The International Renewable Energy Agency (IRENA) forecasts as much as 90 GW of new solar additions annually across the globe over the next few years, driving a 60% reduction in costs.
The Victorian Andrews Labor Government’s Renewable Energy Target (RET) has passed into law. The move mandates 25% of the state’s electricity is to be sourced from renewables by 2020 and 40% by 2025.
The future of solar deployment in Western Australia remains uncertain under the Federal Government’s National Energy Guarantee policy. Excluded from the program, WA solar proponents report that market conditions “may get even harder” for PV in the state.
The latest report by North Carolina Clean Energy Technology Center shows that American utilities are trying the same tactics to gain more revenue from and/or stop their customers from going solar. But their success rate has not changed.
The buoyancy of the Australia PV market is evident in the attendance figures from the All Energy Australia conference and trade show in Melbourne last week. Event organizers have reported that while the numbers are still being finalized, it appears that attendance has increased 40% YoY.
According to the latest briefing from Asia Europe Clean Energy Consultants (AECEA), China is likely to install more than 50 GW of PV in 2017, a second consecutive record breaking year for the world’s leading market.
Since October 8 some 42 cars powered by solar energy raced their way across Australia from Darwin to Adelaide in the 30th World Solar Challenge. Delft University’s Nuon Solar grabbed its seventh win.
Record crowds have been attracted to this year’s All Energy Australia trade show and conference, currently underway at the Melbourne Exhibition Centre. With the country’s rooftop market set to exceed 1 GW in 2017, the battery storage sector burgeoning, and strong growth being shown in the utility scale segment, policy uncertainty prevails beyond 2020.
The Federal Government will provide $28.6 million for a demand response trial, in partnership with the New South Wales State Government, to help meet electricity demand peaks this summer. The announcement has been made as it becomes increasingly likely that the government will abandon any form of Clean Energy Target.
More than €30 million in anti-dumping and countervailing duties could have been circumvented by a German company importing modules from China, according to the German custom authorities.
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