South Australia is leading the nation in terms of renewable energy penetration, with rooftop solar a major contributor. But the state’s hard-won ability to deactivate thousands of rooftop solar systems in response to grid voltage disturbances has caused significant disruptions to solar installers. With a deeper look inside the changes, it appears to be a good thing for solar in the state, as well as other markets in which distributed PV is growing rapidly.
Macquarie owned Green Investment Group’s Renewable Energy Fund 2 has far exceeded its own expectations by raising over AUD$2.5 billion in investment commitments for large-scale solar and wind projects all over the world, including Australia.
Some 2,400 South Australians will soon be fogging up the bathroom mirror without qualms about the cost of heating water, as Solahart implements a trial that controls hot water systems to put in their main effort when the sun is high.
The rise and rise of rooftop solar PV has established Australia as a renewable energy powerhouse with new figures from the Clean Energy Regulator (CER) revealing the nation achieved a record in renewable capacity in 2020.
Dutch transmission system operator Tennet, which also serves Germany, is planning to create flexible electricity demand and reduce grid congestion by promoting the use of smarter heating systems and heat pumps that can also be powered by solar and wind energy. According to its experts, intelligent control of heat pumps may result in the creation of between 0.5 and 1 GW of temporary grid flexibility by 2030.
Chinese big-gun Trina Solar has announced that its Vertex S will hit the Australian market in April. Trina hopes the installer-friendly smaller, lighter, and denser Vertex S for residential and SME consumers will capture a significant potion of the booming Australian solar market.
In an earnings call this week, Tesla CEO Elon Musk boldly claimed that the company will soon be “the market leader in solar.”
The NEM 3.0 program will run until the end of 2023 and will see the participation of residential, commercial and industrial prosumers as well as public entities and government ministries.
OpenSolar’s latest capability makes unsecured loans from a reputable fintech accessible to consumers, and frees solar sales reps to focus on the main game.
The latest GSD — Generator Statistical Digest 2020 — released today by Global-Roam and Greenview Strategic Consulting, shows the value of understanding what’s really happening in the energy market compared to even educated industry assumptions, predictions and aspirations.
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