NSW amends laws to pave the way for rooftop solar and big batteries
The New South Wales government has amended legislation to allow for larger-scale solar systems to be installed on homes and commercial buildings without council approval and to facilitate the installation of utility-scale batteries.
New white paper attests to Tasmania’s deep storage potential
New analysis highlights the need of, and Tasmania’s potential for, deep storage to back up Australia’s future energy market. Tasmania is determined to become the Battery of the Nation.
Solar Bay begins $350 million solar buyback initiative
Renewable Investment Fund Solar Bay is dishing out its $350 million mandate over the next three years by buying on-site solar systems to provide discounted PPA’s. The move is part of an ongoing trend in smaller-scale renewable investment.
Nextracker the largest tracker provider in 2019
The ten largest solar tracker companies accounted for 88% of the market last year, according to analyst WoodMackenzie, with the market growing 20% from 2018.
NEM 2.0 – COAG sets out for two-sided market
The COAG Energy Council’s plan to unlock Australia’s potential to reindustrialise its energy system has taken another step forward with the publishing of an Energy Security Board consultation paper. The paper discusses what the two-sided market required to free up the potential of household energy technology will look like.
South Australia forecast to add nearly 1 GW of big PV over the next four years
With more than half of its electricity already supplied by wind and solar, South Australia is setting the bar high for how to efficiently decarbonize the grid. As it moves toward its 2030 target of “net” 100% renewables, the speed of the state’s energy transition will depend on a host of factors.
The NEM saw 25% renewable generation in March
Rystad Energy’s analysis of the Australian National Electricity Market over the month of March revealed 25% generation from renewable sources as large-scale solar powers ahead.
Solar to pay for a Ticket to Ryde
The City of Ryde has decided to adjust its ambitions from a 60% renewable energy target by 2030 to a 100% renewable energy target.
Falling power prices could benefit mega-sized solar and wind projects
The Covid-19 pandemic will create a “perfect storm” for the wholesale electricity market as lower demand comes together with lower gas prices and large-scale solar and wind being commissioned to depress power prices, finds a report by Melbourne-based consultancy RepuTex.
Covid-19 to pause gigawatts of wind and solar project in Australia
The pandemic will postpone or cancel the financial close of some 3 GW of solar and wind in Australia, according to Norwegian consultancy Rystad Energy, as the falling Australian dollar renders projects uneconomical. The biggest loser among the states will be New South Wales.
