Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.
With an unprecedented rollout of rooftop solar reaching 1.1 GW and around 700 MW of large-scale renewable energy projects completed and connected to the grid, last year was an important turning point for Australia’s clean energy industry, shows the Clean Energy Council in its latest report. However, seven times bigger capacity of utility-scale projects with financial support or under construction at the year’s end is poised to eclipse 2017.
The newly founded joint venture raised $500 million in capital investments realize a large scale smart meter roll out in Australia. Origin Energy previously contracted Acumen for this sector. The Acumen brand will be retained and managed together with intelliHUB
The booming large scale and rooftop PV market in 2018 is providing many reasons to be optimistic about the future of solar under the Australian sun. In reflecting on his six-year tenure as CEO at ARENA, ahead of his departure in August, Ivor Frischknecht points to the role the agency has placed in bringing down the costs of large scale solar in Australia as ARENA’s greatest achievement.
The three companies are coming together to monitor Huawei’s FusionHome Smart Energy Solution. Customer data security system robustness drives move.
With small scale solar being installed throughout most states at record clip, the Clean Energy Regulator has developed a tracker to provide a more indicative view of the path the small-scale segment is taking.
Green Energy Markets’ small-scale solar figures for April reveal that above 100 MW is emerging as the new normal for the segment in 2018. While the month was below the record-setting 127 MW in March, April’s 109 MW indicates that installations north of 100 MW can be expected from the residential and small commercial sector for some time into the future.
Fronius is introducing its Ohmpilot solution to the Australian market. The Ohmpilot is a consumption regulator that can utilize solar electricity not used in the home to heat water in boilers or buffer storage tanks.
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.
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