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Markets

Solar Victoria portal crashes as expanded rooftop PV rebate opens

Only hours after the release of the boosted September allocation of rooftop PV rebates, Solar Victoria’s application portal crashed, leaving applicants frustrated.

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IndianOil to produce non-lithium EV batteries

The state-run fossil fuel giant has partnered with an unnamed foreign start-up to produce electric vehicle batteries using raw materials easily available in India.

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Solar Victoria heeds solar industry activism, frees up 23,000 solar PV rebates

The Victorian Government has heeded solar industry and customer concerns and wrought substantial changes to the Solar Homes Rebate Program, including a significant increase in rebate allocations and a streamlining of the laborious online application portal.

Super fund leads nation’s largest infrastructure to emissions reduction targets

Industry superannuation fund manager IFM Investors has announced an ‘unprecedented’ set of Australia’s largest infrastructure assets have set firm emissions targets which are expected to be met with large-scale solar uptake.

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Massive HECO solicitation will bring 900 MW of renewables to Hawaii

In an effort to replace two aging power plants, Hawaiian Electric Industries has launched a roughly 900 MW procurement, the largest in the utility’s history, across the islands of Oahu, Maui and Hawaii.

The Chinese solar market is changing shape

Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.

Shell’s ERM Power takeover bid could shift Australia’s energy landscape

Energy giant Shell has launched a takeover bid of Australian gas-only electricity retailer ERM Power as part of its strategy to transition to electricity and its ambition to become the biggest generator in the world. Wood Mackenzie analysis suggests Shell is expanding into other global power markets.

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Coles inks PPA to source power from three NSW solar farms

The Australian supermarket giant will purchase more than 70% of the electricity generated by three solar power plants to be built and operated by Metka EGN outside the regional centres of Wagga Wagga, Corowa and Junee – the equivalent of 10% of Coles’ national electricity usage.

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With AEMO consultations and amendments complete — let ISP 2019-20 begin!

The conclusion of AEMO’s 2019 planning and forecasting consultation brings revised approaches to the 2019-20 Integrated System Plan: three new renewable energy zones reflect resource and generator interest; the forecasting of distributed energy resources has been reframed; and a fifth and critical planning scenario has emerged. 

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200 MW solar project nipped in the bud as VCAT hands down decision

In a major battle over land use, the Victorian Civil and Administrative Tribunal has decided to refuse a planning permit for the 200 MW Bookaar Solar Farm, near Camperdown.

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