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Finance

Two solar and one wind farm in north Queensland could be curtailed to zero

Three renewable energy generators in northern Queensland are facing major constraints due to system strength issues.

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Eguana Technologies moves closer to Moixa GridShare AI integration

The Canadian battery manufacturer has announced an investment from Japanese Itochu Corporation and got closer to integrating Moixa GridShare AI with its Evolve batteries.

Analyst expects recovery for PV and storage supply chains

U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.

FRV buys 90 MW NSW solar farm, inks PPA with Snowy Hydro

Spanish developer Fotowatio Renewable Ventures (FRV) has signed its second power purchase agreement with the government-owned retailer Snowy Hydro for a solar project, which it bought from Germany’s Ib vogt.

AEMC heeds renewable energy industry criticism on new transmission access rules

In welcome news for solar and wind developers in Australia, the network rule maker has decided to not to rush through changes to transmission access rules under the much-criticized Coordination of Generation and Transmission Investment (CoGATI) plan.

Short-term symptoms

The COVID-19 outbreak has disrupted the global PV supply chain. China, the largest manufacturing hub for solar products, has postponed factory openings in many regions, as it has been hit by logistical hiccups, staff shortages, and delivery delays. Manufacturers in some Chinese provinces are running under capacity, while those overseas are facing the same situation.

QUT to drive green hydrogen export through LNG-focused research center

Queensland University of Technology (QUT) researchers say they will play a key part in developing the green hydrogen export industry by driving production, storage and transport projects under the auspices of the newly established Future Energy Exports (FEnEx) Cooperative Research Centre.

Renewables will pave the path out of recession to recovery, says Garnaut

Economist Ross Garnaut believes the cure for a corona virus hit and recession bound economy is strong investment in renewables, in our future energy infrastructure.

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Coal developers risk half a trillion dollars down nonrenewable drain

A new report from financial think-tank Carbon Tracker has found that coal developers risk wasting more than $600 billion due to stubborn resistance to the already cheaper electricity resources provided by renewable energies worldwide. The report finds, in short, that a new coal plant is about as prudent an investment today as a Clydesdale and cart. 

Canadian Solar inks solar PPA with Amazon in Australia

Chinese PV heavyweight Canadian Solar has announced an offtake deal for its Gunnedah solar project in New South Wales signed with e-commerce giant Amazon.

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