An additional $2.9 million from the Australian Government’s Outer Islands Renewable Energy Project (OIREP) is making its way across the sea to the kingdom of Tonga in the form of solar power plants and energy storage. The project is helping Tonga to achieve its target of generating 50% of its electricity from renewable sources by 2020 and 70% by 2030.
The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.
New research by digital services company, Accenture, finds global energy-utility executives feeling underprepared for the increasing frequency of extreme weather events caused by climate change. It’s time to expand the definition of reliability.
Australia’s latest greenhouse gas figures released on Friday show national emissions fell slightly last year. This was by no means an economy-wide effort – solar and wind energy did most of the heavy lifting.
Sunday will herald the largest PV procurement exercise ever held in Malaysia. Half the available capacity will be directed to 10-30 MW facilities with the balance reserved for plants with capacities of up to 50 MW.
The two solar plants with a combined capacity of 14 MWp will represent the first Australian utility-scale PV projects in Photon Energy’s independent power producer (IPP) portfolio.
The coal era is officially over in the United States. Not since 1885, when coal replaced wood, have renewables taken the lead.
The Chinese-Canadian solar manufacturer reported a 41% year-over-year increase in total module shipments to 2.2 GW in the first quarter. Revenue grew by 70% to $826 million, while net profit improved significantly from $17.2 million to $110.6 million.
In a major reform of the energy rules, distribution businesses across Australia will be allowed to service remote areas with stand-alone power systems and avoid costly network upgrades.
The German-headquartered project developer has signed a deal with Pacific Energy’s subsidiary Contract Power to build a hybrid renewable energy project that will power the town of Esperance.
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