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Markets & Policy

Corporate clean energy smashes records

Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.

Tomorrow: back to solar-empowered schools!

Late 2018 saw the Australian Youth Climate Coalition and Community Power Agency publish a comprehensive plan to power New South Wales and Victorian high schools with 100% renewable energy. Tomorrow, Australian high-school students in most states return to their classrooms with extreme summer weather fresh in their memories. Many will have climate change and energy transition on their minds.

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First 100 installs under SA Home Battery Scheme completed, interest grows

The South Australian government has released an update on the energy storage uptake under the nation’s biggest home battery rebate scheme. With a total of 101 batteries already installed and more than 500 households now in line for installation, a further influx of applications is expected as public awareness builds.

PV Info Link: Jinko the largest module maker of 2018

According to the Taiwanese analysts, JA Solar was number two, followed by Hanwha Q-Cells and Trina Solar in joint third. The ten largest module makers met around 70% of demand, with 66 GW of shipments.

Sumitomo acquires WA’s leading solar retailer Infinite Energy

Japanese industrial giant Sumitomo Corporation has fully acquired Infinite Energy, Western Australia’s solar installer and electricity retailer, thus expanding on its local coal-focused portfolio.

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Australia to lead world in resi battery uptake in 2019, finds BNEF

Over 70,000 Australian households will install battery storage in 2019, according to the Bloomberg New Energy Finance (BNEF). With the nation’s storage demand set to triple, Australia is forecast to make up 30% of global demand this year.

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Christmas Island taps into off-grid solar in post-mining land reclamation

As part of a scientific research focusing on agriculture on exhausted mining areas, a seed cleaning shed on Christmas Island is being powered by solar+storage. The switch from polluting diesel has not only brought a low maintenance, silent and environmentally friendly solution to this remote location, but also lowered operational costs nearly fivefold.

REC Group strengthens Australian presence with new distributer

Having welcomed Sol Distribution on board, Norwegian solar manufacturer REC Group hopes to expand its presence in Australia, which it sees as its key market in the APAC region.

Solar will rebound this year with more than 100 GW of new capacity

Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.

Labor targets green hydrogen exports in billion-dollar plan

The Australian Labor Party has released a National Hydrogen Plan, which involves directing $1 billion in CEFC funding towards clean hydrogen projects, $100 million in ARENA grants for hydrogen technology refuelling infrastructure, and $40 million from the CEFC’s Innovation Fund to help commercialise new hydrogen technologies and businesses. Looking towards clean energy exports, the plan will provide $3 million in funding to Queensland coal port in Gladstone with the aim of creating a hydrogen hub.

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