Markets

The Nova Nickel-Copper-Cobalt Operation mine in the Fraser Range of Western Australia is now operating with fewer costs and emissions thanks to Zenith Energy’s hybrid solar PV-diesel power plant. The plant provides a litany of firsts, including being the first hybrid solar PV-diesel project completed without a single government subsidy.

The Australian Energy Market Operator (AEMO) has published a report with TransGrid looking to assess the viability of an expansion to the NSW-VIC interconnector, a much-needed infrastructural upgrade. AEMO is seeking submissions on the interconnector and other transmission investment options.

Dutch transmission system operator Enexis, gas provider Gasunie and oil company NAM are considering diverting excess solar capacity in Drenthe province into hydrogen production. The companies are assessing which wind and solar projects may have been excluded from the grid.

Drought-stricken Manilla will soon have some of its pressures eased thanks to its efforts to develop a community solar project. The Manilla Solar Farm will not only provide locals with cheaper, clean energy, but also enable energy trading with the national grid.

The University of Queensland (UQ) is well known for its renewable solar power generation, from its Warwick Solar Farm to the extensive solar PV arrays on UQ campuses. Now UQ can store its solar power too, with one of Queensland’s largest behind-the-meter battery storage systems.

Fossil fuel giant Royal Dutch Shell has snapped up a 49% stake in one of the biggest Australian utility-scale solar developers furthering its expansion into the market.

Peer-to-peer energy trading (P2P), the signature of Power Ledger and already a recognised Australian digital export, is set to be installed into nine apartments in Perth’s eastern suburbs. The development’s integration with smart energy trading technology will allow the space to share a solar PV system and SENEC battery.

The PV manufacturer announced the development of the new solar panels, which feature new M12 series monocrystalline wafers, at a conference on Thursday in the Chinese city of Ningbo. The 50-cell modules are actually slightly bigger than 72-cell designs with 156.75 mm wafers, it said.

To fill the gap left by retiring coal-fired plants, the Australian Energy Market Operator forecasts that Australia should invest in a further 30-47 GW of new large-scale wind and solar projects by 2040. At the end of the outlook period, AEMO projects that distributed energy resources could provide up to 13% to 22% of total underlying annual NEM energy consumption.

Queensland gets its first 100% electric delivery vehicle as Ikea’s newest form of transport hit the road.