Utility Scale PV

Chinese solar and storage technology manufacturer Sungrow has strengthened its commitment in Australia, inking new distribution agreements that will deliver at least 550 MWh of the company’s energy storage system solutions and 250 MW of its inverters into the Australian market.

Chinese solar module maker Risen Energy has launched two new n-type panels into the Australian market, targeting both the rooftop and large-scale PV markets.

The International Renewable Energy Agency has released new data on the cost of capital for solar PV, onshore and offshore wind in the period between 2020 and 2021. Results show that Australia has the second lowest cost of capital in the Asia Pacific region at 4.6%, beaten out by China at 3.9%.

The International Energy Agency expects Australia’s “outstanding” economic fundamentals for residential and commercial rooftop solar will see the sector stabilise in 2023 after a new report revealed the PV market contracted in 2022.

Independent power producer Alinta Energy expects work on a 45 MW solar farm and 35 MW/35 MWh battery energy storage system planned for Western Australia’s Pilbara region will commence inside two months following the appointment of contractors to construct and connect the hybrid project.

The successful projects from the first tender conducted under the New South Wales government’s Electricity Infrastructure Roadmap have been announced with two large solar farms, a wind farm and an eight-hour battery energy storage system to be built as the state looks to manage the exit of coal-fired power generation from the grid.

Record solar generation from both large-scale and rooftop PV is driving down the wholesale cost of energy, helping set new records for minimum demand for electricity from the grid and reducing emissions to record lows according to new data provided by the Australian Energy Market Operator.

The Victorian government has launched a market search for what is to be the first large-scale renewable energy project to be developed under the resurrected State Electricity Commission that will invest an initial $1 billion towards delivering 4.5 GW of renewable energy capacity.

This year, I’m celebrating 13 years of working in renewables in Australia. Reflecting on what I’ve learned in my career, especially in undertaking the daunting task of founding an Australian EPC firm, the key lesson has been an obvious yet critical one: to achieve local energy goals, we must think locally.

The New South Wales government has tapped the ACE Energy consortium as the “first ranked proponent” to fill the network operator role for Australia’s first coordinated renewable energy zone that will host at least 3 GW of solar, wind and storage capacity.