News

Australia’s first Solar Asset Management conference to be held June 26-27 in Sydney recognises a new phase for the country’s large-scale solar sector, as well as the urgent need to drive efficiency from projects, both in the planning and the 25- to 35-year O&M life stages of each project.

Following Carnegie Clean Energy’s voluntary administration, the administrators have revealed the bids its solar microgrid arm managed to attract. Meanwhile, a plan to restructure the company’s core wave power business has been approved by creditors, along with a decision to liquidate the EMC business.

Works have been launched on the 64 MW solar farm is the Darling Downs region. Once completed, the project could make the University of Queensland the world’s first university to offset 100% of its electricity needs from its own renewable energy asset.

Coming hot on the heels of major reports and a heated public debate about electric vehicles, a poll commissioned by the Climate Council confirms Australians believe electric cars are the future. Another poll, by The Australia Institute, has 50% of Australian voters supporting all car sales being electric by 2025.

Chinese tracker supplier Arctech Solar has topped the rankings in the Asia Pacific region and risen to fourth in global PV market share among tracker suppliers in 2018 – on the back of its Australian project wins. Arctech noted the achievement today, pointing to Wood Mackenzie Power and Renewables’ 2019 tracker market report.

Rooftop solar remained the biggest employer in the Australian renewable energy sector last financial year, but it was large-scale solar PV that stole the limelight as it emerged as the second largest contributor of direct full-time jobs.

The world had more than half a terawatt of PV generation capacity at the end of last year as emerging solar markets picked up the slack caused by Beijing’s subsidy about-turn to the tune of a 20% rise in installations outside China.

In a major shift towards owning renewable energy generation assets, electricity network infrastructure owner Spark Infrastructure has fully acquired the 120 MW Bomen Solar Farm in NSW. The project has inked a power purchase agreement with Westpac, which marks a big step towards its goal of sourcing 100% renewable electricity by 2025.

The PV solutions division of DuPont Electronics and Imaging has revealed plans to work with the Fraunhofer ISE on optimizing testing protocols for crystalline silicon solar modules.

Let me be clear: as a developer of utility-scale projects, we are very bullish on bifacial. We see bifacial as the next major evolution in solar module technology. Even if bifacial modules trade at a slight premium for the time being, many manufacturers tell us they intend to make even their monofacial panels with bifacial cells. Once they move their production lines over to bifacial, there won’t be a huge marginal cost difference and the prices will equilibrate – as a result, the module market norm will increasingly evolve to bifacial cell and module technology.