Markets & Policy

Gas, pumped hydro, coal upgrade win in Federal underwriting scheme, new coal not out of the picture

The Coalition government has shortlisted 12 projects that could be eligible for taxpayer underwriting, and allocated $10 million to study the best way to meet the demand of energy-intensive industries in north and central Queensland. While there is no new coal among the shortlisted projects, the feasibility study promises to examine whether a new coal plant is viable in Collinsville.

“Over 10% less”: six solar farms slammed by proposed MLFs

Proposed marginal loss factors (MLFs) will result in six utility scale solar projects receiving a 10% or more reduction in revenues, at current prices and if imposed as proposed by AEMO. Worsening MLFs add to mounting pressures for large scale PV project developers in 2019.

Pumped hydro to triple Australia’s storage capacity

A new study from the Australian National University shows that a series of pumped storage projects currently in the pipeline across five states could triple Australia’s electricity storage capacity, and pave the way for more solar and wind.

Australian first climate bond gives investors new access to solar and storage market

In what is described as Australian first climate bond, which gives investors access to new ways to invest in solar and storage, the Clean Energy Finance Corporation (CEFC) has contributed $10 million towards the latest of FlexiGroup’s green bond issuances. The inclusion of energy storage in the underlying asset base is viewed as an important market development.

Hanwha Q Cells expands Australian patent infringement lawsuit to include REC, BayWa r.e., Sol Distribution

The South Korean solar module maker has filed another claim with the Federal Court of Australia against Norwegian solar manufacturer REC Group, as well as PV distributors BayWa r.e. Solar Systems and Sol Distribution, for distributing products that allegedly infringe on its patents.

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Australia renewables supply reaches 21.2%, rooftops provide record solar contribution

While renewables continue to do their bit on decarbonizing the energy sector, national emissions, especially in the transport sector, continue to rise amid a lack of any federal or state government limits, The Australia Institute warns. Total renewable supply, including rooftop solar, is at 21.2% of generation from all sources across the NEM, eating into the share once firmly held by coal and gas.

JinkoSolar shipped 11.4 GW of modules in 2018

Chinese module manufacturing giant JinkoSolar today published its financial results for the full year 2018. While the company achieved an impressive 16% growth in shipments over the previous year, its total revenue took a 5.4% hit compared to 2017, thanks to falling module prices throughout the year.

Victoria to require installers to sign CEC’s Code of Conduct for Solar Homes

The Victorian government is giving smaller solar installers eight months to sign up to the Clean Energy Council’s Solar Retailer Code of Conduct if they want to qualify for the Solar Homes program. For larger retailers, the deadline to become Approved Solar Retailers is July.

Lithium Australia launches German cathode powder study

The study will evaluate the direct production of cathode powders from mica feed material sourced from mining operations, eliminating the need for cobalt and nickel.

Hydrogen home storage, refueling hub get financial shot into the arm

Toyota Australia will transform its former manufacturing site in West Melbourne into a renewable energy hub to produce green hydrogen with the help of funding from the Australian Renewable Energy Agency (ARENA). In other hydrogen-related news, researchers at UNSW Sydney with partners H2Store have received a $3.5 million investment from Providence Asset Group to develop a hydrogen residential storage.

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