IHS revises up outlook for Chinese solar to 40 GW after underestimating demand

Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.

IEEFA Australia: Thermal coal export sunset looming closer

Coal miner Glencore is failing investors in its latest forecasts.

50% VRET by 2030 pledged

Half of Victoria’s energy could come from renewable energy source, as the Labor government has vowed to expand the state’ renewable energy target from 40% in 2025 to 50% in 2030, if re-elected.

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Victorian Labor unveils solar renter scheme

Victorian renters could be able to access rooftop solar power in a new scheme for renters unveiled by Labor leader Daniel Andrews and Lily D’Ambrosio. The announcement, made at Gippsland Solar in the LaTrobe Valley today, would provide $82 million in rebates over 10 years, targeting an initial 50,000 homes.

Democrats control the House. Now what?

The new Democratic majority in the House will still need to deal with a Republican Senate and president, and is unlikely to take bold action.

“Political upheaval” causes Australia to slip one place in EY renewables index

Australia has slipped from fifth to sixth place in EY’s biannual RECAI, citing “political upheaval” and the appointment of Angus Taylor as federal energy minister. The 52nd edition of the index, released today, has seen little movement among the top 10 countries, with Germany, the UK and Australia all falling one position.

CEFC to keep investment pace despite policy uncertainty

While it has seen a major shift in business and the financial markets with industry seizing the opportunities offered by decarbonization, the Australian government’s green bank has reported a record year of investment in 2017-18 with a total of $2.3 billion allocated for clean energy projects. The CEFC expects to stay on this investment trajectory in the year ahead, signaling potential asset recycling.

Trina introduces rooftop kit, aims at direct sales – interview

Chinese module manufacturer Trina Solar has launched its “all-in-one“ kit in Australia targeting the rooftop solar segment. Its expectations of the Aussie market are high, as the company continues to pursue overseas expansion to ride out the China government policy shake-up.

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NSW launches energy transition program to propel large-scale renewables, storage

Looking to set the direction for a smart energy future, the New South Wales government has launched the Emerging Energy Program. As part of the scheme, funding will be provided to support the commercialization of new low-emissions, large-scale power generation and storage projects, as well as underpin feasibility studies to help get new projects off the ground.

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Solar to generate a quarter of Australia’s daytime electricity by 2021

By 2021, solar will become one of the most dominant power sources over peak daytime periods, accounting for around a quarter of the National Electricity Market’s power, shows new analysis by Green Energy Markets. The report underlines that solar is currently reducing expensive demand peaks, and is not close to exceeding demand as certain media reports have suggested.

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