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Markets & Policy

Solar Victoria heeds solar industry activism, frees up 23,000 solar PV rebates

The Victorian Government has heeded solar industry and customer concerns and wrought substantial changes to the Solar Homes Rebate Program, including a significant increase in rebate allocations and a streamlining of the laborious online application portal.

Watchdog takes Pelican Point Power Station to court for 2017 SA blackouts

The Australian Energy Regulator (AER) has taken Pelican Point Power Station to Federal Court for alleged breaches in the National Electricity Rules (NER). The AER alleges that Pelican Point failed to adequately disclose its generative capability to Australian Energy Market Operator (AEMO).

Food and energy tussle as Victoria approves three controversial new solar farms

The Andrews Government has approved three new solar farms in the Shepparton region with a combined generative power of 175 MW. However, some residents are upset at the loss of prime agricultural land and the now redundant irrigation equipment which had been upgraded through government grants.

China to fund 450 MW of solar capacity in Bangladesh

The two nations are due to sign an MoU today to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.

China Power figures show how much cheaper solar is than coal

A mix of higher operating costs and ageing coal assets – plus historically generous solar tariffs – meant the utility banked more profit from the 1.53 TWh of solar electricity it sold in the first half than it did from 25.9 TWh of coal-fired power.

Super fund leads nation’s largest infrastructure to emissions reduction targets

Industry superannuation fund manager IFM Investors has announced an ‘unprecedented’ set of Australia’s largest infrastructure assets have set firm emissions targets which are expected to be met with large-scale solar uptake.

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ARENA announces $15 million in funding for ultra-fast EV highway

The Australian Renewable Energy Agency (ARENA) will top up Evie Networks ultra-fast battery electric vehicle (EV) charging network throughout Australia’s highways with $15 million in federal funding.

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Massive HECO solicitation will bring 900 MW of renewables to Hawaii

In an effort to replace two aging power plants, Hawaiian Electric Industries has launched a roughly 900 MW procurement, the largest in the utility’s history, across the islands of Oahu, Maui and Hawaii.

John Laing puts new investment in Australian renewables projects on hold

John Laing Group has reported losses in Australia of some $121 million — said to be due to transmission factors on three of its renewable-energy projects — leading the company to write down the value of those projects and suspend new investment in Australian renewable generation.

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AEMO’s 2019 ESOO Report forecasts a summer punctuated by ‘tail risk’ outages

The Australian Energy Market Operator (AEMO) has today released its 2019 Electricity Statement of Opportunities (ESOO), a forecast of the supply and demand conditions across the National Electricity Market (NEM) as the country moves toward the 2019-20 summer. AEMO warned that a dearth of short and longer-term investment in dispatchable resources and transmission will ensure real-world impacts this summer.

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