China PV slowdown could prompt deep module price falls in Q3
New policies affecting all solar market segments in China are likely to lead to production overcapacity in the second half of 2018. The new regulations, announced June 1, will likely see the Chinese market decline from an expected 40-45 GW to 30-35 GW for the year, analysts report.
Bungala Solar Project starts generating to grid
A 45 MW portion of the Bungala solar farm has begun feeding electricity into the grid. The entire first phase of the project – a 137.7 MW PV plant – is expected to be completed in a few months.
CEC: Clean energy industry sees banner year in 2017, major breakthrough to come in next two years
With an unprecedented rollout of rooftop solar reaching 1.1 GW and around 700 MW of large-scale renewable energy projects completed and connected to the grid, last year was an important turning point for Australia’s clean energy industry, shows the Clean Energy Council in its latest report. However, seven times bigger capacity of utility-scale projects with financial support or under construction at the year’s end is poised to eclipse 2017.
Lyon partners with Fluence, JERA to develop large solar+battery projects
Looking to pursue utility-scale battery storage opportunities in Asia Pacific markets, the Australian renewable energy developer, the US-German joint venture and the Japanese joint venture have entered into a collaboration agreement, under which their first task will be to develop three integrated solar and storage projects in Australia, including what would be by far the world’s biggest battery.
Hyundai Heavy Industries returns to Australian solar market
On the back of a $70 million distribution agreement, Hyundai Heavy Industries Green Energy is re-entering Australia’s solar market, eyeing a strong pipeline of opportunities.
Landis+Gyr and PEP buy smart meter business from Origin Energy
The newly founded joint venture raised $500 million in capital investments realize a large scale smart meter roll out in Australia. Origin Energy previously contracted Acumen for this sector. The Acumen brand will be retained and managed together with intelliHUB
The path to US$0.015/kWh solar power, and lower
GTM Research projects US$24 cent/w solar panels and utility scale fixed-tilt systems at US$70 cent/W by 2022, which opens up new possibilities for ultra-cheap power from solar.
US: Rush to gas risks hundreds of billions in stranded assets
A new report by Rocky Mountain Institute finds that gas plants proposed across the United States over the next 15 years could be replaced by clean energy portfolios at a net savings, and that these projects are at risk of becoming stranded assets.
Sungrow announces residential storage market entry in Australia
Sungrow is best known for its PV inverter range – which covers the residential, C&I and power plant market segments. The Chinese inverter maker has hopes to see it gain increased traction in Australia by broadening its product portfolio in the country.
10-year solar leases come to WA
A new partnership is looking to introduce 10-year solar leases to WA. By targeting new builds and housing developments and halving the standard lease duration, the partnership aims to make solar leases attractive – where previously they have failed to gain traction.
