Markets & Policy

PV module demand expected to reach 125.5 GW in 2019, TrendForce

According to the Taiwanese market research company, PV module demand will increase by 16% over 2018 shipments. TrendForce also believes this growth trend will continue in 2020.

Australian airports turn to emissions-linked financing amid growing appetite for sustainable lending

As sustainability-linked debt financing continues to gather momentum, Australian airports are turning to innovative funding mechanisms. In the latest such deal, the operator of Gold Coast Airport will be incentivised to reduce carbon emissions under a loan agreement with Commonwealth Bank and Westpac.

Australia’s first compressed air energy storage facility gets go-ahead

The South Australian government has given its tick of approval for the development of a 5 MW/10 MWh compressed air energy storage facility, which will store excess solar and wind power at a closed underground mine.

Wind and solar cut rather than boost Australia’s wholesale electricity prices

Wholesale prices in the National Electricity Market have climbed significantly in recent years. The increase has coincided with a rapid increase in the proportion of electricity supplied by wind and solar generators. But that needn’t mean the increase in wind and solar generation caused the increase in prices. It might have been caused by other things.

1

Batteries well-suited to play valuable role in grid management in New Zealand’s energy transition

A report published by New Zealand’s state-owned transmission grid operator Transpower finds the widespread uptake of distributed battery storage could play an important role in supporting the power system as rooftop PV and electric vehicles are increasingly adopted.

Future Super to invest $200,000 in RateSetter P2P solar, storage loans

Retail super fund Future Super is backing peer-to-peer (P2P) solar loans to the tune of $200,000. While only small change, the move is claimed to be the first investment of a retail super fund in P2P clean technology lending.

More calls for review of Victoria’s Solar Homes Program

Following similar calls from other industry bodies, the Clean Energy Council has urged the Victorian government to review its landmark Solar Homes Program and warned about the serious effects its dynamics has on the industry.

1

Terregra switches on its first merchant solar farm in South Australia

The 5 MW Mobilong Solar Farm will run on a fully merchant offtake arrangement over its 30-year lifetime.

1

China auction allocates subsidies for 22.7 GW of solar with lowest bid of $0.0407/kWh

China’s National Energy Administration has given the greenlight to 3,921 ground-mounted and distributed generation projects. The approved energy price bids ranged from $0.0407 to $0.080, depending on system size, for an average price of $0.048.

Smart meter time of use pricing to drive up household energy costs without the help of solar and batteries

New research released this week by The Australia Institute shows that ‘time of use pricing’ (ToU) facilitated by smart meters is likely to drive up household energy costs by $429 a year on top of already high prices. Analysis of national electricity market data suggests that demand for electricity in Australia is very inelastic, which makes ToU more likely to increase the profits of electricity companies than to assist consumers. Households with solar PV and batteries, however, are best suited to cope with this type of pricing. 

1

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close