Premiums set to rise for renewable projects as insurance specialists lament years of underperformance
Insurance premiums for renewable energy projects are likely to increase again this year, as a joint report from insurance specialists finds the sector continues to underperform from an insurance perspective.
1 GW HyEnergy Project appoints ERM to direct swift approvals process
Perth-based Province Resources has tapped on ERM to steer its 1 GW co-located solar and wind green hydrogen project in the Gascoyne region of Western Australia through the raft of approvals required for development. The project is ideally positioned for domestic and export supply of green hydrogen and ammonia.
‘Concierge’ service for renewables aims to bridge education deficit by brokering clean energy deals
Australia’s first renewables brokering service, Teho, aims to tie together the disparate industry threads of solar, batteries, EVs and renewable energy retailers and simplify the path towards renewables for everyday people. Pv magazine Australia spoke to the two brothers behind the business, Jonathan and David Green (yes, that really is their surname), about the gap in the market they seek to tap.
Solar export tax proposal stirs immediate outcry, but AEMC insists ‘doing nothing is not an option’
The Australian Energy Market Commission, Australia’s energy rule maker, today released its draft determination on how to integrate energy technologies like solar and batteries into the electricity grid. In the draft, the Commission revived its proposal for a solar tax, immediately stirring backlash.
Five large-scale community batteries to be integrated into the sunshine-absorbent state’s substations
Queensland’s government will install five community batteries at regional substations across the state in a bid to time-shift its abundant solar resources.
The race that stores the nation – AGL green lights 250 MW Torrens Island battery
AGL’s nose pushes in front in the race that stores the nation with the announcement that construction on its 250 MW one-hour-duration battery at the site of its Torrens Island power station in South Australia is now underway. The announcement follows directly on from AGL having lodged a planning application for a 200 MW battery at its Loy Yang power station in Victoria.
Cornwall calls for co-ordination to avoid 12 GW excess generation
Energy market analyst Cornwall Insights Australia has suggested states and territories should work together to manage the rollout of renewable energy projects with new research indicating that within 10 years the National Energy Market (NEM) could at peak times on an average day be swamped with excess generation.
How to protect rooftop PV systems from fire risk
Dutch research institute TNO has released a series of guidelines to reduce fire hazards in rooftop PV installations. The study follows a series of fire accidents that occurred between 2018 and 2020 in the Netherlands, for which the main causes were identified.
Spanish solar renaissance lifts world to record year for large scale projects
A global ranking of large scale solar project capacities indicates prominent roles for a resurgent Spain, behind the usual top three of China, the U.S. and India, with Australia and the Netherlands also on the rise. There were disappointing returns, though, for the U.K., Italy and Canada.
WWF-Australia’s first Renewable Superpower Scorecard shows states doing the hard yakka
The World Wide Fund for Nature-Australia’s 2021 Renewable Superpower Scorecard has landed and shows how Australia’s states are putting in the hard yakka toward Australia’s renewable energy future while the Morrison Government lags behind.
