Australia is on the cusp of a residential battery storage boom. The Climate Council published the forecast last week in its Fully Charged: Renewables and Storage Powering Australia report. BNEF confirms with pv magazine Australia that as a result of the rapid growth, Australia is alongside Germany as the fastest growing market for residential battery storage.
Onshore wind and solar PV will go head-to-head for the first time in a new 200 MW tender in Germany. Bids for solar PV ground-mounted projects and onshore wind farms can be submitted to the Federal Network Agency by April 3.
There is absolutely no doubting that the installation rate of solar PV, both rooftop and utility scale, is growing extremely quickly. An exciting development, yeah, but installed capacity isn’t likely to double in 2018.
The Austrian inverter specialist is launching a new version of its Energy Package upgraded with storage units from LG Chem.
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.
All forms of renewable energy will be cost competitive with traditional generation sources by 2020. This was one of the key findings in the latest report from the International Renewable Energy Agency (IRENA). It was delivered yesterday at IRENA’s 8th annual Assembly in Abu Dhabi.
AEMO has revealed that soaring rooftop solar in Western Australia is presenting state-owned gentailer Synergy with a quandary, as PV meets expanding volumes of daytime electricity demand while economic hardship is causing record numbers of non-PV households to have their electricity cut off.
Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108 GW.
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