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Markets & Policy

ESCO Pacific’s 70 MW NSW solar project gets connection go-ahead

The Australian utility-scale solar developer has reached the final development milestone on a solar and battery project near West Wyalong in the Riverina region.

CleanPeak expands its solar shopping-centre portfolio with acquisition of ReNu 

On Friday, ReNu Energy signed an agreement for the sale of its solar assets, including Shopping Centres Australasia arrays, to commercial-rooftop-solar startup CleanPeak Energy.

Clean Energy Summit tackles transmission for transition at the heart of the NEM

Matthew Kean, NSW Government Minister for Energy and Environment opened the Clean Energy Summit 2019 this week promising to unleash private investment on the state’s transmission infrastructure, but will the mechanism, the momentum and the maths add up to the coal-retirement timeline?

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Photon Energy sells 25% stake in NSW solar project to Canadian Solar

Chinese module maker and project developer Canadian Solar has acquired another 25% share in the 189 MWp Suntop Solar Farm from Photon Energy and increased its stake to 76%. The balance of shares is held by Sydney-based Polpo Investment.

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Redflow reports low quarterly revenue amid customer delays

While it has seen growing market acceptance of its zinc-bromine flow battery technology in the past 12 months, Redflow has reported a slowdown in delivery of batteries with cash receipts of only $74,000 received in the FY2019 final quarter.

100 MW Playford battery gets go-ahead to complement Cultana Solar Farm

Simec Zen Energy’s landmark 1 GW dispatchable renewable energy initiative has moved forward with the development approval for the 100MW/100MWh Playford Utility Battery project located near Port Augusta. The facility will provide the necessary frequency control and grid stability requirements for the 280 MW Cultana Solar Farm

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Rule change to enhance transparency of new projects and ease grid congestion

With more than 50 GW of new wind and solar projects in the development pipeline, the Australian Energy Market Commission is looking to give developers more detailed and up-to-date information about new generation projects. The new draft rule may help businesses make better investment decisions on where to locate new generators and assess project viability.

Grid-scale thermal energy storage to power SmartFarm development

Adelaide-based energy storage specialist 1414 Degrees has partnered with technical, agribusiness and finance partners including sustainable horticulture company, Nectar Farms to identify and develop projects using its thermal energy storage solution.

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Utility scale, rather than behind-the-meter batteries will drive energy storage take-up – Bloomberg u-turn

The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.

August Victorian residential solar rebate snapped up in 90 minutes

The quota for rebates in the August round of the Solar Homes program has been snapped up in only 90 minutes. Solar Victoria reports there are “plenty of rebates still available” for rental solar grants, solar hot water and batteries – the latter in qualifying areas only. Industry bodies say that solar sector in “crisis”.

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