Bungala Solar Project starts generating to grid
A 45 MW portion of the Bungala solar farm has begun feeding electricity into the grid. The entire first phase of the project – a 137.7 MW PV plant – is expected to be completed in a few months.
CEC: Clean energy industry sees banner year in 2017, major breakthrough to come in next two years
With an unprecedented rollout of rooftop solar reaching 1.1 GW and around 700 MW of large-scale renewable energy projects completed and connected to the grid, last year was an important turning point for Australia’s clean energy industry, shows the Clean Energy Council in its latest report. However, seven times bigger capacity of utility-scale projects with financial support or under construction at the year’s end is poised to eclipse 2017.
Snowy Hydro wants to procure 800 MW of solar, wind
Australia’s energy utility Snowy Hydro has invited potential energy suppliers to submit their proposals with the aim to contract up to 400 MW of wind and 400 MW of solar generation.
Lyon partners with Fluence, JERA to develop large solar+battery projects
Looking to pursue utility-scale battery storage opportunities in Asia Pacific markets, the Australian renewable energy developer, the US-German joint venture and the Japanese joint venture have entered into a collaboration agreement, under which their first task will be to develop three integrated solar and storage projects in Australia, including what would be by far the world’s biggest battery.
Partners Group, CWP Renewables come together for 1.3 GW renewables platform
The Swiss investment manager and the Australian renewable energy developer stand ready to deliver a total of over 1.3 GW of solar, wind and battery projects across New South Wales within the next four years.
Hyundai Heavy Industries returns to Australian solar market
On the back of a $70 million distribution agreement, Hyundai Heavy Industries Green Energy is re-entering Australia’s solar market, eyeing a strong pipeline of opportunities.
Landis+Gyr and PEP buy smart meter business from Origin Energy
The newly founded joint venture raised $500 million in capital investments realize a large scale smart meter roll out in Australia. Origin Energy previously contracted Acumen for this sector. The Acumen brand will be retained and managed together with intelliHUB
The path to US$0.015/kWh solar power, and lower
GTM Research projects US$24 cent/w solar panels and utility scale fixed-tilt systems at US$70 cent/W by 2022, which opens up new possibilities for ultra-cheap power from solar.
Extension of P2P green loans program after successful first 12 months
Continuing demand and a good first year means that the CEFC and RateSetter have agreed an extension to the green loans agreement, with over 150 new installations every month.
US: Rush to gas risks hundreds of billions in stranded assets
A new report by Rocky Mountain Institute finds that gas plants proposed across the United States over the next 15 years could be replaced by clean energy portfolios at a net savings, and that these projects are at risk of becoming stranded assets.
