Markets

The centralised nature of policymaking in Beijing would enable component standardisation to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.

The Clean Energy Regulator is both watchdog — assessing applications for Small-scale Technology Certificates, Large-scale Generation Certificates and Emissions Reduction Fund credits — and oracle, weaving data to provide an overview of Australia’s energy supply and demand and the performance of renewable resources. A recent transformation of its digital capabilities benefits consumers and the renewable energy industry.

South Australia has done some hard yards in pursuing the transition to green energy, integrating 50% renewable generation into its grid, and advancing the management of a vast fleet of distributed rooftop energy resources. Now it’s seeking investors to continue the renewable buildout beyond its own requirements and potentially fuel the world with green hydrogen.

Earlier this year, Singapore surpassed its 2020 target for 350 MW of installed PV, and has set itself a more ambitious goal of 2 GW for the coming decade. pv magazine recently spoke with Thomas Reindl, deputy CEO of the Solar Energy Research Institute of Singapore (SERIS) – and also the lead author of a 2020 update to the institute’s PV Roadmap for Singapore report – to catch up on the latest developments in the city-state’s PV market.

One of Australia’s tourist hot spots could soon be home to a major solar farm with the Gold Coast City Council giving a 33 MW project the green light.

As Green Finance begins to be seen more and more as global best practice the energy transition can only accelerate. This week, two stories attest to the growing acceptance of green finance by major financial institutions – ANZ Bank has pledged to extricate itself from thermal coal by 2030 and pursue more sustainable policies and Mike Cannon-Brookes supported startup Brighte announces Australia’s first 100% green asset-backed securitisation, $190 million in debt financing for Australians looking to uptake solar and battery storage in their home.

A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funnelled to clean power.

Re-elected South Korean president Moon Jae-in today declared he will follow-up on a campaign trail promise to eliminate carbon emissions by mid century. The announcement comes just two days after Japan’s new prime minister said he would accelerate his nation’s emissions target.

As Australia’s home battery market begins to catch up to its install residential solar capacity the opportunity for large-scale virtual power plants is verging on reality. Indeed, Solar Service Group’s new Solar + Battery Members’ Plan could see Australia host the world’s largest virtual power plant next year.

BHP Nickel West has extended its PPA with Southern Cross Energy to 2038 as the mining giant looks to integrate renewable energy into its processes toward the goal of meeting its emissions reductions goals and producing ‘sustainable nickel’, a necessary requirement for potential client Tesla. The extended deal begins at Nickel West’s Leinster and Mount Keith operations with the development of an 18.5 MW solar farm and battery storage system.