The Australian Energy Market Operator’s final marginal loss factor report for 2020-21 provides some good news for operational large-scale solar projects delivering only smaller changes compared to those seen in preceding years. However, the reduced need for MLF adjustments came as a result of a slowdown in new project development and additional network constraints.
After several stalled years, construction of the 300 MW Rodds Bay Solar Farm in Queensland is finally imminent. Developer, Renew Estate, has been issued its Notice to Proceed under its connection agreement with Powerlink Queensland.
Short- and long-term impacts of the pandemic on electricity markets are still unclear.
One of the largest solar projects scheduled to break ground this year has moved into the construction phase mostly unaffected by Covid-19 disruption.
France’s Sunbooster has developed a technology to cool down solar modules when their ambient temperature exceeds 25 C. The solution features a set of pipes that spread a thin film of water onto the glass surface of the panels in rooftop PV systems and ground-mounted plants. The cooling systems collect the water from rainwater tanks and then recycle, filter and store it again. The company claims the technology can facilitate an annual increase in power generation of between 8% and 12%.
Since 2015, Kidston Clean Energy Hub has inspired renewable developers with the potential for hybrid projects. Its envisaged re-use of old gold mining pits for pumped-hydro storage that would concentrate the benefits of colocated solar and wind resources hit a snag in 2019, but today Genex Power executives are celebrating a milestone deal that will enable more than their own ambitions…
While the full extent of the impact of the Covid-19 pandemics on the renewable energy market is yet to reveal itself, Norwegian consultancy Rystad Energy predicts new solar and wind projects will grind to a halt this year and experience a ripple effect in the years beyond as currencies across the globe continue to fall against the US dollar.
With ARENA’s funding set to dry up in mid-2020, many around Australia are concerned the Government is preparing to toss the golden goose. Clean Energy Council head Kane Thornton is here to make sure that doesn’t happen.
The prime ministers of Australia and Singapore have agreed to work together on practical projects and initiatives in developing hydrogen markets and renewable electricity trade.
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