Skip to content

Markets

Morrison-Berejiklian energy deal: Opportunity for renewables or climate deal with the devil?

An energy deal struck between the Morrison and Berejiklian governments that will see more than $2 billion invested to increase gas supply and reduce greenhouse gas emissions from the electricity sector has prompted a flurry of reactions that boil down to two conflicting interpretations of its purpose.

4

Renewables investment collapses due to network woes and policy uncertainty

In yet another confirmation of a dramatic drop in spending on large-scale renewables in Australia, a new analysis by the Clean Energy Council reveals a fall from 51 projects worth $10.7 billion in 2018 down to 28 projects worth $4.5 billion in 2019. Mounting regulatory risks, under-investment in transmission and policy uncertainty are the main reasons behind investment slow-down, which is set to put greater pressure on reliability and power prices as Australia’s old coal-fired power stations continue to close.

2

Glenrowan West Solar Farm set for construction after purchase by Germany’s Wirtgen Invest

Germany-based Wirtgen Invest has entered the large-scale Aussie solar market with the purchase of the 140 MW Glenrowan West Solar Farm, a significant project considering its location in one of the 2020 Integrated System Plan’s Renewable Energy Zones.

Solarwatt’s Vision glass-glass PV passes Aussie cyclone testing

Solarwatt’s Vision glass-glass solar PV modules have pushed the technology’s resilience even further after passing Aussie cyclone testing in Darwin. The success arouses new attention to the competing riders on the bifacial wave, glass-glass and backsheets.

South African mining sector wants solar

The Minerals Council South Africa has urged the government to solve the country’s energy crisis by adding more power generation capacity from both distributed and large-scale renewables. Meanwhile, several mining companies operating in South Africa are planning their own big solar parks, including two 200 MW facilities under development by Sibanye-Stillwater and Vedanta.

A record-breaking quarter for Tesla energy storage and an improvement in solar

The internet’s favorite energy company installed 530 megawatt-hours of battery storage in Q4, beating out the previous record, set last quarter, as well as showing continued improvement in solar installations.

Australia’s first Tesla Powerwall four years on

Sydney’s Nick Pfitzner was the first Australian to install a Tesla Powerwall to go with their residential solar PV system. Four years on and the Pfitzners are living the solar + battery dream.

3

South Australia’s Home Battery Scheme now open to new builds

The SA Government’s standout Home Battery Scheme is now open to new home buyers and new builds. The expanded Scheme is already off to a flying start with the Stoddart Group promising to install 10,000 solar and battery systems over the next four years to create one of the world’s largest VPPs.

4

Global corporations set new record contracting 19.5 GW of wind and solar projects

Corporations contracted a record amount of wind and solar energy through power purchase agreements in 2019, up more than 40% from the previous year’s record, says a new report from BloombergNEF. The bulk of this purchasing occurred in the U.S. with tech companies and oil and gas majors leading the charge. In Australia, onsite solar projects delivering power to corporations nearly doubled to 1GW.

ARENA in desperate need of funding lifeline says Australia Institute

The Australian Renewable Energy Agency (ARENA) is in desperate need of a short-term funding extension as its funds to allocate to new projects is set to dry up by mid-2020. The Australia Institute has published a discussion paper urging the Morrison Government to legislate.

1

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close