Global EV sales hit 4 million, soaring market sees next million in May 2019
While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.
BayWa r.e. opens control centre for APAC region
The new control room located in Bangkok will help the German renewable energy developer to keep tabs on its growing APAC portfolio.
Taylor takes aim at gentailers, networks, renewables
The new federal Energy Minister has revealed his thinking, although few details, as to the measures the government will take in pursuit of its new “laser like” focus on electricity price reduction. While denying that he is a climate sceptic, emissions reduction clearly has no place in proposed policy measures.
Is China about to add 10 GW of unsubsidized solar?
Rumor has it industry lobbying has persuaded the government to agree to 300-500 MW of distributed PV in each of the populous nation’s 34 local government areas, with a reduction in “non-technical costs” making up for a lack of guaranteed payment.
Fronius Symo Hydrid now in sync with LG Chem RESU battery
The trademark all-in-one product of the Austrian inverter specialist is now compatible with the LG Chem storage solutions.
AEMO: Heightened risk of outages, coal generators to blame
In its 2018 Electricity Statement of Opportunities (ESOO), the Australian Energy Market Operator (AEMO) has warned of a heightened risk of power failure during summer peak-demand periods, based on refinements in weather forecasting and reduced reliability of ageing fossil fuel generators.
Large-scale solar sees 20% drop in new projects in H1 2018
According to Wiki-Solar, around 16 GW of new solar PV parks were brought online worldwide in the first half of this year. In the same period of 2017, newly installed utility-scale PV capacity totaled around 20 GW.
South Australia launches 10 MW solar tender
The Berri Barmera Council has invited expressions of interest for the construction and operation of a 10 MW solar farm which will contribute to delivering a predictable and cost-effective renewable energy supply within the region.
New CEO appointed for ARENA
Darren Miller, co-founder of Sydney-based solar focused electricity company Mojo Power, has been appointed as the new Chief Executive Officer of the Australian Renewable Energy Agency (ARENA).
Victorian Labor makes $1.24 billion solar pledge
The Victorian government has announced a massive investment in renewable energy that will bring rooftop solar to 650,000 homes over 10 years. The systems will help Victorians save about $890 a year on their power bills with half-price solar panels at no up-front cost.
