans to 10,000 households to install rooftop solar and battery storage, which will be made available interest-free for the first seven years.