Fronius releases new generation of storage kits for Australian market
The Austrian inverter specialist is launching a new version of its Energy Package upgraded with storage units from LG Chem.
Surging large-scale solar puts Australia on track for 2020 renewable target
Clean Energy Regulator data reveal that a stellar 2017 has set the Australian renewable sector up to meet 2020 Renewable Energy Target (RET). Large scale solar accounts for 46% of the “firmly announced” projects since 2016.
8th IRENA Assembly: Solar driving “fast moving” Asian renewable markets
All forms of renewable energy will be cost competitive with traditional generation sources by 2020. This was one of the key findings in the latest report from the International Renewable Energy Agency (IRENA). It was delivered yesterday at IRENA’s 8th annual Assembly in Abu Dhabi.
Soaring solar poses quandary for Synergy in WA
AEMO has revealed that soaring rooftop solar in Western Australia is presenting state-owned gentailer Synergy with a quandary, as PV meets expanding volumes of daytime electricity demand while economic hardship is causing record numbers of non-PV households to have their electricity cut off.
Surging WA power prices to feed PV demand
Fast increasing power prices in Western Australia are set to feed the already “buoyant” residential PV sector, leading suppliers are reporting. The WA government is winding back electricity subsidies in an attempt to repair the state’s budget.
IHS Markit: Global solar installations to pass 100 GW in 2018
Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108 GW.
Australia welcomes formal creation of International Solar Alliance
As it officially came into force on Wednesday, the International Solar Alliance was welcomed by Australia, one of its 19 founding members.
European PV market expected to grow by 35% in 2018 – GTM Research
European countries such as France, Germany, the Netherlands and Spain are all forecast to be gigawatt-scale markets in 2018. Globally, around 606 GW of new PV capacity is forecast to be installed between 2017 and 2022.
Australia’s North Territory backs 50% renewables plan, to boost home solar and batteries
The Northern Territory government has given broad support to a plan to transition the territory to 50 per cent renewable energy by 2030, and announced new funding for rooftop solar and grid upgrades, after the release of a Roadmap to Renewables report on Monday.
BNEF: China to install 54 GW in 2017
According to a newly released forecast by Bloomberg New Energy Finance, China is likely to install up to 54 GW of solar PV before the year is out, surpassing previous expectations.
