The new control room located in Bangkok will help the German renewable energy developer to keep tabs on its growing APAC portfolio.
The addition of 7,200 MW of large-scale renewable energy supply since the closure of coal-fired power plants in 2016 in expected to almost halve wholesale electricity price over the next four years, shows the latest analysis from Green Energy Markets.
The new federal Energy Minister has revealed his thinking, although few details, as to the measures the government will take in pursuit of its new “laser like” focus on electricity price reduction. While denying that he is a climate sceptic, emissions reduction clearly has no place in proposed policy measures.
The delayed establishment of state-owned renewable energy corporation CleanCo has kicked off. The new generator is expected to save households approximately $70 annually.
Speculations that delayed financial results spelled troubles have proved remarkably accurate – one of Australia’s leading EPC contractors has taken a huge write-down on two Queensland solar projects, and reported $16 million net loss.
As part of its state-wide microgrid funding promise, the Labor Government has allocated a total of $980,000 for the Ovida Community Energy Hub project, which will install shared solar PV and battery systems in three multi-tenanted buildings in Melbourne.
Rumor has it industry lobbying has persuaded the government to agree to 300-500 MW of distributed PV in each of the populous nation’s 34 local government areas, with a reduction in “non-technical costs” making up for a lack of guaranteed payment.
It is unclear whether Angus Taylor is a climate sceptic, but with new PM Scott Morrison having immediately separated the energy and environment ministries – and having in the past professed a curious affection for coal – life could be about to get a whole lot tougher for the Australian PV industry.
The trademark all-in-one product of the Austrian inverter specialist is now compatible with the LG Chem storage solutions.
In yet another bizarre demonstration of the muddled thinking of coalition parliamentarians and solar, climate skeptic and pro-coal LNP MP, George Christensen, will be launching a major off-grid renewable energy project – executed by local business Linked Group Services in Northern Queensland.
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