Module prices continue to slide
After China’s National Day holiday, demand started picking up at a slow pace, but the anticipated installation rush did not occur as expected, due to land and financing issues, as well as the return of winter. These factors will also delay the timing of more than 6 GW of capacity to the first half of next year. PV InfoLink has thus downwardly revised its estimates for installed capacity in the fourth quarter to 11.3 GW in China and 30 GW globally, bringing this year’s global demand forecast to below 120 GW.
Greentech raises funds for greenhouse gas-to-hydrogen investment, eyes $100m Australian opportunity
California-based Greentech startup ReCarbon, which recycles greenhouse gases by converting them into hydrogen, is targeting a big Australian investment.
BYD to introduce next-generation Battery-Box in 2020
The Chinese manufacturer has also announced plans for a tenfold production capacity increase, as it wants to cater to all project sizes with two versions of its high-voltage storage system.
Vietnam introduces auction scheme for large-scale PV
With the publication of Notification No. 402/TB-VPCP on Nov. 22, the Vietnamese government has cemented its transition from feed-in tariffs to auctions, in a clear step away from earlier promises to revive the FIT scheme.
Epho commences construction of its first urban solar farm
Construction is underway on the first urban solar farm to harness the power of clean energy using Epho’s Bright Thinkers Power Station. The technology overcomes various constraints for solar in the city allowing installations to operate both behind and in front of the meter.
Victoria proposes cuts to minimum feed-in tariffs
Victoria’s Essential Services Commission has proposed electricity retailers should offer PV owners the option to choose between a single rate feed-in tariff and a time-varying feed-in tariff, and set lower minimum rates for both.
Pernod Ricard becomes first Australian winemaker to switch to 100% renewables
All of the winemaker’s Australian sites are now using renewable electricity thanks to the completion of the nation’s largest combined winery solar installation and a 10-year power purchase agreement to source renewable electricity.
Marinus Link project firms after positive early reports
Tasmania’s ambitions of becoming the Battery of the Nation improve after early reports on the proposed Marinus Link, a second interconnector between Tasmania and Victoria, show the project’s economic advantages far outweigh expected costs.
Solar PV a great bulwark to summer blackouts, says AEMO
The release of AEMO’s 2019/20 Summer Readiness Report has set the scene for another summer of excessive heat and risk for the grid. However, AEMO has stressed the importance of the influx of solar PV to the grid.
Another Riverina solar project gets go-ahead
The 90 MW West Wyalong Solar Farm has become the latest addition to the swelling solar PV pipeline in the Riverina region having secured the NSW Government’s approval.
