Residential PV

The Clean Energy Finance Corporation has awarded the Australian arm of Malaysia-headquartered property developer Mulpha an $80 million (USD 53.95 million) loan to help deliver the first stage of an energy-efficient apartment development in Sydney’s Hills district which is to be powered by 100% renewable energy.

Australia is set to electrify everything. Vibrant communities willing to trial the transition are the first in line to learn what to do and how to bring everyone along, reports pv magazine Australia’s Natalie Filatoff.

ASX-listed nanotechnology company Nanoveu will look to expand into the United States market with the establishment of a demonstration site for its anti-soiling coating for solar glass following trial deployments in the Philippines and Malaysia.

Cambodia’s Ministry of Mines and Energy has published a document outlining principles to permit the use of rooftop PV. The new policy replaces a monthly capacity fee for rooftop systems, with a tariff calculated based on an intricate formula.

Australian energy major AGL is pushing ahead with plans to transform its Loy Yang power station site in Victoria into a clean energy industrial hub, announcing it has signed a deal with Solar Recovery Corporation to explore the feasibility of establishing a PV panel recycling facility at the site.

Large-scale and rooftop solar installations are expected to contribute a record 286 GW of new generation capacity this year with renewable energy on course to shatter global deployment records in 2023.

GemLife, which describes itself as “luxury resort living for the over-50s,” has set up its own Virtual Power Plant (VPP), and is set to invest $75 million in coming years to rollout the VPPs across more than 10,000 homes in its property portfolio on Australia’s east coast.

The Clean Energy Regulator has, for the first time, sought to disqualify a solar installer from the small-scale renewable energy scheme (SRES), effectively Australia’s solar rebate program. It has also commenced civil proceedings against a solar and electrical installation company and its two directors.

Solar has been described as the “star performer” by the International Energy Agency which has forecast that global investment in clean energy is on course to rise to $2.61 trillion (USD 1.7 trillion) in 2023, with spending on solar set to eclipse outlays on oil for the first time.

The rise of rooftop solar in Victoria will see all new inverters installed under the state government’s solar and battery rebate programs soon required to be technically capable of remotely updating and enacting dynamic export limits to allow network companies to manage the export of rooftop solar back in to the grid.