Queensland could go 90% renewable by 2030
If all planned renewable energy projects were to proceed, Queensland would be in line for a $24 billion injection into the state’s economy and over 35,000 new jobs, argues a new Solar Citizens report.
Solar performance polluted by urban haze
Research conducted over several years by scientists at the Massachusetts Institute of Technology (MIT) demonstrates that air pollution in cities can put a dampener on the performance of PV panels which, if not taken into account, can threaten a project’s viability.
Wholesale power price to halve thanks to renewables
The addition of 7,200 MW of large-scale renewable energy supply since the closure of coal-fired power plants in 2016 in expected to almost halve wholesale electricity price over the next four years, shows the latest analysis from Green Energy Markets.
130 MW solar project announced in Myanmar
Thailand-based Modern Energy Management (MEM) says it has teamed up with an undisclosed investor to develop a 130 MWp solar PV project in Myanmar. It is expected to come online in Q4 2019. Overall, the country is said to have a large-scale solar pipeline totaling 1.5 GW.
RCR Tomlinson suffers $57 million write-down on two solar farms
Speculations that delayed financial results spelled troubles have proved remarkably accurate – one of Australia’s leading EPC contractors has taken a huge write-down on two Queensland solar projects, and reported $16 million net loss.
Arctech Solar breaks into Australian market
Contracts have been inked for the Chinese manufacturer to supply a combined 377.6 MWp of tracking systems for two Australian projects. To ensure its presence in the market, the company is setting up a subsidiary Down Under.
RCR Tomlinson difficulties highlight impact of PV project commissioning delays
Delays in achieving the full commissioning of Australian PV power plants are beginning to seriously impact project EPCs. Diversified engineering and infrastructure company RCR Tomlinson has postponed its annual financial results, with speculation mounting that delays to the commissioning of a solar project has caused “a material negative impact” on its earnings.
Large-scale solar sees 20% drop in new projects in H1 2018
According to Wiki-Solar, around 16 GW of new solar PV parks were brought online worldwide in the first half of this year. In the same period of 2017, newly installed utility-scale PV capacity totaled around 20 GW.
South Australia launches 10 MW solar tender
The Berri Barmera Council has invited expressions of interest for the construction and operation of a 10 MW solar farm which will contribute to delivering a predictable and cost-effective renewable energy supply within the region.
New South Wales to host major renewable energy hub
Australia’s developer CWP Renewables has announced that its plans to add a 200 MW solar+storage project to the 270 MW Sapphire Wind Farm have been approved by the state government.
