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Markets & Policy

2017: the year the states stepped up for solar, storage

Looking back on an unprecedented year for Australia’s renewables sector, when it was never far from mainstream headlines, 2017 may very well be the watershed year for the industry. And it is the states, rather than the federal government, which have taken the lead.

AMP Capital provides Neoen €245 million for French, Australian renewable projects

The French independent power producer will use the funds for the development of 1.6 GW of wind and solar in France and Australia.

Trump team argues strongly for tariffs

Reports say an unreleased memo circulating within the White House lays out arguments for the strongest of trade sanctions against Chinese solar module makers in what is likely a bad sign for U.S. solar markets.

Victorian reverse auction community engagement criteria asks developers to go extra mile

The Victorian Renewable Energy Auction Scheme (VREAS) makes community engagement an eligibility and evaluation criteria for funding, with a benefit-sharing program a first in State Government regulation of renewable energy projects.

Australian Greens call for RET expansion as AEMC finds wholesale price increases will be “reversed” by renewables

The Australian Greens are continuing their advocacy for a RET extension and expansion beyond 2020, on the back of the Australian Energy Market Commission (AEMC) finding that renewables are driving down electricity prices. In its latest report on electricity prices, AEMC has found that much of 2017’s 11% residential price increases will be “reversed” as around 4 GW of renewables come online – driven by the RET.

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.

Maoneng signs PPA for 300 MW in New South Wales

Chinese/Australian developer Maoneng has signed a 15-year PPA to provide energy company AGL with 300 MW of PV projects, to provide up to 800,000 MWh of electricity per year. The projects form part of AGL’s plan to replace the coal-fired Liddell Power Station, set to close in 2022.

ARENA awards $29.2 million to 20 solar R&D projects

The Australian Renewable Energy Agency (ARENA) has announced that it will award multiple Australian universities and research institutes with a total of $29.2 million to support early-stage research into new solar innovations.

CRC-P awards $8.34 million for three green projects

Under the Cooperative Research Center Program 4th Selection Round, the Australian Federal Government will extend a grant for a smart home energy management system. Other awarded green projects involve an energy storage technology alternative for lithium-ion batteries and innovative generation of low cost, zero-emission, reliable electricity.

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.

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