Utility Scale PV

Hydrogen is the word on everyone’s lips as the Federal Government champions hubs of no particular colour. Seasoned clean players such as Energy Estate are identifying greenfield opportunities for renewable energy and industry to meet.

Thinking backwards from demand for green hydrogen, the Smart Energy Council identified that investors and customers will have to be able to trust the integrity of the product. Its world-first verification scheme, launched in late 2020 is gaining international traction.

This year will be a key period in the development of China’s solar PV market. It is the first year of the 14th five-year plan, the first calendar year after President Xi Jinping announced the 2030-60 carbon emissions commitment, and the first year for utility and commercial unsubsidised projects. IHS Markit expects the solar industry in China to reach another milestone with more than 60 GW of installations this year, advancing the ground for the energy transition and the displacement of traditional energy sources to fullfill the goal of a net carbon future over the next four decades to come.

British-headquartered solar developer Lightsource BP has received approval to develop a 600 MWdc solar PV hub in central western New South Wales which the company said could become the largest renewable energy power hub in the state.

Hydrogen and hydrogen-based fuels will not be able to move forward fast enough to replace fossil fuels and tackle climate change, according to a German-Swiss research team that claims direct electrification alternatives are cheaper and easier to implement. The scientists cite too-high prices, short-term scarcity and long-term uncertainty, as the main reasons for their skepticism, which has caused a stir in academic circles.

Australian renewable energy developer Vast Solar is calling for expressions of interest from contractors as it pushes ahead with plans to develop a $600 million hybrid solar thermal project in far western Queensland.

Record investment in solar and wind farms across the National Electricity Market has helped to quell concerns that Victoria and South Australia will face increased risk of blackouts later this decade following the impending closure of the Yallourn coal-fired power plant.

An expected drop-off in the performance of its Australian battery energy storage assets has sparked a $24 million (€15.6 million) downturn in consolidated revenue for French renewables developer Neoen.

Government-owned water utility, SA Water, has completed its extensive solar installation project, which involved installing more than 350,000 PV panels across 33 water treatment plants and pump stations across metropolitan and regional areas of South Australia.

Market analysis firm GlobalData has released a new report in which it forecasts Australia’s solar capacity to increase by a factor of four, to over 80 GW, over the next decade. At the same time, the report predicts thermal power to lose its dominance in the energy mix, seeing its share cut by almost half.