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Markets & Policy

Queensland, Victoria solar businesses burnt $1.3 million for duty evasion

Unnamed Queensland and Victoria solar businesses have been ordered to pay hefty fines, after being caught misclassifying solar mounting kits imported from China. Earlier this year, the Australian Border Force announced it was tightening screws on the dumping of aluminium extrusions, mostly used to mount solar panels.

Vietnam to stop licensing large-scale solar projects

In a newly published policy document, Hanoi has urged regional governments and the country’s state-run utility, EVN, to suspend authorizations for new solar parks until further notice. Around 8.93 GW of utility-scale solar capacity is already approved for development in Vietnam, according to the Ministry of Industry and Trade.

Shared solar switched on at Melbourne apartment block

A microgrid installed on an apartment block in Melbourne will provide clean and affordable electricity to 52 low-income households. It is the first site of Ovida’s Community Energy Hubs project, which will deliver shared solar PV and batteries to more multi-tenanted buildings in the city.

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Genex achieves financial close for Jemalong and refinancing for Kidston

Sydney-based developer Genex Power Limited (Genex) has fought its way back from several unlucky blows to achieve financial close for the 50MW Jemalong Solar Project and the refinancing of the 50 MW Kidston Solar One Project.

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ARENA funds Wattwatchers toward more consumer empowerment

The Australian Renewable Energy Agency (ARENA) is set to fund Australian energy technology company Wattwatchers to the tune of $2.7 million. The funding will aid the development of a consumer-facing energy data hub, ‘My Energy Marketplace,’ another step forward in consumer energy empowerment.

Vicinity completes Australia’s largest solar car park installation

Australian retail property major Vicinity Centres has delivered two solar carparks at its shopping centers in South Australia, one of which is the nation’s biggest at 3.2 MW. One of the centers also has a solar battery trial underway and both will have EV charging stations as of next year.

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Unique hybrid solar PV installation now powering WA mine

The Nova Nickel-Copper-Cobalt Operation mine in the Fraser Range of Western Australia is now operating with fewer costs and emissions thanks to Zenith Energy’s hybrid solar PV-diesel power plant. The plant provides a litany of firsts, including being the first hybrid solar PV-diesel project completed without a single government subsidy.

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AEMO calls for submissions on VIC-NSW interconnector expansion

The Australian Energy Market Operator (AEMO) has published a report with TransGrid looking to assess the viability of an expansion to the NSW-VIC interconnector, a much-needed infrastructural upgrade. AEMO is seeking submissions on the interconnector and other transmission investment options.

Charging an electric vehicle in 10 minutes

Scientists from Penn State University have developed a self-heating battery for electric vehicles which is said charge in only 10 minutes at 60 degrees Celsius.

CEFC, Infradebt launch new investment push in community and commercial renewable projects

The Clean Energy Finance Corporation (CEFC) has come together with private sector infrastructure fund manager Infradebt to invest in smaller utility-scale renewable energy projects for community and commercial energy users. The move aims to close an investment gap for projects of 25 MW or less.

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