Swiss investment firm SUSI Partners is investing up to $50 million in a residential solar-plus-battery project enabling participants from communities across Western Australia to generate and consume their own clean power for up to 90% of their needs. The project, which began a year ago, and involves residents leasing solar PV and battery systems from a not-for-profit organisation.
Abundant sunshine, favorable policy settings and high power prices have long placed Australia at the cutting edge of rooftop solar uptake. The more recent utility-scale boom has further enhanced its status as a PV leader. Battery adoption, microgrids, EVs and green hydrogen are all taking shape, yet what should be an Aussie smart energy no-brainer continues to be dogged by mounting investment uncertainty and a toxic debate on the national level.
Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions for now.
The Philippines is desperately hungry for rooftop solar PV as it seeks to alleviate itself of energy poverty. Pathways are finally opening up for the vast Southeast Asian nation with investors readying US$20 million to fund four new renewable projects.
Known for its blockchain-based peer-to-peer platform that allows energy trading between households, Power Ledger is now readying for the first large-scale commercial rollout of its technology in Australia. The Perth-based company has partnered with electricity wholesaler Powerclub to allow households to pool net solar and battery storage and act as a virtual power plant.
Four years ago in December 2015, every member of the United Nations met in Paris and agreed to hold global temperature increases to 2°C, and as close as possible to 1.5°C. The bad news is that four years on the best that we can hope for is holding global increases to around 1.75°C. We can only do that if the world moves decisively towards zero net emissions by the middle of the century.
The Smart Energy Hub can operate in electrolysis mode to store renewable energy as hydrogen, or in fuel cell mode to produce electricity and heat from previously produced hydrogen or methane. Its developers are the French Alternative Energies and Atomic Energy Commission and start-up Sylfen.
The Victorian government has extended its solar battery rebate from the initial 24 to 104 postcodes. Meanwhile, the demand for solar panel rebates has slightly slowed down.
Australia’s rooftop PV has become the country’s biggest potential energy resource. To harness it requires that millions of household and commercial generators cede control of their hard-won, sunny patch. A new research entity has been launched to understand energy consumers’ passions and motivators, and facilitate a fair and equitable social contract — no pressure!
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.