Markets

RayGen announces major equity investor in Photon Energy

Melbourne solar Thermal Hydro tech company RayGen has announced a strategic partnership with global developer Photon Energy. The boost comes only weeks after added ARENA funding and signals a major push toward a solution to the problem of solar intermittency.

World now has 583.5 GW of operational PV

Global grid-connected solar capacity reached 580.1 GW at the end of 2019, along with 3.4 GW of offgrid PV, according to the International Renewable Energy Agency. Total installed renewables capacity hit a remarkable 2,563.8 GW, with hydropower remaining the dominant source at 1,310.9 GW, followed by wind at 622.7 GW.

Katoomba student’s sortie for solar in NSW schools

Katoomba High School student Estelle Dee is collecting signatures for a petition to NSW Energy and Environment Minister, Matt Kean, for the installation of solar panels at every NSW public school within the next three years.

Western Australia, the stand-out state for stand-alone systems

Before social-distancing became a thing, Western Australia stood apart from the rest of the country. Defined by remoteness, the state is beginning to embrace its identity, and cure itself of network headaches at the same time, with the uptake of stand-alone power systems (SPS).

New Zealand may reach 6 GW of solar by 2050

National utility Transpower said that solar could take a 9.3% share of the country’s generation mix by the middle of the century. However, real growth is only forecast to occur from 2035, with distributed generation expected to account for more than 80% of total installed PV.

Western Australia first to comprehensively plan DER integration

In this time of residential confinement, it seems appropriate that governments and agencies are advancing plans to enable the uptake of distributed rooftop solar resources and their integration with grid operations. A part of this much awaited movement the Western Australian Government this weekend published its DER Roadmap.

Long read: Orchestral support for an evolving energy system

As one of the world leaders in PV+storage deployment, Australia has ample opportunity to develop a two-way energy system that could provide critical services to the grid and deliver additional revenue streams for rooftop PV and battery prosumers. Although still in their early days, some virtual power plant (VPP) projects are already proving their worth.

Northern Territory approves its first lithium mine

The Finniss Lithium Project will be the first-ever lithium mine to be built outside of Western Australia.

AEMO publishes final MLFs for 2020-21

The Australian Energy Market Operator’s final marginal loss factor report for 2020-21 provides some good news for operational large-scale solar projects delivering only smaller changes compared to those seen in preceding years. However, the reduced need for MLF adjustments came as a result of a slowdown in new project development and additional network constraints.

WA passes Pilbara electricity reform bill

The Western Australian State Parliament has passed an electricity reform bill that will see a new regulatory framework for the Pilbara and support stand-alone power and storage systems – already being rolled out by both Western Power and regional utility Horizon Power.

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