Macquarie’s second renewable energy fund raises $2.5b for large-scale investment
Macquarie owned Green Investment Group’s Renewable Energy Fund 2 has far exceeded its own expectations by raising over AUD$2.5 billion in investment commitments for large-scale solar and wind projects all over the world, including Australia.
Spa town? South Australia’s hot water systems set to soak in the solar
Some 2,400 South Australians will soon be fogging up the bathroom mirror without qualms about the cost of heating water, as Solahart implements a trial that controls hot water systems to put in their main effort when the sun is high.
Rooftop solar drives Australia to renewable energy record
The rise and rise of rooftop solar PV has established Australia as a renewable energy powerhouse with new figures from the Clean Energy Regulator (CER) revealing the nation achieved a record in renewable capacity in 2020.
Flexible heat pumps ideal for power grids congested by solar and wind
Dutch transmission system operator Tennet, which also serves Germany, is planning to create flexible electricity demand and reduce grid congestion by promoting the use of smarter heating systems and heat pumps that can also be powered by solar and wind energy. According to its experts, intelligent control of heat pumps may result in the creation of between 0.5 and 1 GW of temporary grid flexibility by 2030.
Trina Solar launches smaller, lighter, more efficient Vertex S on Australian market
Chinese big-gun Trina Solar has announced that its Vertex S will hit the Australian market in April. Trina hopes the installer-friendly smaller, lighter, and denser Vertex S for residential and SME consumers will capture a significant potion of the booming Australian solar market.
Tesla sharpens focus on solar
In an earnings call this week, Tesla CEO Elon Musk boldly claimed that the company will soon be “the market leader in solar.”
Malaysia to allocate another 500 MW of rooftop PV under net metering
The NEM 3.0 program will run until the end of 2023 and will see the participation of residential, commercial and industrial prosumers as well as public entities and government ministries.
OpenSolar adds Plenti to its powerful PV sales toolkit
OpenSolar’s latest capability makes unsecured loans from a reputable fintech accessible to consumers, and frees solar sales reps to focus on the main game.
New data: Sunny outlook modified, and coal as Australia’s transition fuel?
The latest GSD — Generator Statistical Digest 2020 — released today by Global-Roam and Greenview Strategic Consulting, shows the value of understanding what’s really happening in the energy market compared to even educated industry assumptions, predictions and aspirations.
Large scale floating PV to sell power at $0.0368/kWh in Indonesia
A new report from the Institute for Essential Services Reform (IESR) shows that PV has not been growing significantly in Indonesia in recent years, despite the size of the energy market and economy. According to its authors, however, there are multiple paths that can be followed to bring volumes into all market segments. Large scale solar is expected to play a major role in the years to come, as the LCOE for big floating projects is approaching levels close to those of more mature markets.
