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BNEF: Australia ties with Germany as fastest growing residential storage market

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.

First German ‘technology neutral’ wind and solar tender launched

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.

Yeah but nah: Aussie solar going gangbusters, but installed capacity not doubling in 2018

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.

Australia must not miss lithium chance

Issuing a call for action, a report commissioned by the Association of Mining and Exploration Companies outlines Australia’s opportunity to expand along the estimated $2 trillion lithium chain in the next two years.

Fronius releases new generation of storage kits for Australian market

The Austrian inverter specialist is launching a new version of its Energy Package upgraded with storage units from LG Chem.

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.

8th IRENA Assembly: Solar driving “fast moving” Asian renewable markets

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.

Soaring solar poses quandary for Synergy in WA

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.

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Surging WA power prices to feed PV demand

Fast increasing power prices in Western Australia are set to feed the already “buoyant” residential PV sector, leading suppliers are reporting. The WA government is winding back electricity subsidies in an attempt to repair the state’s budget.

IHS Markit: Global solar installations to pass 100 GW in 2018

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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