As the deployment of large scale renewable energy projects picked up the pace in 2017, the 2020 Renewable Energy Target of 33,000 GWh has been put within reach. The Clean Energy Regulator has reported “a healthy surplus” of renewable energy certificates in the Renewable Energy Target market.
Tasked with redirecting electricity generated in industry to households in north Queensland, Australia’s first large scale operating virtual power plant at work has welcomed big industrial players as customers.
In yet another renewable energy related election commitment, South Australia Premier Jay Weatherill has pledged to offer loans to 10,000 households to install rooftop solar and battery storage, which will be made available interest-free for the first seven years.
Australia is on the cusp of a residential battery storage boom. The Climate Council published the forecast last week in its Fully Charged: Renewables and Storage Powering Australia report. BNEF confirms with pv magazine Australia that as a result of the rapid growth, Australia is alongside Germany as the fastest growing market for residential battery storage.
German battery and solar energy company sonnen will move its Australian headquarters from Sydney to Adelaide where it will also establish a manufacturing hub.
A New South Wales energy management company has won ARENA’s funding for a smart swimming poll pilot project, which holds a promise to both manage peak demand and save pool owners up to 30% of their household electricity use.
Scientists led by Brown University have developed perovskite solar cells, which replace the toxic lead common to many of these material structures with titanium. The researchers say that with further optimization, the material could eventually be ideal for use as a tandem cell layer.
The South Australian Labor Party has increased its Renewable Energy Target to 75% by 2025. It also plans to introduce a target of meeting 25% of the state’s peak electricity demand with stored renewables – equating to 750 MW of storage capacity.
Australia’s first large scale solar+storage array has been grid connected, in Northern Queensland. The collocated 10.8 MW solar and 1.4 MW/5.3 MWh battery storage system is set to demonstrate the value of dispatchable PV to networks and asset owners.
1,200%. According to Bloomberg New Energy Finance, that’s how high imports of Chinese modules rose in the fourth quarter last year, in a desperate attempt to stockpile sufficient numbers before tariffs choked off international supplies.
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