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Finance

Smart swimming pool pilot wins $2.5 million ARENA grant

A New South Wales energy management company has won ARENA’s funding for a smart swimming poll pilot project, which holds a promise to both manage peak demand and save pool owners up to 30% of their household electricity use.

South Australia to host another big battery near Snowtown

With all eyes still on the world’s largest lithium-ion battery at the Hornsdale wind farm, South Australia now readies to raise the game with its first big battery built in conjunction with a solar farm.

5 reasons your mine should invest in on-site renewables in 2018: Key lessons learned from the first 1 GW installed

Rocky Mountain Institute As of 2016, approximately 1 gigawatt of renewable energy capacity has been installed on mine sites globally, and current projections show that number reaching more than 1.4 GW in the next five years. What’s causing this shift in the mining industry? And does your company risk getting left behind? What can you do now to keep […]

US solar tariffs to have little impact on Australian module prices

Australian PV project developers and rooftop installers are unlikely to benefit from module price declines as a result of U.S. solar tariffs. GTM Research analysis reveals that while the tariffs will likely cause an American solar market decline of 11% in 2018, it will not leave Chinese suppliers scrambling to find buyers.

Surging large-scale solar puts Australia on track for 2020 renewable target

Clean Energy Regulator data reveal that a stellar 2017 has set the Australian renewable sector up to meet 2020 Renewable Energy Target (RET). Large scale solar accounts for 46% of the “firmly announced” projects since 2016.

Private PPAs for renewables reach 5.4 GW in 2017, BNEF says

Last year’s result surpassed by more than 1 GW the results registered in 2015 and 2016, when the combined capacity of this market segment reached 4.4 GW and 4.3 GW, respectively.

China drags global clean energy investment to $333.5bn in 2017, finds BNEF

Despite approximate 25% fall in solar costs per MWh against 2015, last year saw more than $333 billion invested in clean energy, with global solar deployment figures topping 53 GW, finds new Bloomberg New Energy Finance report.

UNSW signs offsite solar PPA for 100% of its electricity needs

The source of series of pioneering PV technologies is set to become 100% solar powered. The University of New South Wales (UNSW) has announced the signing of a PPA that will see it procure all of its electricity from the 200 MW Sunraysia Solar Farm in rural New South Wales.

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China the global leader in 2017 clean energy investment, at over $44 bn

China was the global leader in 2017 clean energy investment, says a new report. On the solar front, the country accounts for 60% of all cell production; and will continue to lead installation developments for at least the next five years. New 2020 targets are expected to be set. In the battery arena, Chinese companies are also set to dominate.

CEFC steps up to finance 70 MW Oakey 2 project

The Clean Energy Finance Corporation (CEFC) is continuing to foster utility scale PV growth in Queensland, providing $55 million in non-recourse project finance to the Oakey 2 Solar Farm. Canadian Solar will supply modules for the project and will also serve as EPC.

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