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.
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.
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