This year, more than 200,000 small-scale solar systems are set to be installed in Australia. The extraordinary expansion in rooftop solar deployment has been revealed in the latest figures from Green Energy Markets, which points to more than 1.4 GW of sub-100kW PV being added throughout the year.
The Clean Energy Finance Corporation (CEFC) has completed its first smart meter technology financing, backing the expansion of intelliHUB, a joint venture between private equity investment firm Pacific Equity Partners and smart meter manufacturer Landis+Gyr.
The Victorian state government is continuing to advance its solar agenda, with two programs in the Latrobe Valley targeting applications and job creation.
The Clean Energy Regulator (CER) has released figures showing that the number of small-scale renewable energy installs has passed the 3 million milestone, with rooftop solar accounting for 63% of the total.
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.
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